Closing out old contracts can be, and usually is, extremely time consuming for both the Government and contractors. Currently, contracting officers must have a complete history of contract and payment records in order to closeout a contract. Given that many contracts being closed these days are more than 10 years old, much of the information needed to close is difficult to find and in some cases, has been destroyed. A new class deviation however, will permit DoD to close out certain older contracts that no longer have the requisite documentation needed under the current closeout procedures.
Source: PNWC’s Government Contracting Update: Special Closeout Authority for Old Contracts
New Regulation Formalizes Ombudsman Practice and Identity for IDIQ Contracts
An ‘ombudsman’ is an official charged with addressing and/or investigating the interests of individuals’ or companies’
