Termination means the ending of an award or subaward, in whole or in part, before the planned end of the period of performance.
- Termination of federal grants, fellowships, or cooperative agreements is addressed in 2 CFR 200.340, along with applicable agency regulations and award terms.
- Termination of federal contracts is addressed in Federal Acquisition Regulation (FAR) Part 49 and the termination clause incorporated into the contract.
Awards that are terminated early are subject to the same audit, recordkeeping, and reporting requirements as awards that run for the full project period.