Regulations last checked for updates: Nov 25, 2024

Title 48 - Federal Acquisition Regulations System last revised: Nov 15, 2024
649.111 - 649.111 Review of proposed settlements.

All proposed termination settlements shall be reviewed and approved by the Office of the Legal Adviser for legal sufficiency. In addition,

(a) All proposed termination settlements from domestic contracting activities shall be approved by the head of the contracting activity, with the exception of termination settlements on simplified acquisitions and no-cost termination settlements; and,

(b) All proposed termination settlements from overseas contracting activities shall be approved by the Procurement Executive.

[80 FR 6924, Feb. 9, 2015]
authority: 22 U.S.C. 2651a,40.S.C. 121(c) and 48 CFR chapter 1
source: 59 FR 66767, Dec. 28, 1994, unless otherwise noted.
cite as: 48 CFR 649.111