Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 1 - Federal Acquisition Regulation |
SubChapter G - Contract Management |
Part 49 - Termination of Contracts |
Subpart 49.4 - Termination for Default |
§ 49.402-5 - Memorandum by the contracting officer.
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49.402-5 Memorandum by the contracting officer.
When a contract is terminated for default or a procedure authorized by 49.402-4 is followed, the contracting officer shall prepare a memorandum for the contract file explaining the reasons for the action taken.