---
kind: "section"
citation: "48 C.F.R. § 949.111"
title: "48"
number: "949.111"
heading: "Review of proposed settlements."
url: "https://uscodex.org/cfr/48/949.111"
---

# §949.111. Review of proposed settlements.

- (a) The Heads of Contracting Activities shall establish settlement review boards for the review of each termination settlement or determination of amount due under the termination clause of a contract or approval or ratification of a subcontract settlement when the action involves $50,000 or more.
- (b) Settlement review boards may be established for actions below $50,000 when considered desirable by the Head of the Contracting Activity or when specifically requested by the contracting officer.
- (c) Proposed settlement agreements or determinations in excess of contractual authority of the Heads of Contracting Activities will be transmitted to the Senior Procurement Executive for review and approval.
- (d) Contracting officers shall not conclude proposed settlement or determinations until the approvals required by this subsection have been obtained.

## Notes

### Amendments

[49 FR 12038, Mar. 28, 1984, as amended at 59 FR 9108, Feb. 25, 1994; 74 FR 36378, July 22, 2009]

### Authority

Authority: 42 U.S.C. 7101 et seq. and 50 U.S.C. 2401 et seq.

### Source

Source: 49 FR 12038, Mar. 28, 1984, unless otherwise noted.

### Amendments

[49 FR 12038, Mar. 28, 1984, as amended at 59 FR 9108, Feb. 25, 1994; 74 FR 36378, July 22, 2009]