Code of Federal Regulations · Section
§ 49.109-4 — 49.109-4 No-cost Settlement
48 C.F.R. § 49.109-4
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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 incurred and (c) no amounts are due the Government under the contract.
Authorizing Statute
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Administrative40 U.S.C. § 121
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Chapter 137 legacy provisions10 U.S.C. § 3016
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Powers of the Administration in performance of functions51 U.S.C. § 20113