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                            49.602-1 Termination settlement proposal forms.
        
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FAC Number: 2024-03 Effective Date: 02/23/2024
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Subpart49.049.149.249.349.449.549.6
Section49.60149.60249.60349.60449.60549.60649.607
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49.602-1 Termination settlement proposal forms.49.602-1 Termination settlement proposal forms.       (a)                     Standard Form 1435, Settlement Proposal (Inventory Basis), shall be used to submit settlement proposals resulting from the termination of fixed-price contracts if the proposals are computed on an inventory basis (see  49.206-2(a)).                                          (b)                     Standard Form 1436, Settlement Proposal (Total Cost Basis), shall be used to submit settlement proposals resulting from the termination of fixed-price contracts if the proposals are computed on a total cost basis (see  49.206-2(b)).                                          (c)                     Standard Form 1437, Settlement Proposal for Cost- Reimbursement Type Contracts, shall be used to submit settlement proposals resulting from the termination of cost-reimbursement contracts (see  49.302).                                          (d)                     Standard Form 1438, Settlement Proposal (Short Form), shall be used to submit settlement proposals resulting from the termination of fixed-price contracts if the total proposal is less than $10,000 (see  49.206-1(d)).    **Parent topic:**  49.602 Forms for settlement of terminated contracts.
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