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                            49.103 Methods of settlement.
        
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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
Section49.10049.10149.10249.10349.10449.10549.10649.10749.10849.10949.11049.11149.11249.11349.11449.115
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49.103 Methods of settlement.49.103 Methods of settlement.       Settlement of terminated cost-reimbursement contracts and fixed-price contracts terminated for convenience may be effected by (a) negotiated agreement, (b) determination by the TCO, (c) costing-out under vouchers using   SF 1034, Public Voucher for Purchases and Services Other Than Personal, for cost-reimbursement contracts (as prescribed in  subpart  49.3), or (d) a combination of these methods. When possible, the TCO should negotiate a fair and prompt settlement with the contractor. The TCO shall settle a settlement proposal by determination only when it cannot be settled by agreement.    **Parent topic:**  Subpart 49.1 - General Principles
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