![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 48 - Federal Acquisition Regulations System |
![]() |
Chapter 14 - Department of the Interior |
![]() |
SubChapter G - Contract Management |
![]() |
Part 1449 - Termination of Contracts |
![]() |
Subpart 1449.4 - Termination for Default |
§ 1449.402-3 - Procedure for default.
Latest version.
-
1449.402-3 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, and, in the case of construction contracts, materials, appliances, and structures that may be on the construction site. 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).