Closeout and Disposition
At the end of an award, the OCG Compliance Officer will submit a final property report and request instructions for handling Government property.
To ensure accurate and timely reporting, the department and PI will:
- Complete theÌýÌý30 days prior to the sponsor due date.
- Confirm with the OCG Compliance Officer that the closeout inventory is complete.
- Indicate a preference for the disposition of the Government property to retain, dispose or return the equipment to the funding sponsor.
After receiving the final report and request, the sponsor will provide one of these instructions:
- Transfer the property title to the University.
- Property title remains with the Government, transfer accountability to another federal award within our institution, and property continues to be under sponsor control.
- Property is titled to the Government and returned as instructed by the sponsor.
Departments can reference the InfoEd award record to determine if a DCPR is required for any sponsored award. OCG sends reminders to Principal Investigators and departments via email with a link to the online DCPR.
Need help?
Email the OCG Compliance Team atÌýOCGProperty@colorado.edu