A lockout device that can be used to lock a valve in a closed position, for use particularly with valves that include a stationary member, such as a body, and a rotating member, such as a handle or wheel, for activating and deactivating the valve is disclosed. The lockout device can also be used to provide a connection point for connecting various types of connectors to a hose clamp or other elongate connecting member mounted on and locked onto a body such as a pipe or valve.