FAR 49.109-4

No-cost settlement.

The TCO shall execute a no-cost settlement agreement (see 49.603-6 or 49.603-7 , as applicable) if- (a) The contractor has not incurred costs for the terminated portion of the contract or (b) The contractor is willing to waive the costs incurred and (c) No amounts are due the Government under the contract.

Source: acquisition.gov — FAR

← 49.109-3 49.109-5 →

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Previous part: FAR 48 — Value Engineering Next part: FAR 50 — Extraordinary Contractual Actions and the SAFETY Act DFARS counterpart: 249 — Termination of Contracts

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