Section 5: Project Closeout
Based on federal regulations (2 CFR 200.343) regarding project closeout, RTI requires all invoices for terminating projects to be submitted no later than 90 calendar days after the project termination date. To facilitate this timeline, RTI sends reminders to University financial contacts and notifies the University(ies) after a project has closed. A University may request a closeout extension through RTI. All extension requests are subject to RTI and FHWA approval.