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I.::_::::1SECTION 01700 CONTRACT CLOSEOUT
PART 1 GENERAL
1.1SUMMARY
A. This section includes administrative and procedural requirements for contract closeout
including, but not limited to, the following:
1.
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How to fill out section 01700- contract close-out

How to fill out section 01700- contract close-out
01
To fill out section 01700- contract close-out, follow these steps:
02
Review the contract terms and conditions to ensure compliance during the close-out process.
03
Gather all relevant documentation related to the contract, including invoices, purchase orders, and correspondence.
04
Verify that all deliverables have been provided and meet the specifications outlined in the contract.
05
Review and reconcile any outstanding payments or financial obligations between the parties involved.
06
Prepare a close-out report summarizing the contract performance, financial status, and any unresolved issues.
07
Obtain necessary approvals from stakeholders and signatories.
08
Submit the completed section 01700- contract close-out with all supporting documentation to the designated authority.
09
Monitor and ensure that any outstanding contractual obligations are fulfilled post-closeout.
10
Retain a copy of the completed contract close-out documentation for future reference.
Who needs section 01700- contract close-out?
01
Section 01700- contract close-out is typically needed by project managers, contract administrators, procurement officers, or individuals responsible for overseeing the completion of contractual agreements.
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What is section 01700- contract close-out?
Section 01700- contract close-out is a part of the contract management process that involves finalizing all activities related to a contract once the work has been completed.
Who is required to file section 01700- contract close-out?
The party responsible for the contract management, typically the project manager or contract administrator, is required to file section 01700- contract close-out.
How to fill out section 01700- contract close-out?
To fill out section 01700- contract close-out, the person responsible must provide a summary of the contract performance, final deliverables, financial information, and any outstanding issues or disputes.
What is the purpose of section 01700- contract close-out?
The purpose of section 01700- contract close-out is to formally close the contract, document the final results, and ensure that all parties fulfill their obligations.
What information must be reported on section 01700- contract close-out?
The information reported on section 01700- contract close-out typically includes the project performance summary, final payment details, unresolved issues, and any contract modifications.
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