Terminating Contracts

Management Concepts

How long?

  • 3 days
  • online, in person

Management Concepts

Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.

We are happy to help you find a suitable online alternative.

Who should attend

This course is designed for contracting and program personnel who may have a role in contract termination.

About the course

Contracting and program personnel need to have a fundamental understanding of practical considerations involved in a termination decision when faced with changing requirements or a problematic contract. You will learn statutory and contractual government rights, contractor rights and obligations, and the steps involved in executing a termination. You will gain the knowledge to determine when a contract must be terminated and how.

Learning Objectives

  • Explain when a contract should be terminated
  • Describe the government’s statutory and contractual rights with respect to terminations
  • Discuss the contractor’s rights and obligations
  • List the procedural steps in terminating a contract

Course Topics

General Principles of Contract Termination

  • Legal History
  • Reasons for Termination
  • Differences in Termination Types
  • Exercise: A Quick Termination

Termination for the Convenience of the Government

  • Government’s Right to Terminate for its Convenience
  • Termination for Convenience Clauses
  • General Procedures
  • Notice of Termination
  • Duties of Prime Contractor after Receipt of Notice of Termination
  • Duties of Termination Contracting Officer after Issuance of Notice of Termination
  • Constructive Termination for Convenience
  • Case Studies

Termination Due To Inadequate Contractor Performance

  • Default vs. Cause
  • Principles of Termination Due to Inadequate Contractor Performance
  • The Decision to Terminate
  • Actions Prior to the Notice of Termination
  • Substantial Completion/Compliance
  • Procedures for Termination
  • Exercises and Case Studies

Termination Settlements

  • Settlement Proposals
  • Termination Settlement Methods and Principles
  • Subcontract Settlement
  • Preparing the Settlement Agreement
  • Payments
  • Termination Inventory
  • Exercise and Case Studies

Terminating Contracts at Management Concepts

From  $929

Something went wrong. We're trying to fix this error.

Thank you for your application

We will contact the provider to ensure that seats are available and, if there is an admissions process, that you satisfy any requirements or prerequisites.

We may ask you for additional information.

To finalize your enrollment we will be in touch shortly.

Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.