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

Navigating contract terminations can be a complex and high-stakes process for contractors. Whether facing a Termination for Convenience or a Termination for Cause, understanding your rights, responsibilities, and next steps is critical to protecting your business and ensuring compliance. In this webinar, we'll demystify the intricacies of contract terminations, including when and how the government can terminate a contract, the differences between receiving a Stop Work Order and a Termination Notice, and the rights of prime contractors and subcontractors. We'll also cover essential topics such as:  Best practices for terminating subcontracts and managing subcontractor relationships.  Key flowdown provisions to include in subcontracts.  Determining allowable termination costs and submitting invoices within required timelines.  Final steps, required forms, and records retention to ensure compliance.  Preparing for potential audits and safeguarding your business. Join us to gain actionable insights and practical strategies to handle contract terminations with confidence and clarity. Whether you're a prime contractor or a subcontractor, this webinar will equip you with the knowledge you need to navigate terminations effectively and protect your interests.