SUBPART 49.1--TERMINATION OF CONTRACTS
49.101 Authorities and responsibilities.
(b)(i) Contracting officers shall exercise the authority to terminate a contract for convenience of the Government only after proper authorization and instructions from the activity which requested that the contract be established.
(ii) Do not terminate any contract for convenience if the contractor is in inexcusable default and the Government has a legal right to terminate for default, even if the Government's requirements for performance no longer exist. This prohibition does not preclude a no-cost termination settlement agreement as provided for at FAR 49.402-4(c).
(iii) Terminate contracts resulting from MIPRs in accordance with DFARS 208.7004-6 and 208.7004-7.
49.107 Audit of prime contract settlement proposals and subcontract settlements.
(a) Within five calendar days after receipt from the contractor, forward two copies of all settlement proposals to the responsible audit office as provided in FAR 49.107, including inventory and accounting information and related documents.
SUBPART 49.4--TERMINATION FOR DEFAULT
49.402 Termination of fixed-price contracts for default.
49.402-3 Procedure for default.
(e)(4) Do not terminate for default any contract with a small business firm to whom a Certificate of Competency was issued, or to whom loans were made with SBA's participation, without prior written approval of the HCA.
(f)(6) When unliquidated progress payments, advance payments, guaranteed loans or anticipated excess repurchase costs are involved, the contracting officer shall:
(A) Obtain from the ACO a statement of the value of the inventory that may be available for offset against the outstanding financing.
(C) Identify and state the approximate amount of the excess acquisition costs applicable.
SUBPART 49.5--CONTRACT TERMINATION CLAUSES
49.505 Other termination clauses.
(e) Communication service contracts. See DFARS 239.7411(a) for the prescription and DFARS 252.239-7007 for the clause.
SUBPART 49.70--SPECIAL TERMINATION REQUIREMENTS
49.7001 Congressional notification on significant contract terminations.
(c) Forward the clearance request through the HCA directly to the addressee at 1.290(b)(10), or by facsimile at DSN 227-6988 or (703) 697-6988.
49.7002 Notification and reporting of substantial impact on employment.
(b) The contracting officer shall send the notification through the HCA to the Office of Economic Adjustment; send a copy of the notification by facsimile to the U.S. Army Contracting Support Agency, ATTN: SFAE-CSA-PPS, at DSN 761-2304 or (703) 681-2304.