Get Fixed Price Agreement Closeout Form - Rochester Institute Of ... - Rit

This guide provides detailed instructions for completing the Fixed Price Agreement Closeout Form used by the Rochester Institute of Technology. By following these steps, users can efficiently fill out the form online with clarity and confidence.

Follow the steps to successfully complete the form.

1. Click ‘Get Form’ button to access the form and open it in the digital editor.
2. Begin by entering the 'Principal Investigator' name in the designated field. This identifies the lead individual overseeing the project.
3. Input the 'Oracle Project Description' to provide context about the project associated with this form.
4. Fill in the 'Project Number,' which is essential for tracking and associating the agreement with the correct project.
5. In the 'Surplus Amount' field, record the total surplus funds available at the conclusion of the project.
6. Provide the 'Budget Amount' to reflect the total budget that was allocated for the project.
7. Calculate and enter the '% Surplus/Budget' to indicate the percentage of surplus relative to the total budget.
8. Affirm that you have read and understood the Pricing, Expensing, and Closeout of Fixed Price Contracts document by selecting 'Yes,' 'No,' or 'NA.'
9. Ensure all applicable PI salary and project-related expenses have been properly charged and check the relevant confirmations according to the project needs.
10. Submit details of interim and final deliverables, ensuring that documentation of each submission is retained.
11. If applicable, confirm that all subrecipient deliverables have been submitted and accepted, and note the final invoices received.
12. If there is a significant balance, provide a necessary explanation and ensure Department Head and Dean signatures are obtained.
13. Complete the signature section by signing and dating where indicated as the Principal Investigator, along with the Department Head and Dean.
14. Once completed, please forward the form to Sponsored Programs Accounting at the address provided in the instructions.
15. At the conclusion, ensure to save any changes made, and download, print, or share the form as needed.

Complete your Fixed Price Agreement Closeout Form online today for a smooth and efficient process.