Skip to Content
Acquisition Management
book

Acquisition Management

by R. M. Engelbeck
September 2001
Intermediate to advanced
442 pages
13h 39m
English
Berrett-Koehler Publishers
Content preview from Acquisition Management

CHAPTER8

Contract Closeout

Contract closeout is defined as “the process of settling all outstanding contractual issues to ensure that each party has met all of its obligations and documenting the contract file accordingly.”1 The primary objectives of contract closeout include the:

• Identification and resolution of uncompleted obligations or pending liabilities on the part of either party. This includes the final audit and the negotiation of the final overhead rates and the price (for fixed-price contracts) or cost and fee (for cost-type contracts). For the government this action will probably result in the recouping of unobligated funds remaining on the contract and applying the unspent balances to other approved programs. The contractor also ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Profit from Procurement

Profit from Procurement

Alex Klein, Simon Whatson, Jose Oliveira

Publisher Resources

ISBN: 9781523096121