Federal Acquisition Regulation
Scope of subpart
FAR 49.100
(a) This subpart deals with- (1) The authority and responsibility of contracting officers to terminate contracts in whole or in part for the convenience of the Government or for default; (2) Duties of the contractor and the contracting officer after issuance of the notice of termination; (3) General procedures for the settlement of terminated contracts; and (4) Settlement agreements. (b) Additional principles applicable to the termination for convenience and settlement of fixed-price and cost-reimbursement contracts are included in subparts Additional Principles for Fixed-Price Contracts Terminated for Convenience (FAR 49.2) and Additional Principles for Cost-Reimbursement Contracts Terminated for Convenience (FAR 49.3) . Additional principles applicable to the termination of contracts for default are included in subpart Termination for Default (FAR 49.4) .