Subpart 949.1.General Principles
Sec.
949.101 Authorities and responsibilities.
949.106 Fraud or other criminal conduct.
949.111 Review of proposed settlements.
Subpart 949.5.Contract Termination Clauses
949.501 General.
949.505 Other termination clauses.
Authority: 42 U.S.C. 7254; 40 U.S.C. 486(c).
Source: 49 FR 12038, Mar. 28, 1984, unless otherwise
noted.
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Subpart 949.1.General Principles
949.101 Authorities and responsibilities.
The Procurement Executive shall be notified prior to
taking any action to terminate (a) contracts for the
operation of Government-owned facilities, (b) any prime
contract or subcontract in excess of $10 million, and (c)
any contract the termination of which is likely to provoke
unusual interest.
949.106 Fraud or other criminal conduct.
Any evidence of fraud or other criminal conduct in
connection with the settlement of a contract termination
shall be reported in accordance with 909.406.
949.111 Review of proposed settlements.
(a) The Heads of Contracting Activities shall establish
settlement review boards for the review of each
termination settlement or determination of amount due
under the termination clause of a contract or approval or
ratification of a subcontract settlement when the action
involves $50,000 or more.
(b) Settlement review boards may be established for
actions below $50,000 when considered desirable by the
Head of the Contracting Activity or when specifically
requested by the contracting officer.
(c) Proposed settlement agreements or determinations in
excess of contractual authority of the Heads of
Contracting Activities will be transmitted to the
Procurement Executive for review and approval.
(d) Contracting officers shall not conclude proposed
settlement or determinations until the approvals required
by this subsection have been obtained.
Subpart 949.5.Contract Termination Clauses
949.501 General.
The standard clauses set forth in FAR Subpart 49.5 are
applicable as prescribed subject to the cost principles
referenced in the various termination articles shall be in
accordance with Part 931.
949.505 Other termination clauses.
(f) The clause at 952.249-70 is suggested for use in cost-plus-fixed-fee Architect-Engineer contracts.