Identifying and Solving the Problems Surrounding Closing a Contract - Session 8 - Federal Contract Closeout 2024 Series
Federal Contract Closeout Webinar Series - 2024
Final presentation of complex issues with emphasis on indirect and incurred costs and audit issues, subcontract issues, termination and the current environment, intellectual property, specific agency changes being made, and appropriation regulations related to continuing resolutions and budgets.
Closeout is clearly defined in the FAR in the eight pages of Section 4. However, it has been an area of concern for many years, because if not closed properly money rears it ugly head. De-obligation of funds impacts the Government and the contractors and their subcontractors. This financial action tends to be considered a positive for the parties involved. These eight sessions will identify the sources of rules and regulations and the actual steps that must be taken. Attendees have the ability to insure attention will be given to their concerns, if they ask. ASK.
Learning Objectives: (What you will you have learned.)
- What are the complex issues that are encountered in the process, with emphasis on attendee requests.
- What can be done to address and solve
Changes in the regulations
Yearly Appropriation Laws and Closeout
Audit/Financial Issues
Subcontract/Supplier Issues
Utilization of Small Business Issues
Termination vs Closeout in 2024