Settlement of reservations.

Federal Acquisition Regulations System 1 2023-10-01 2023-10-01 false Settlement of reservations. 49.603-9 Section 49.603-9 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION CONTRACT MANAGEMENT TERMINATION OF CONTRACTS Contract Termination Forms and Formats 49.603–9 Settlement of reservations. [ Insert the following in Block 14 of SF 30 for settlement of reservations. ] (a) Supplemental Agreement No. ________, dated ________, was executed to reflect the settlement of the termination of this contract. The supplemental agreement excepted from the settlement certain items described in the agreement including the items described in paragraph (b) below. This supplemental agreement settles those items listed in paragraph (b) below. (b) The parties agree to the following: (1) The Government agrees to pay the Contractor $____________ for the following reserved or excepted items:* [ List items. ] (2) The Contractor releases and forever discharges the Government from all liability and from all existing and future claims and demands that it may have under this contract, insofar as it pertains to the contract, for the items described in subparagraph (1) above.* [ *When payment is due the Government, reverse the words Government and Contractor in subparagraphs (b)(1) and (b)(2).] (End of agreement)