On January 28, 2016, President Obama signed the Grants Oversight and New Efficiency Act, or GONE Act. The goal of the GONE act is to review grant closeout procedures and identify why so many grants are not closed out by the end of the 90 day period provided in 2 CFR 200.
By December 31, 2017, each funding agency was required provide Congress with a list of all grants that were at least two years past their expiration date but had not been closed out. They were also required to provide explanations as to why the oldest 30 awards were still open. From there, the agencies will have one year to get as many awards up-to-date as possible before reporting to congress again.
Last October, NSF sent out notifications regarding awards that had end dates through 2015 and still had overdue reports. PIs had two weeks to complete and upload the reports to Research.Gov or their projects were included in the list that was sent to congress.
We expect NIH to follow suit very soon. On November 30th, NIH release NOT-OD-18-107, which explains that they plan to more strictly enforce their closeout policies, switching from bi-lateral closeouts to unilateral closeouts. This means that 120 days after the end date of the project, the award will close whether or not NIH has received final financial or progress reports and any remaining costs would not be reimbursed. If this becomes a pattern, NIH reserves the right to take corrective actions such as withholding future projects, suspension, or termination.