Section 27-2001. CANCELLATION OF MULTIYEAR CONTRACTS

 

2001.1At the end of each fiscal year, a multiyear contract shall be canceled if sufficient budget authority is not available to fund the contract during a subsequent fiscal year.

 

2001.2If a multiyear contract is canceled due to unavailability of funds, the contractor shall be reimbursed for the reasonable value of any nonrecurring costs incurred but not amortized in the price of the goods delivered or services performed under the contract. 

 

2001.3If a multiyear contract is terminated for the convenience of the District, including items subject to cancellation, the District’s obligation shall not exceed the amount specified for contract performance plus the reasonable value of any nonrecurring costs incurred but not amortized in the price of the goods delivered or services performed under the contract.

 

2001.4The costs of cancellation under §§ 2001.2 or 2001.3 may be paid from appropriations available for such purposes. 

 

 

authority

Sections 204 and 1106 of the Procurement Practices Reform Act of 2010, effective April 8, 2011 (D.C. Law 18-371; D.C. Official Code §§ 2-352.04 and 2-361.06 (2012 Repl.)).

source

Final Rulemaking published at 35 DCR 1506 (February 26, 1988); as amended by Final Rulemaking published at 62 DCR 9773 (July 17, 2015).