UW Research

Equipment and Materials

Considerations for equipment and materials at the end of an award and closeout of research project.

Final Equipment Inventory Report

Final Equipment Inventory reports (aka closeout property reports) list all property purchased under a sponsored program. This includes property under subcontractors regardless of ownership. UW’s Equipment Inventory Office (EIO) prepares and submits closeout reports within 45 to 90 calendar days after the completion date of the award.

There are two types of reports:

  • Closeout Positive Property Report: an inventory listing all property purchased or furnished under the grant or contract regardless of ownership.
  • Closeout Negative Property Report: a report indicating that UW bought no property under the grant or contract.

EIO works with the Principal Investigator and the department to resolve any inventory adjustments or liability determinations prior to submitting the closeout report to the sponsor.

Environmental Health and Safety (EH&S) Considerations