Publication:
DoD Contract Termination Liability: An Analysis of Special Termination Cost Clause (STCC)

dc.contributor.authorRendon, Rene G.
dc.contributor.authorMutty, John
dc.contributor.corporateAcquisition Management (AM)
dc.contributor.corporateAcquisition Research Program (ARP)
dc.contributor.departmentAcquisition Management
dc.date01-Apr-07
dc.date.accessioned2013-05-08T21:13:30Z
dc.date.available2013-05-08T21:13:30Z
dc.date.issued2007-04-01
dc.descriptionProceedings Paper (for Acquisition Research Program)en_US
dc.description.abstractThe specific purpose of the research was to review current policies, practices, and procedures for funding and managing Contract Termination Liability within the Department of Defense (DoD). The research proposes alternative approaches for improving the DoD''s ability to manage Contract Termination Liability and discusses the resulting effect of each alternative on defense acquisition practices. First, we provide a brief review of regulatory and policy guidance on Contract Termination Liability as reflected in the Federal Acquisition Regulation (FAR) and the Financial Management Regulations (FMR). We then discuss the current practices and procedures for funding and managing Contract Termination Liability. Next, we present program management challenges and observations and findings based on our research of current Contract Termination Liability policies and real-world practices. A discussion of alternative approaches to funding Contract Termination Liability is then presented, including the use of Special Termination Cost Clauses (STCC). Finally, this research concludes with a summary and recommendations on how the DoD could improve the policies and practices for managing Contract Termination Liability.en_US
dc.description.distributionstatementApproved for public release; distribution is unlimited.
dc.description.sponsorshipNaval Postgraduate School Acquisition Research Programen_US
dc.identifier.npsreportNPS-AM-07-025
dc.identifier.urihttps://hdl.handle.net/10945/33179
dc.relation.ispartofseriesAcquisition Research Symposium
dc.subject.authorContract Disputes, Protestsen_US
dc.subject.authorContract Termination Liability, Special Termination Cost Clauses (STCC), Federal Acquisition Regulation (FAR)en_US
dc.titleDoD Contract Termination Liability: An Analysis of Special Termination Cost Clause (STCC)en_US
dc.typeTechnical Reporten_US
dspace.entity.typePublication
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