48 CFR § 1449.402-3 - 1449.402-3 Procedure for default.
---
identifier: "/us/cfr/t48/s1449.402-3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 1449.402-3 - 1449.402-3 Procedure for default."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "1449.402-3"
section_name: "1449.402-3 Procedure for default."
chapter_number: 14
chapter_name: "DEPARTMENT OF THE INTERIOR"
subchapter_number: "G"
subchapter_name: "CONTRACT MANAGEMENT"
part_number: "1449"
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: "Sec. 205(c), 63 Stat. 390, 40 U.S.C. 486(c); and 5 U.S.C. 301."
regulatory_source: "75 FR 19829, Apr. 15, 2010, unless otherwise noted."
cfr_part: "1449"
---
# 1449.402-3 1449.402-3 Procedure for default.
In addition to the requirements of FAR 49.402-3(g), the notice of termination shall contain instructions regarding the disposition of any Government property in the possession of the contractor, and, in the case of construction contracts, materials, appliances, and structures that may be on the construction site. The notice shall also contain a statement concerning the liability of the contractor or its surety for any liquidated damages (*See* FAR 49.402-7).