SpendQueryBeta

48 CFR · Federal Acquisition Regulation and Defense supplement

FAR and DFARS navigator

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.

Ask the FAR

Try: · · ·

Clear

83 sections with “Settlement agreement”: the first 40

  • FAR 49.603-6 No-cost settlement agreement—complete termination.
    [Insert the following in Block 14 of SF 30 if a no-cost settlement agreement, under a complete termination, is to be executed.] (a) This supplemental agreement __________ [insert “modifies the contract to reflect a no-cost settlement agree…
  • FAR 49.603-7 No-cost settlement agreement—partial termination.
    [Insert the following in Block 14 of SF 30 if a no-cost settlement agreement, under a partial termination, is to be executed.] (a) This supplemental agreement modifies the contract to reflect a no-cost settlement agreement with respect to …
  • FAR 49.602-5 Settlement agreement.
    …0 (SF 30), Amendment of Solicitation/Modification of Contract, shall be used to execute a settlement agreement (see 49.109-1).
  • FAR 49.603 Formats for termination for convenience settlement agreements.
    The formats to be used for termination for convenience settlement agreements should be substantially as shown in this section (see 49.109). Termination contracting officers (TCO's) may, however, modify the contents of these agreements to co…
  • FAR 49.109 Settlement agreements.
  • DFARS 249.109 Settlement agreements.
  • FAR 49.109-6 Joint settlement of two or more settlement proposals.
    … the contractor, the TCO or TCO's concerned may negotiate jointly two or more termination settlement proposals of the same contractor under different contracts, even though the contracts are with different contracting offices or agencies. I…
  • FAR 49.109-7 Settlement by determination.
    (a) General. If the contractor and TCO cannot agree on a termination settlement, or if a settlement proposal is not submitted within the period required by the termination clause, the TCO shall issue a determination of the amount due consis…
  • FAR 49.115 Settlement of terminated incentive contracts.
    …(1) Partial termination. Under a partially terminated contract, the TCO shall negotiate a settlement as provided in the termination clause of the contract, and paragraph (j) of the clause at 52.216-16, Incentive Price Revision—Firm Target, …
  • FAR 49.303-5 Final settlement.
    (a) The TCO shall proceed with the settlement and execution of a settlement agreement upon receipt of the audit report, if applicable, and the contract audit closing statement covering vouchered costs. (b) The TCO shall adjust the fee as p…
  • FAR 49.603-3 Cost-reimbursement contracts—complete termination, if settlement includes cost.
    [Insert the following in Block 14 of SF 30 for settlement of cost-reimbursement contracts that are completely terminated, if settlement includes costs.] (a) This supplemental agreement settles the settlement proposal resulting from the Not…
  • FAR 49.603-4 Cost-reimbursement contracts—complete termination, with settlement limited to fee.
    [Insert the following in Block 14 of SF 30 for settlement of cost-reimbursement contracts that are completely terminated, if settlement is limited to fee.] (a) This supplemental agreement settles the amount of fee due under the contract, t…
  • FAR 49.109-5 Partial settlements.
    …y continued portion of the contract. Generally, the TCO shall not attempt to make partial settlements covering particular items of the prime contractor's settlement proposal. However, when a TCO cannot promptly complete settlement under the…
  • FAR 49.110 Settlement negotiation memorandum.
    (a) The TCO shall, at the conclusion of negotiations, prepare a settlement negotiation memorandum describing the principal elements of the settlement for inclusion in the termination case file and for use by reviewing authorities. Pricing a…
  • FAR 49.603-8 Fixed-price contracts—settlements with subcontractors only.
    [Insert the following in Block 14 of SF 30 for settlements of fixed-price contracts covering only settlements with subcontractors.] (a) This agreement settles that portion of the settlement proposal of the Contractor that is based upon ter…
  • FAR 48.104-4 Sharing alternative—no-cost settlement method.
    …t interest. Contracting officers should balance the administrative costs of negotiating a settlement against the anticipated savings. A no-cost settlement may be used if, in the contracting officer's judgment, reliance on other VECP approac…
  • FAR 49.001 Definitions.
    …lant clearance period means that period after receipt of acceptable inventory schedules. Settlement agreement means a written agreement in the form of a contract modification settling all or a severable portion of a settlement proposal. S…
  • FAR 49.101 Authorities and responsibilities.
    …acting officers to terminate contracts for convenience, or for default, and to enter into settlement agreements under this regulation. (b) The contracting officer shall terminate contracts, whether for default or convenience, only when it …
  • FAR 49.105 Duties of termination contracting officer after issuance of notice of termination.
    … the TCO shall— (1) Direct the action required of the prime contractor; (2) Examine the settlement proposal of the prime contractor and, when appropriate, the settlement proposals of subcontractors; (3) Promptly negotiate settlement with…
  • FAR 49.109-1 General.
    When a termination settlement has been negotiated and all required reviews have been obtained, the contractor and the TCO shall execute a settlement agreement on Standard Form 30 (Amendment of Solicitation/Modification of Contract) (see 49.…
  • FAR 49.109-2 Reservations.
    (a) The TCO shall— (1) Reserve in the settlement agreement any rights or demands of the parties that are excepted from the settlement; (2) Ensure that the wording of the reservation does not create any rights for the parties beyond those …
  • FAR 49.112-2 Final payment.
    (a) Negotiated settlement. After execution of a settlement agreement, the contractor shall submit a voucher or invoice showing the amount agreed upon, less any portion previously paid. The TCO shall attach a copy of the settlement agreement…
  • FAR 49.202 Profit.
    …and work done by the contractor for the terminated portion of the contract but not on the settlement expenses. Anticipatory profits and consequential damages shall not be allowed (but see 49.108-5). Profit for the contractor's efforts in se…
  • FAR 49.603-1 Fixed-price contracts—complete termination.
    [Insert the following in Block 14 of SF 30 for settlements of fixed-price contracts completely terminated.] (a) This supplemental agreement settles the settlement proposal resulting from the Notice of Termination dated ____________________…
  • FAR 49.603-2 Fixed-price contracts—partial termination.
    [Insert the following in Block 14 of SF 30 for settlements of fixed-price contracts partially terminated.] (a) This supplemental agreement settles the settlement proposal resulting from the Notice of Termination dated __________________. …
  • DFARS 249.7000 Terminated contracts with Canadian Commercial Corporation.
    …acting officers shall ensure that the Canadian Commercial Corporation submits termination settlement proposals in the format prescribed in FAR 49.602 and that they contain the amount of settlements with subcontractors. The termination contr…
  • FAR 49.103 Methods of settlement.
    Settlement of terminated cost-reimbursement contracts and fixed-price contracts terminated for convenience may be effected by (a) negotiated agreement, (b) determination by the TCO, (c) costing-out under vouchers using SF 1034, Public Vouch…
  • FAR 49.109-4 No-cost settlement.
    The TCO shall execute a no-cost settlement agreement (see 49.603-6 or 49.603-7, as applicable) if (a) the contractor has not incurred costs for the terminated portion of the contract or (b) the contractor is willing to waive the costs incur…
  • FAR 49.603-9 Settlement of reservations.
    [Insert the following in Block 14 of SF 30 for settlement of reservations.] (a) Supplemental Agreement No. ________, dated ________, was executed to reflect the settlement of the termination of this contract. The supplemental agreement exc…
  • DFARS 227.7009 Patent releases, license agreements, and assignments.
    This section contains clauses for use in patent release and settlement agreements, license agreements, and assignments, executed by the Government, under which the Government acquires rights. Minor modifications of language (e.g., pluraliza…
  • FAR 32.904 Determining payment due dates.
    …vices performed. (A) For a final invoice, when the payment amount is subject to contract settlement actions, acceptance is deemed to occur on the effective date of the contract settlement. (B) For the sole purpose of computing an interest…
  • FAR 49.100 Scope of subpart.
    …ting officer after issuance of the notice of termination; (3) General procedures for the settlement of terminated contracts; and (4) Settlement agreements. (b) Additional principles applicable to the termination for convenience and settl…
  • FAR 49.601-2 Letter notice.
    …ect to the exceptions in subparagraph (1) above; (iv) Provide instructions to submit any settlement proposal promptly; and (v) Request that similar notices and instructions be given to its immediate subcontractors. (4) Notify the Contrac…
  • FAR 52.249-2 Termination for Convenience of the Government (Fixed-Price).
    …ed, in which case the Government shall have the right to settle or to pay any termination settlement proposal arising out of those terminations. (5) With approval or ratification to the extent required by the Contracting Officer, settle al…
  • FAR 52.249-3 Termination for Convenience of the Government (Dismantling, Demolition, or Removal of Improvements).
    …ed, in which case the Government shall have the right to settle or to pay any termination settlement proposal arising out of those terminations. (5) With approval or ratification to the extent required by the Contracting Officer, settle al…
  • FAR 52.249-6 Termination (Cost-Reimbursement).
    …ed, in which case the Government shall have the right to settle or to pay any termination settlement proposal arising out of those terminations. (5) With approval or ratification to the extent required by the Contracting Officer, settle al…
  • DFARS 227.7006 Investigation and administrative disposition of claims.
    An investigation and administrative determination (denial or settlement) of each claim shall be made in accordance with instructions and procedures established by each Department, subject to the following: (a) When the procurement responsi…
  • FAR 35.017-1 Sponsoring agreements.
    …sions for the orderly termination or nonrenewal of the agreement, disposal of assets, and settlement of liabilities. The responsibility for capitalization of an FFRDC must be defined in such a manner that ownership of assets may be readily …
  • FAR 49.108-7 Government assistance in settling subcontracts.
    …t it is in the Government's interest to provide assistance to the prime contractor in the settlement of a particular subcontract. In these situations, the Government, the prime contractor, and a subcontractor may enter into an agreement cov…
  • FAR 49.109-3 Government property.
    Before execution of a settlement agreement, the TCO shall determine the accuracy of the Government property account for the terminated contract. If an audit discloses property for which the contractor cannot account, the TCO shall reserve i…

FAR (chapter 1)

DFARS (chapter 2, Defense)

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Rule changes in progress: FAR, DFARS. Terms: glossary.