Subpart D: Post-award requirements 2024 Uniform Guidance · effective Oct 1, 2024

2 CFR 200.345: Post-closeout adjustments and continuing responsibilities

2 CFR 200.345 sets 2 requirements for organizations that receive federal grants and cooperative agreements. Applies while you manage a federal award.

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What 2 CFR 200.345 requires

1. Closeout

What you must do

Closeout does not end: the government's right to disallow costs and recover funds from later audit or review (with determinations and notice due within the record retention period); the recipient's/subrecipient's duty to return funds or right to receive remaining funds from refunds, corrections, or final indirect-rate adjustments (unless closed under § 200.344(h)); the agency's/PTE's ability to make financial adjustments to a closed award; subpart F audit requirements; property management and disposition duties (§§ 200.310–200.316); and records retention duties (§§ 200.334–200.337).

When it applies

After award closeout, through the record retention period (property, audit, and adjustment obligations as applicable)

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2. Closeout

What you must do

After closeout, an award-created relationship may be modified or ended, in whole or part, only with the consent of BOTH the awarding agency/PTE and the recipient/subrecipient, with the paragraph (a) continuing responsibilities (including property management) considered and provided for.

When it applies

Any post-closeout modification or ending of relationships created under the Federal award

Closeout plan
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Sections 2 CFR 200.345 refers to

Sections that refer to 2 CFR 200.345

Regulation text of 2 CFR 200.345

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(a) The closeout of the Federal award does not affect any of the following:

(1) The right of the Federal agency or pass-through entity to disallow costs and recover funds on the basis of a later audit or review. However, the Federal agency or pass-through entity must make determinations to disallow costs and notify the recipient or subrecipient within the record retention period.

(2) The recipient's or subrecipient's requirement to return funds or right to receive any remaining and available funds as a result of refunds, corrections, final indirect cost rate adjustments (unless the Federal award in closed in accordance with § 200.344(h)), or other transactions.

(3) The ability of the Federal agency or pass-through entity to make financial adjustments to a previously closed Federal award, such as resolving indirect cost payments and making final payments.

(4) Audit requirements in subpart F of this part.

(5) Property management and disposition requirements in §§ 200.310 through 200.316.

(6) Records retention as required in §§ 200.334 through 200.337.

(b) After the closeout of the Federal award, a relationship created under the Federal award may be modified or ended in whole or in part. This may only be done with the consent of the awarding Federal agency or pass-through entity and the recipient or subrecipient, provided the responsibilities of the recipient or subrecipient referred to in paragraph (a) of this section, including those for property management as applicable, are considered and provisions are made for continuing responsibilities of the recipient or subrecipient, as appropriate.

Source: eCFR · checked Sep 17, 2026

Questions about 2 CFR 200.345

What does 2 CFR 200.345 require?

Closeout does not end: the government's right to disallow costs and recover funds from later audit or review (with determinations and notice due within the record retention period); the recipient's/subrecipient's duty to return funds or right to receive remaining funds from refunds, corrections, or final indirect-rate adjustments (unless closed under § 200.344(h)); the agency's/PTE's ability to make financial adjustments to a closed award; subpart F audit requirements; property management and disposition duties (§§ 200.310–200.316); and records retention duties (§§ 200.334–200.337). After closeout, an award-created relationship may be modified or ended, in whole or part, only with the consent of BOTH the awarding agency/PTE and the recipient/subrecipient, with the paragraph (a) continuing responsibilities (including property management) considered and provided for.

When does 2 CFR 200.345 apply?

After award closeout, through the record retention period (property, audit, and adjustment obligations as applicable). Any post-closeout modification or ending of relationships created under the Federal award.

Plain-English summaries for information only, not legal advice. Always check the regulation text, your award terms and your agency’s guidance.