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As 2018 gets underway, contractors may find that the current administration’s priorities spell out changes to existing contracts. If the program under which you hold a contract doesn’t fit in with new management, your contract may be at risk for termination for convenience. Read on to find out when a contract you hold may be in danger, and what you can do to mitigate costs relating to a contract the Government terminated for convenience. Read the full article at Petrillo & Powell's Patterns of Procurement.
Under a CPFF IDIQ Contract, a task order was terminated for convenience by the Government. We processed a Termination Settlement proposal, as requested. Are we still required to closeut the contract IAW FAR 4.8? If so, what would be required for the final invoice package?