100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Contract Terminations questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating $7.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. Commercial Construction
  4.  
  5. Commercial Construction

Exam (elaborations)

Contract Terminations questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating
 7 views  0 purchase
  • Course
  • Commercial Construction
  • Institution
  • Commercial Construction

Contract Terminations questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating

Preview 1 out of 2  pages

Document information

  • August 5, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

Written for

  • Commercial Construction
  • Commercial Construction

Seller

avatar-seller
AnswersCOM

Reviews received

Content preview

Contract Terminations
-A notice to the contractor that the government is considering a termination for default. -
ANS-What is a Show cause notice?

49 - ANS-Terminations are covered in what FAR Part?

A proposal for effecting settlement of a contract terminated in whole or in part,
submitted by a contractor or subcontractor in the form, and supported by the dated,
required by Part 49 of the FAR - ANS-What is the definition of a Settlement proposal?

a written agreement in the form of a contract modification settling all or a severable
portion of a settlement proposal - ANS-What is the definition of a Settlement agreement
?

Contracting Officers shall terminate contracts only when it is in the best interest of the
government - ANS-What is the Authority and Responsibility for terminating a contract?

Cure notice is required for a termination for default

Must be "10" days left in the contractor period of performance to issue a "cure notice"

If 10 days are not remaining, the "cure notice" would, in effect, extend the period of
performance - ANS-What are the Cure Notice Requirements?

No. When the price of the undelivered balance of the contract is less than $5,000, the
contract should normally not be terminated for convenience but should be permitted to
run to completion - ANS-When the price of the undelivered balance of the contract is
less than $5,000, should should the contract be terminated?

Small Business Administration - ANS-If you are trying to T4D a small business concern,
the contracting officer shall provide a copy of any cure or show cause notice to what
organization?

the exercise of the Government's right to completely or partially terminate a contract
because of the contractor's actual or anticipated failure to perform its contractual
obligations - ANS-What is the definition of Termination for Default?

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller AnswersCOM. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79650 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.99
  • (0)
  Add to cart