UCS understands the factors contributing to the government’s need for effective and efficient contracts closeout assistance. Contracting offices often have the responsibility of “cradle to grave” administration and execution of their issued awards. In these cases, the final steps of contracts closeout, after the award has expired, are sometimes overlooked due to the more impending need to address new requirements. These unclosed, expired contracts pile up, creating a vast backlog of unaddressed contracts that often carry financial discrepancies or delivery problems. Audits of these contracting offices will often indicate the need to address contract closeouts.
UCS’s prerequisite knowledge for performing the contract closeout process includes:
- A thorough understanding of procurement processes
- Access to and hands-on experience using financial accounting and entitlement systems
- Functional use of procurement and electronic invoicing systems
UCS achieves impressive contracts closeout rates while maintaining the integrity and sensitivity of contract data. As applicable, we apply FAR 42.708, “Quick-Closeout Procedures” to implement streamlined processes at a federal level. Our consultants have the ability to approach each type of contract, and based on the governing regulations, properly assess its status and execute closeout. UCS is well versed in establishing and cultivating the strong working relationships with vendors providing the material or services on contract closeout projects and with numerous offices and receiving sites. These relationships help our team establish “ownership” of the contracts requiring closeout, which facilitates resolving financial discrepancies and acting as a liaison between the contractors and receiving sites. UCS can leverage these capabilities to handle contract closeout projects of any size and complexity.
UCS’s clients in this area include:
- Naval Medical Logistics Command (NMLC)
