At the completion of contracted work, compare the results achieved with the contract requirements (and any approved changes). Validate satisfactory achievement of each specified requirement.
Work with the supplier to resolve any remaining variances, successfully completing all needed work. If some portions of the work cannot be completed, determine the consequences in terms or payments, penalties, or other actions.
If early contract termination becomes necessary, because of canceling projects or other circumstances, this should be done using the terms set out in the contract. Document all the work that was completed, and determine the financial and other consequences of early termination.