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Showing results for tags 'Termination for Convenience'.
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?