Easily Remove Option Field into the Home Repair Contract

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How to Remove Option Field into the Home Repair Contract

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this webinar was recorded on july 14th 2020 and all guidance was provided based on the version of ser form310 that was in effect at the time the information provided on this webinar was meant as general information if you have any specific questions or questions on updated versions of scr form 310 call the scr legal hotline at 803 772-5206 allison smallwood your ser director of legal and regulatory affairs here today were going to go over one of the areas of the contract we get the most questions on the hotline and thats repairs so this is the part of the contract where you as a buyer or seller going to have three options that youre going to have to explain to your client um are three different options you can do in the contract so hopefully in this video im going to kind of do an overview of whats included in these sections whats not included in these sections and then some pros and cons of both i mean maybe dispel some common myths that are associated with the repair section um

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What type of modification is used to make an administrative change?

A unilateral modification (change order) may be used to: Make administrative changes. Issue change orders under a contract change or other clause.

What is a contract modification?

A contract modification (mod) is any written change by the contracting officer to the contract terms and conditions. A mod can be issued at any time after the contract is awarded.

What is the difference between modification and amendment?

Contract modification means any changes in the terms or provisions of the Contract which are reduced to writing and fully executed by both parties. Amendment means a written agreement, signed by the Parties, which documents changes to the Contract other than those permitted by Work Orders or Technical Guidance Letters.

What three actions will the contractor perform as part of property closeout per the Government property clause?

The Contractor shall promptly perform and report to the Property Administrator contract property closeout, to include reporting, investigating and securing closure of all loss of Government property cases; physically inventorying all property upon termination or completion of this contract; and disposing of items at

What is a modification in government contracting?

A contract modification (mod) is any written change by the contracting officer to the contract terms and conditions. A mod can be issued at any time after the contract is awarded.

Does a contract closeout require a modification?

It depends on what you are trying to do for contract closeout and what in the contract you are trying to change, e.g. deobligate excess funds from a CLIN etc. If no physical change to the contract is required then no modification is needed, you are closing out the contract file.

What does modification mean in contracts?

A contract modification is a mutually agreed upon change to the original contract. Its changes must fall under the scope of the changes clause and leave the agreements original purpose and effect intact. When negotiating a contract, you can modify the agreement as needed so long as all parties agree.

What is an administrative modification?

Administrative change means a unilateral (see 43.103(b)) contract change, in writing, that does not affect the substantive rights of the parties (e.g.,a change in the paying office or the appropriation data).

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Remove Option Field into the Home Repair Contract