SpendQueryBeta

FAR and DFARS › DFARS Part 204: Administrative and Information Matters › Subpart 204.8

DFARS 204.804-70 Contract clause.

The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.

In plain English

This section tells contracting officers to include the clause at 252.204-7022, Expediting Contract Closeout, in solicitations and contracts when they plan to speed up closeout by mutually waiving small residual amounts. It applies to solicitations and contracts, including those for commercial products and commercial services under FAR part 12. It matters because it signals that a contract may be closed out faster if both parties agree to waive a residual dollar amount of $1,000 or less.

Applies to: Contracting officers issuing solicitations and contracts, including FAR part 12 commercial acquisitions

What it requires

  • Use the clause at 252.204-7022, Expediting Contract Closeout, in solicitations and contracts when the contracting officer intends to expedite contract closeout through the mutual waiver of entitlement to a residual dollar amount of $1,000 or less determined at the time of contract closeout.

Key terms: 252.204-7022 · Expediting Contract Closeout · residual dollar amount · mutual waiver · FAR part 12

Written by AI from this section's text. A guide, not legal advice: the text below rules.

The text

Use the clause at 252.204-7022, Expediting Contract Closeout, in solicitations and contracts, including solicitations and contracts using FAR part 12 procedures for the acquisition of commercial products and commercial services, when the contracting officer intends to expedite contract closeout through the mutual waiver of entitlement to a residual dollar amount of $1,000 or less determined at the time of contract closeout.

Sections it refers to

Sections that refer to it

  • 212.301 Solicitation provisions and contract clauses for the acquisition of commercial products and commercial services.
  • 252.204-7022 Expediting Contract Closeout.

← 204.804 Closeout of contract files. · 204.805 Disposal of contract files. →

Rule changes for DFARS Part 204

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.

DFARS 204.804-70 Contract clause · SpendQuery