What is involved in SDVOSB contract closeout?
Contract closeout involves: submitting final invoices, completing all deliverables, receiving final CPARS ratings, resolving any open modifications, returning government-furnished equipment (GFE), completing any required data rights assertions, and filing final subcontracting reports. The contracting officer issues a final contract modification when closeout is complete. Closeout can take months to years after contract performance ends.
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