FAR 49.603-5
Cost-reimbursement contracts-partial termination.
[ Insert the following in Block 14 of SF 30 , Amendment of Solicitation/Modification of Contract, for settlement agreements for cost-reimbursement contracts as a result of partial termination. ] (a) This supplemental agreement settles the termination settlement proposal resulting from the Notice of Termination dated _________. (b) The parties agree as follows: (1) The contract is amended by deleting the terminated portion as follows: [ specify the terminated portion clearly as to- (i) Line item numbers, (ii) Descriptions, (iii) Quantity terminated, (iv) Unit and total price of terminated items, and (v) Any other explanation necessary to avoid uncertainty or misunderstanding ]. (2) The fee stated in the contract is decreased by $____, from $____ to $____ [ Insert, if appropriate, "(3) The estimated cost of the contract is decreased by $____, from $____ to $____"]. (c) The Contractor’s allowable costs and earned fee, if any, for the terminated portion of the contract will continue to be reimbursed on SF 1034 , Public Voucher for Purchase and Services Other Than Personal, under the applicable provisions of the contract and part 31 of the Federal Acquisition Regulation. (End of agreement)
Source: acquisition.gov — FAR
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