Contract Closeout procedures can vary widely based on contract type, the complexity of the contract, price adjustments, and even from agency to agency and contracting officer to contracting officer.

Government contractors must understand their role in contract closeouts to ensure their interests are fully protected.  Contract closeout represents the final step in the contracting process for a government contract.  Unresolved or outstanding issues should be addressed and resolved before executing a release of claims.

Prior to government prime contractors closing out their contract with the government, it is important to closeout subcontracts and resolve any issues as well.

Our one-day Contract Closeout course for government contractors focuses on the elements of contract closeout — from final delivery to final payment — and highlights solutions to common mistakes that can lead to closeout delays or losing the ability to address any issues affecting contractor/subcontractor costs.

You’ll Learn How To:

  • When and how to begin preparing for contract closeout
  • Understand what the government’s objective is for contract closeout
  • Know when to use quick closeout procedures or desk reviews
  • Comply with recordkeeping and retention requirements
  • Handle delays, price adjustments, terminations, and other special issues

Who Should Attend:

  • Government contractor personnel with responsibility for contract administration
  • Anyone on a closeout team who needs to be up-to-date on the rules, regulations, and best practices

What’s Included:

  • Course materials
Some Things to Know About Our Virtual Classes

Important: Technology Requirements

You must have the following:

  • Mic and speakers OR a headset.  For the best audio experience, a headset is preferable.

In addition, for the most successful experience we strongly recommend:

  • Avoid using wireless internet network connections.  Wireless connections are inherently unstable and vulnerable to many factors outside the scope of our control.
  • Close down all major applications during virtual training
  • Recommended minimum bandwidth is 3 Mpbs.
  • You may download and install the Adobe Connect Add-in from below for a better classroom experience: For Windows  users: http://www.adobe.com/go/adobeconnect_9_addin_win For Mac users: http://www.adobe.com/go/adobeconnect_9_addin_mac 

 


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Price: $595
Client Price: $525

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