Common use of Closeouts Clause in Contracts

Closeouts. A CPAR shall be completed on each contract (supplies and/or services >$150,000, or construction contracts >$650,000, or architect-engineering contracts >$30,000) prior to closeout unless the individual assessing the contractor’s performance: 1) is not available, 2) does not have sufficient knowledge of the contractor’s performance for the period in question,

Closeouts. A CPAR shall be completed on each contract (supplies and/or services >$150,000250,000, or construction contracts >$650,000700,000, or architect-engineering contracts >$30,00035,000) prior to closeout unless the individual assessing the contractor’s performance: 1) is not available, 2) does not have sufficient knowledge of the contractor’s performance for the period in question,