Operating Status
FULLY OPERATIONAL
OPERATING STATUS
Yes. Generally speaking, if an action is not specifically prohibited (e.g., by the FAR, DoD FMR, policy letter); if it makes good business sense; and if it protects the rights of all parties, then it's likely permitted. Subsequent information revealed that this contract was not yet administratively closed, so I see no reason that the Incurred Cost Estimate cannot be corrected.
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