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[Music] thank you this training is part of a series that will provide on-screen demonstrations to assist users with contract Closeouts in ecms please note only the training version of ecms is being used for illustration purposes as a result some functionality of the live system may not be available but the process and steps are essentially the same and will be explained to you Closeouts are of utmost importance and are the final step in contract Administration one key step in closing out a contract is making sure the contract has been physically completed generally a contract is considered finished when the contractor is completed the required deliveries and the government has inspected and accepted the supplies or the contractors performed all services and the government has accepted the services however there are always exceptions do not close out a contract if it is in litigation or under appeal or in the case of a termination termination actions have not been completed the purpose
