nc_contracting Posted January 11, 2023 Report Share Posted January 11, 2023 A construction task order was awarded with FY19 O&M dollars. The current contract completion date is in March 2024; however, the planned beneficial occupancy date (date we are anticipating the contractor to complete the work) is November 2024. Funds will close (expire) on 9/30/2024. The Government currently stands to assess over $5M in LDs. The Government is not seeking to terminate at this time, and the preferred course of action would be the contractor to complete the work. I believe there was a previous topic regarding allowing a contractor to complete a contract, after funds have closed, through the assessment of the LDs. If anyone has had a similar situation, or knows where I can find an applicable post, I would be grateful for your thoughts and any information. Link to comment Share on other sites More sharing options...
Vern Edwards Posted January 12, 2023 Report Share Posted January 12, 2023 On 1/11/2023 at 7:17 AM, nc_contracting said: Funds will close (expire) on 9/30/2024. What do you mean by "expire"? Do you mean funds that have not yet been obligated? Link to comment Share on other sites More sharing options...
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