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PGI 204.804-70: Contract clause.

PGI › Part 204 › PGI 204.804-70

This PGI section supplements: DFARS 204.804-70 · FAR 4.804-70
The corresponding FAR Part 4 and DFARS Part 204 have been overhauled under the RFO. PGI replacement text is provided in the RFO deviation attachment. View FAR Part 4

Current Content

Use the clause at 252.204-7022, Expediting Contract Closeout, in solicitations and contracts, including solicitations and contracts using FAR part 12 procedures for the acquisition of commercial products and commercial services, when the contracting officer intends to expedite contract closeout through the mutual waiver of entitlement to a residual dollar amount of $1,000 or less determined at the time of contract closeout.

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