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Termination for Convenience


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Guest Vern Edwards

FAR 49.504(B) says that the default clause for fixed-price R&D contracts is not to be included in contracts between the government and "educational or nonprofit institutions on a no-profit basis."

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FAR 49.504(B) says that the default clause for fixed-price R&D contracts is not to be included in contracts between the government and "educational or nonprofit institutions on a no-profit basis."

What about cost-reimbursement contracts b/t USG and prime contractors for R&D?

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What about cost-reimbursement contracts b/t USG and prime contractors for R&D?

49.503 -- Termination for Convenience of the Government and Default.

(a) Cost-reimbursement contracts.

(1) General use. Insert the clause at 52.249-6, Termination (Cost Reimbursement), in solicitations and contracts when a cost-reimbursement contract is contemplated, except in contracts for research and development with an educational or nonprofit institution on a no-fee basis.

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