and answers 100% correct
What is a cure notice? - correct answers A cure notice is a notice sent to
contractors when performance is non-compliant; It shows the government's
concern and allows the contractor time to cure. The contractor has 10 days to
show better performance or further steps will be taken, such as a show cause
notice.
What is a show cause notice? - correct answers A show cause notice is a
letter sent to the contractor that they are in danger of being terminated due to
non-conformance of the contract terms and conditions. The notice states that
the contractor must show cause on why the Government should not terminate
them. Can also be issued when not enough time for a reasonable cure (less
than 10 days).
What are the three different types of terminations? - correct answers
Convenience (commercial or non) - Could be change of requirement/funding,
contractor entitled to some adjustment, requires settlement; Cause
(commercial; Default (non-commercial) - ktr can be liable for procurement
costs
What FAR part covers Terminations? - correct answers 49
What is a TCO? - correct answers Terminating Contracting Officer; ours is in
Dallas;