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  • Question

    How do you to closeout a contract with company that no longer exists? Do we need to T4D, issue a COFD or issue a unilateral mod to de-obligate?


    Answer

    If you can make a reasonable determination the company was not purchased by another company and there is no successor in interest to its contracts, then a contracting officer final determination to that effect and a unilateral modification to deobligate any remaining funds should provide closure. You may want to consult with your activity's legal counsel for more authoritative guidance.

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