Common use of Closeout Process Clause in Contracts

Closeout Process. The Performer shall comply and assist with the contract/agreement closeout process as determined by the Agreements Officer. After the period of performance is completed, the AO shall verify that all work under the agreement has been completed. Once the contract is completed, the AO will begin the close-out process and finalize any outstanding concerns with the Performer. The AO shall send a letter to the performer requesting release of claims.

Appears in 4 contracts

Samples: Other Transaction for Prototype Agreement (Joby Aviation, Inc.), Other Transaction for Prototype Agreement (Joby Aviation, Inc.), Other Transaction for Prototype Agreement (Joby Aviation, Inc.)

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