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17 th Training Wing

17 th Training Wing. Train and deploy the world’s foremost combat ready Intelligence, Fire Protection, and Special Instruments Soldiers, Marines, Sailors, and Airmen that will be persuasive in peace, decisive in war, and preeminent in any form of combat. Contract Closeout.

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17 th Training Wing

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  1. 17th Training Wing Train and deploy the world’s foremost combat ready Intelligence, Fire Protection, and Special Instruments Soldiers, Marines, Sailors, and Airmen that will be persuasive in peace, decisive in war, and preeminent in any form of combat Contract Closeout I n t e g r i t y - S e r v i c e - E x c e l l e n c e

  2. Contract Closeout • Overview • Guidance • Timelines • Forms • Procedures • Staging • PD Overview • Conclusion

  3. Contract Closeout Guidance FAR Part 4.804 DFARS Part 204.804 DFARS Part 204.805 AFMAN 37-139, Table 64-1 AFSPC 64-4 Checklist Item: 8.79

  4. Contract Closeout • Timelines • Contracts using SAP - Considered closed when the CO receives evidence of receipt of property and final payment. • Firm-fixed-price contracts - other than those using SAP - should be closed within 6 months after the date on which the CO receives evidence of physical completion. • Contracts requiring settlement of indirect cost rates - should be closed within 36 months of the month in which the CO receives evidence of physical completion. • All other contracts - Should be closed within 20 months of the month in which the CO receives evidence of physical completion.

  5. Contract Closeout • Forms • Contract Security Classification Specification, DoD • DD 254 • DD 1593 • DD1594 • DD1597 • Contract Administration Completion Record • Contract Completion Statement • Contract Closeout Check-List

  6. Contract Closeout • Procedures • Disposition of Classified material • Final patent report is cleared • Final royalty report is cleared • There is no outstanding value engineering change • proposal • Paint clearance report is received • Property clearance is received

  7. Contract Closeout • Procedures (Cont.) • All interim or disallowed costs are settled • Subcontracts are settled by the prime contractor • Prior year indirect cost rates are settled • Termination docket is completed • Contract audit is completed • Contractor’s final invoice has been submitted • Contract funds review is completed and excess funds deobligated

  8. Contract Closeout • Procedures (Cont.) • When checklist has been verified • Contracting Officer shall: • Ensure that a contract completion statement is prepared with the following information: • Contracting office/address • Contract number • Last modification number • Last call/order number • Contractor name/address

  9. Contract Closeout • Procedures (Cont.) • Dollar amount of excess funds, if any • Voucher number and date, if final payment has been made • Invoice number and date (If status of payment is unknown) • Statement that all required contract administration actions have been fully accomplished • Name and signature of the Contracting Officer • Date

  10. Contract Closeout • Staging • 1 year • 6 years, 3 months 3 years • 6 years, 3 months 3 years • 5 years after cancellation

  11. Contract Closeout • PD Overview

  12. Contract Closeout • PD Overview

  13. Contract Closeout • PD Overview

  14. Contract Closeout • PD Overview

  15. Contract Closeout • PD Overview

  16. Contract Closeout • PD Overview

  17. Contract Closeout • PD Overview

  18. Contract Closeout • PD Overview

  19. Contract Closeout • PD Overview

  20. Contract Closeout • PD Overview

  21. Contract Closeout • PD Overview

  22. Contract Closeout • Conclusion • Guidance • Timelines • Forms • Procedures • Staging • PD Overview • Conclusion

  23. Contract Closeout QUESTIONS???

  24. Train and deploy the world’s foremost combat ready Intelligence, Fire Protection, and Special Instruments Soldiers, Marines, Sailors, and Airmen that will be persuasive in peace, decisive in war, and preeminent in any form of combat I n t e g r i t y - S e r v i c e - E x c e l l e n c e

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