D.C. Mun. Regs. tit. 27, r. 27-2001

Current through Register 71, No. 45, November 7, 2024
Rule 27-2001 - CANCELLATION OF MULTIYEAR CONTRACTS
2001.1

At 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.

2001.2

If 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.

2001.3

If 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.

2001.4

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

D.C. Mun. Regs. tit. 27, r. 27-2001

Final Rulemaking published at 35 DCR 1507 (February 26, 1988); amended by Final Rulemaking published at 62 DCR 9773 (7/17/2015)