PNWC's Government Contracting Update

Audit Threshold for Terminations to Increase from $100 Thousand to $750 Thousand

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Termination settlement proposals have always had a low threshold for audit. It currently sits at $100,000 meaning that contracting officers are required by regulation to request an audit of any termination settlement proposal that exceeds $100,000. That is about to change.

Source: PNWC’s Government Contracting Update: Audit Threshold for Terminations to Increase from $100 Thousand to $750 Thousand

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