[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR49]

[Page 915]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 49_TERMINATION OF CONTRACTS--Table of Contents
 
                     Subpart 49.1_General Principles
 
Sec.  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 incurred and (c) no amounts are due the 
Government under the contract.