Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 29 - Department of Labor |
SubChapter G - Contract Management |
Part 2949 - TERMINATION OF CONTRACTS |
Subpart 2949.1 - General Principles |
§ 2949.111 - Review of proposed settlements.
Latest version.
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All proposed settlement agreements shall be reviewed by the Office of the Solicitor and approved at a level higher than the contracting officer in accordance with DOL Agency procedures. Settlement agreements of $50,000 or more shall be approved by the Head of the Contracting Activity.