[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 916-917]
 
            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.  49.110  Settlement negotiation memorandum.

    (a) The TCO shall, at the conclusion of negotiations, prepare a 
settlement

[[Page 917]]

negotiation memorandum describing the principal elements of the 
settlement for inclusion in the termination case file and for use by 
reviewing authorities. Pricing aspects of the settlement shall be 
documented in accordance with 15.406-3. The memorandum shall be 
distributed in accordance with 15.406-3.
    (b) If the settlement was negotiated on the basis of individual 
items, the TCO shall specify the factors considered for each item. If 
the settlement was negotiated on an overall lump-sum basis, the TCO need 
not evaluate each item or group of items individually, but shall support 
the total amount of the recommended settlement in reasonable detail. The 
memorandum shall include explanations of matters involving differences 
and doubtful questions settled by agreement, and the factors considered. 
The TCO should include any other matters that will assist reviewing 
authorities in understanding the basis for the settlement.

[48 FR 42447, Sept. 19, 1983, as amended at 56 FR 67135, Dec. 27, 1991; 
62 FR 51271, Sept. 30, 1997]