FAR 49.304-1 General
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 49.304-1
- Type
- Subsection
- Proposed changes
- 1
- Text as of
- FAC 2026-01
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this subsection.
Text
(a) In a partial termination, the TCO shall limit the settlement to an adjustment of the fee, if any, and with the concurrence of the contracting office to a reduction in the estimated cost. The TCO shall adjust the fee as provided in 49.304-2 and 49.305, unless-
(1) The terminated portion is clearly severable from the balance of the contract; or
(2) Performance of the contract is virtually complete, or performance of any continued portion is only on subsidiary items or spare parts, or is otherwise not substantial.
(b) In the case of the exceptions in paragraph (a), the procedures in 49.302 and 49.303 apply.
Proposed changes
| Proposed rule | Published | Comments |
|---|---|---|
| Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 3 and 49 | Closed Jul 23, 2026No final rule found |
Sections cited
- FAR 49.304-2 Submission of settlement proposal (fee only)
- FAR 49.305 Adjustment of fee
- FAR 49.302 Discontinuance of vouchers
- FAR 49.303 Procedure after discontinuing vouchers
Quick answers
What is FAR 49.304-1?
FAR 49.304-1 is a subsection of the Federal Acquisition Regulation, titled "General".
Are changes to FAR 49.304-1 proposed?
One proposed change has no final rule yet.
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