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3.17 Suspension or Termination for Convenience

Termination of Grant and Cooperative Agreement Awards

An award recipient, or awarding agency, may terminate a grant or cooperative agreement award. As the recipient, you may terminate the award upon written notification to the awarding agency, which will formalize the termination of the agreement.

  • A termination agreement specifies the conditions for termination, including the effective date of the termination, the recipient’s continuing responsibility to comply with audit and closeout procedures, and, in the case of partial terminations, the portion of the award being terminated.
  • If possible, a final determination of allowable costs is also included in the termination agreement.