This is session 1 of 2 in the Terminations for Convenience and Default Webinar Series. Given enough time in the government contracting business, any contractor either might be terminated (one hopes for convenience) or have come close. This webinar will explain in plain English how the termination provisions work and will offer practical advice on how best to position yourself to avoid or deal with a termination. Learning Objectives:  This initial session will cover the following topics.  The Government's Right to Terminate for Convenience  So, now it becomes a Cost Contract  The Clauses and the "Christian Doctrine"  Cause: Evolution of the Govt's Discretion  Termination Mechanics and the Parties' Obligations  The Underlying and Essential "Fairness Principle" of FAR 49.201  Termination Costs, Settlement Expenses, and the Settlement Process  Subcontractor Claims  The Elusive Pot of Gold: The Loss Ratio

This 2-part webinar series will explain in plain English how the termination provisions work and will offer practical advice on how best to position yourself to avoid or deal with a termination.

This is session 2 of 2 in the Terminations for Convenience and Default Webinar Series. Given enough time in the government contracting business, any contractor either might be terminated (one hopes for convenience) or have come close. This webinar will explain in plain English how the termination provisions work and will offer practical advice on how best to position yourself to avoid or deal with a termination. Learning Objectives: This second and final session will cover the following topics:  A Drastic Sanction: The Bases for Default Terminations  Failing to Deliver on Time & Government Waiver of a Due Date  Failing to Meet Specifications  Failing to Make Progress  Distinguishing Show Cause and Cure Notices  Failing to Perform Other Requirements, A Broad Reach  Importance Of the CO's Discretion and Accurate Information  Contractor Defenses, Excusable Delays, and The Effect of Constructive Changes  Remedies: Reprocurement Costs Are Not Your Greatest Threat