48 CFR § 49.103 - 49.103 Methods of settlement.
---
identifier: "/us/cfr/t48/s49.103"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 49.103 - 49.103 Methods of settlement."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "49.103"
section_name: "49.103 Methods of settlement."
chapter_number: 1
chapter_name: "FEDERAL ACQUISITION REGULATION"
subchapter_number: "G"
subchapter_name: "CONTRACT MANAGEMENT"
part_number: "49"
part_name: "TERMINATION OF CONTRACTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113."
regulatory_source: "48 FR 42447, Sept. 19, 1983, unless otherwise noted."
cfr_part: "49"
---
# 49.103 49.103 Methods of settlement.
Settlement of terminated cost-reimbursement contracts and fixed-price contracts terminated for convenience may be effected by (a) negotiated agreement, (b) determination by the TCO, (c) costing-out under vouchers using SF 1034, Public Voucher for Purchases and Services Other Than Personal, for cost-reimbursement contracts (as prescribed in subpart 49.3), or (d) a combination of these methods. When possible, the TCO should negotiate a fair and prompt settlement with the contractor. The TCO shall settle a settlement proposal by determination only when it cannot be settled by agreement.