Termination financing.
FederalRegulations
Ask Donna
How this section applies to your facts.
Title 48 CFR: Federal Acquisition Regulations System › Chapter 1 › Part 32 › Subpart 32.1 › § 32.109: Termination financing.
Text
To encourage contractors to invest their own funds in performance despite the susceptibility of the contract to termination for the convenience of the Government, the contract financing procedures under this part may be applied to the financing of terminations either in connection with or independently of financing for contract performance (see 49.112-1).
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.