48 C.F.R. § 49.402-4

49.402-4 Procedure in lieu of termination for default.

Read at: eCFRecfr.gov CornellLII GovInfogovinfo.gov CasesGoogle Scholar

The following courses of action, among others, are available to the contracting officer in lieu of termination for default when in the Government's interest:

(a) Permit the contractor, the surety, or the guarantor, to continue performance of the contract under a revised delivery schedule.

(b) Permit the contractor to continue performance of the contract by means of a subcontract or other business arrangement with an acceptable third party, provided the rights of the Government are adequately preserved.

(c) If the requirement for the supplies and services in the contract no longer exists, and the contractor is not liable to the Government for damages as provided in 49.402-7, execute a no-cost termination settlement agreement using the formats in 49.603-6 and 49.603-7 as a guide.

Notes of Decisions

Cited in 1 case, 2010–2010 · leading case: LB&B Assocs. Inc. v. United States, 91 Fed. Cl. 142 (Fed. Cl. 2010).

Sort: Relevance Newest Treatment

LB&B Assocs. Inc. v. United States, 91 Fed. Cl. 142 (Fed. Cl. 2010). · cites it 5× “” 48 C.F.R. § 49.402-4 (b) (2008). If termination for default would be appropriate, FAR § 49.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.