§4.804-4. Physically completed contracts.
48 C.F.R. § 4.804-4
Except as provided in paragraph (b) of this section, a contract is considered to be physically completed when—
The contractor has completed the required deliveries and the Government has inspected and accepted the supplies;
The contractor has performed all services and the Government has accepted these services; and
All option provisions, if any, have expired; or
The Government has given the contractor a notice of complete contract termination.
Rental, use, and storage agreements are considered to be physically completed when—
The Government has given the contractor a notice of complete contract termination; or
The contract period has expired.
Notes, amendments, and revision history
Amendments
[48 FR 42113, Sept. 19, 1983, as amended at 72 FR 27383, May 15, 2007; 84 FR 19841, May 6, 2019]
Authority
Authority: 41 U.S.C. 1121(b); 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.
Source
Source: 48 FR 42113, Sept. 19, 1983, unless otherwise noted.
Amendments
[48 FR 42113, Sept. 19, 1983, as amended at 72 FR 27383, May 15, 2007; 84 FR 19841, May 6, 2019]