United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 1996_register executive 2010-09-24 article Part II Rules and Regulations D09002ee1be03ed03 D09002ee1be03ee5b United States Department of Defense originator org United States Government Agency or Subagency United States General Services Administration originator org United States Government Agency or Subagency United States National Aeronautics and Space Administration originator org United States Government Agency or Subagency The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council have agreed on a final rule amending the Federal Acquisition Regulation (FAR) concerning termination of contracts to preclude excessive delays in processing terminations for the convenience of the Government. The amendments will require contractors to prepare and submit termination inventory schedules within 120 days from the effective date of termination, unless otherwise extended by the Termination Contracting Officer (TCO). This will enable the TCO to initiate early inventory screening and final disposition, thereby substantially reducing the time required to achieve termination settlement. This regulatory action was not subject to Office of Management and Budget review under Executive Order 12866, dated September 30, 1993, and is not a major rule under 5 U.S.C. 804. 61 FR 39221 https://www.govinfo.gov/app/details/FR-1996-07-26/96-18512 96-18512 fr26jy96-38 RIN 9000-AG13 6820-EP-P FAC 90-40 FAR Case 94-003 Item XV https://www.govinfo.gov/app/details/FR-1996-07-26/96-18512 https://www.govinfo.gov/content/pkg/FR-1996-07-26/html/96-18512.htm https://www.govinfo.gov/content/pkg/FR-1996-07-26/pdf/96-18512.pdf 4 p. 39221 39224 61 FR 39221 Title 48 Part 49 48 CFR Part 49 Title 48 Part 52 48 CFR Part 52 RIN 9000-AG13 Federal Acquisition Regulation; Termination Inventory Schedules; Federal Register Vol. 61, Issue RULE 96-18512 II DEPARTMENT OF DEFENSE GENERAL SERVICES ADMINISTRATION NATIONAL AERONAUTICS AND SPACE ADMINISTRATION FAC 90-40 FAR Case 94-003 Item XV 6820-EP-P 96-18512 Final rule.

The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council have agreed on a final rule amending the Federal Acquisition Regulation (FAR) concerning termination of contracts to preclude excessive delays in processing terminations for the convenience of the Government. The amendments will require contractors to prepare and submit termination inventory schedules within 120 days from the effective date of termination, unless otherwise extended by the Termination Contracting Officer (TCO). This will enable the TCO to initiate early inventory screening and final disposition, thereby substantially reducing the time required to achieve termination settlement. This regulatory action was not subject to Office of Management and Budget review under Executive Order 12866, dated September 30, 1993, and is not a major rule under 5 U.S.C. 804.

September 24, 1996. Ms. Linda Klein at (202) 501-3775 in reference to this FAR case. For general information, contact the FAR Secretariat, Room 4037, GS Building, Washington, DC 20405 (202) 501- 4755. Please cite FAC 90-40, FAR case 94-003. Vol. 61, no. 145 Office of the Federal Register, National Archives and Records Administration 1996-07-26 continuing daily deposited born digital 240 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-1996-07-26 P0b002ee180a2fde5 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr26jy96 https://www.govinfo.gov/app/details/FR-1996-07-26 https://www.govinfo.gov/content/pkg/FR-1996-07-26/pdf/FR-1996-07-26.pdf fdlp 39039 39266 DGPO 2010-09-24 2023-05-06 FR-1996-07-26 machine generated eng FR FR-1996-07-26 61 145