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                            AGAR
                            PART 449 - TERMINATION OF CONTRACTS
        
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AGARPart Number: 449
        
                  

                                
                  
        Agriculture Acquisition Regulation
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PART 449 - TERMINATION OF CONTRACTS       Authority:                            5 U.S.C. 301 and 40 U.S.C. 486(c).          Source:                            61 FR 53646, Oct. 15, 1996, unless otherwise noted.                                       Subpart 449.1 - General Principles                                                         449.106 Fraud or other criminal conduct.                                                            449.111 Review of proposed settlements.                                                                             Subpart 449.4 - Termination for Default                                                         449.402 Termination of fixed-price contracts for default.                                                            449.402-3 Procedure for default.                                                                             Subpart 449.5 - Contract Termination Clauses                                                         449.501 General.    **Parent topic:**  SUBCHAPTER G - CONTRACT MANAGEMENTSubpart 449.1 - General Principles    449.106 Fraud or other criminal conduct.       (a) If the contracting officer suspects fraud or other criminal conduct a written report documenting the facts shall be submitted by the head of the contracting activity (HCA) to the Office of Inspector General. Copies of documents or other information connected with the suspected fraud or criminal conduct shall be provided with the report. Concurrently, a copy of the report shall also be submitted to the Senior Procurement Executive.          (b) Depending on the findings of the Office of Inspector General, the HCA may initiate suspension or debarment action as prescribed in FAR 9.4 and  409.4.449.111 Review of proposed settlements.       Proposed settlement agreements shall be reviewed and approved in accordance with contracting activity procedures.Subpart 449.4 - Termination for Default    449.402 Termination of fixed-price contracts for default.449.402-3 Procedure for default.       In addition to the requirements of FAR 49.402-3(g), the notice of termination shall contain instructions regarding the disposition of any Government property in the possession of the contractor (see FAR 45.508-1) and, in the case of construction contracts, such materials, appliances, and structures as may be on the site of the construction work. The notice shall also contain a statement concerning the liability of the contractor or its surety for any liquidated damages (see FAR 49.402-7).Subpart 449.5 - Contract Termination Clauses    449.501 General.       Use of special purpose termination clauses pursuant to the authority of FAR 49.501 shall be approved in advance by the HCA.
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