National Institute of Standards and Technology Streamlined Award Closeout Initiative
Closed Special Notice Posted
- Solicitation number
- Closeouts_10222024
- Agency
-
National Institute of Standards and Technology
Department of Commerce
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- Place of performance
- Gaithersburg, Maryland 20899, United States
- Points of contact
Notice details come from SAM.gov. Updated .
About this opportunity
The National Institute of Standards and Technology (NIST), a civilian agency under the U.S. Department of Commerce, has issued a Special Notice regarding a Streamlined Award Closeout Initiative. NIST has a backlog of expired awards, including purchase orders, contracts, task orders, and Blanket Purchase Agreements, that have passed the period of performance or final delivery date and the Federal Acquisition Regulation (FAR)-prescribed timeframe for closeout.
The purpose of this initiative is to efficiently clear this backlog and close out the files for these zero-dollar balance awards. This notice serves as a release of liability for the government on these expired awards, for which NIST is not aware of any outstanding invoices. NIST is taking this action to reduce the burden on its legacy acquisition and financial systems and prepare for the transition to modernized systems. While contractors' rights are still protected under the Contract Disputes Act, and normal FAR file retention requirements will apply, NIST hopes to significantly reduce the backlog of expired awards through this streamlined closeout process.
Notice text
National Institute of Standards and Technology Streamlined Award Closeout Initiative
The U.S. Department of Commerce, National Institute of Standards and Technology (NIST) acquisition portfolio includes expired awards (i.e., purchase orders, contracts, task orders, delivery orders, Blanket Purchase Agreements (BPA’s) and BPA calls that have long past the period of performance or final delivery date of these awards, and the time frame prescribed in Federal Acquisition Regulation (FAR) Subpart 4.8 for closing out the files for those awards has elapsed. To clear the backlog, NIST is implementing a streamline quick process that will enable closeout of the files for those awards in an efficient and cost-effective manner.
The backlog reflected in the attached spread sheet represents awards with zero-dollar balances. The balance represents a significant burden to legacy acquisition and financial systems, but also impedes NIST’s efforts to appropriately archive expired awards and to prepare for transition and migration to modernized financial and procurement systems. By using the process described in this notice, NIST hopes to significantly reduce the backlog of expired awards and enable NIST to expeditiously complete closeout of the associated files.
To facilitate the closeout of the awards identified in the attached spreadsheet, this notice serves as a Release of Liability of the Government; a copy of this notice will be in the contract files to reflect the release of liability.
NIST is not aware of any known outstanding invoices for these awards. If you have any questions, regarding this notice, please forward to Biji John at Biji.John@nist.gov.
Notwithstanding NIST’s intention to expeditiously closeout the award files for the actions identified in the attached spreadsheet, contractor rights are protected under 41 U.S.C. chapter 71 Contract Disputes (commonly known as the Contract Disputes Act of 1978), which establishes procedures for filing claims against Federal Government contracts. Normal FAR Subpart 4.8 contract file retention requirements will apply after the awards are closed.
Files
| File | Type | Posted |
|---|---|---|
| SAM Notice OCT 22 .pdf |
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