Code of Federal Regulations (Last Updated: April 5, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 1 - Federal Acquisition Regulation |
SubChapter G - Contract Management |
Part 49 - Termination of Contracts |
Subpart 49.2 - Additional Principles for Fixed-Price Contracts Terminated for Convenience |
§ 49.207 - Limitation on settlements.
Latest version.
-
49.207 Limitation on settlements.
The total amount payable to the contractor for a settlement, before deducting disposal or other credits and exclusive of settlement costs, must not exceed the contract price less payments otherwise made or to be made under the contract.