Written by a Certified Professional Contracts Manager (CPCM). Finally, a text that helps lead contracts professionals through the confusing maze of federal contract terminations. In addition to explaining contract terminations for convenience & default, this text also covers general principles, contract clauses, management decision-making factors, compensable delays, forbearance, waivers, & legal considerations. Reasons for terminations & procedures for initiating & completing terminations are also examined. "Actual breach" is differentiated from "anticipated breach." In addition, an entire chapter is devoted to subcontract considerations. The book also covers excess reprocurement costs, liquidated damages, & wrongful default termination. Responsibilities for both the contractor & the government contracting officer are outlined. The "hows" & "whys" of organizing a termination conference is outlined in detail, including topics that need to be addressed & responsibilities of both parties to the contract. Samples of a termination notice, a cure notice, a show-cause notice, a subcontract settlement authorization, & a release of excess funds format are given. Developed & written by a Certified Professional Contract Manager (CPCM), this is a valuable reference book for all contract managers. Bibliography, appendixes, & an index are included. Ask about our quantity discounts, & request a FREE National Contract Management Association EducationalProducts Catalogue.

"NCMA, National Contract Management Association"--Front cover.

The purpose of this thesis was to determine the affects of termination for convenience on small businesses and identify any problem areas. Ten base level contractors were interviewed. Opinions and recommendations were recorded from these contractors and from key government officials to derive recommendations to possibly improve the process of government contracting. There was no significant impact on the economic stability of the companies. The authors concluded that the lack of impact was the result of the availability of business from the commercial sector. Problems specific to government contracting include excessive paper work, complicated regulations, poor statements of work, inexperienced engineers, and the lack of authority given to contactors at work sites. Problems limited to termination for convenience include the duplication of work, the non-allowability of overhead costs, a lack of contractors understanding policies and regulations, and the length of time required to settle termination claims. The recommendations suggested by the contractors, government officials and the authors of this thesis include employing more experienced engineers, improving communications between military organizations, simplifying base level contracts, and educating contractors on the policies and procedures governing termination for convenience. Perhaps periodic meetings could be scheduled, attended by government and contractor representatives. Current issues, policies, and problems could be discussed which may improve relations and promote efficient and effective government contracting.