Webinar Recording
Getting a Handle on Contract Closeouts
June 27, 2018
True or False: A government contract is complete once you’ve made final delivery of your required goods and services and the Government has made its acceptance.
Answer: False. In order to be truly complete, government contracts are required to be closed officially in accordance with FAR 4.804-1(a), Closeout of Contract Files, and FAR 4.804-5, Procedures for Closing Out Contract Files.