This new course will teach participants the important procedures you should know to follow through with the post-completion phase of a government contract. Students will learn how the contract closeout process does not start at the end of the contract, but actually starts in the acquisition phase and continues throughout the life of the contract. Participants will learn how to develop and follow a process that makes the final closeout more efficient and effective.

Practical, group exercises will be a special feature of this two-day workshop as participants will identify closeout issues of particular concern. Participants will learn how to develop a best practices worksheet and check list that they can use on the job.

This workshop will cover subjects from FAR & DFAR guidance for closing contracts by type of contract. One contract closeout process does not fit all. This course will cover a range of subjects that will arm you with the knowledge necessary to craft the right process for your particular contract.

Our expert instructors will begin by addressing why efficient closeout is important to both the Government and the Contractor, how closeout affects the Government’s overall acquisition strategy, how closeout is affected by the choice of contract type, and how proper file documentation and management can facilitate closeout actions. Efficient contract management procedures established upfront will make closeout much easier.

The course will also include pointers for navigating a successful closeout audit, discussion of alternative contract termination scenarios, and the impact of the new FAR Compliance requirements on closeout. Finally, our instructors will cover techniques for simplifying closeout, using Early and Quick Closeout as well as Final Closure.