Job description
Contract Closeout
Job Title: Contract Closeout Specialist I
Education: Bachelor’s Degree required
Experience: Minimum 2 years+
Job Title: Contract Closeout Specialist II
Education: Bachelor’s Degree required
Experience: Minimum 3 years+
Job Title: Contract Closeout Specialist III
Education: Bachelor’s Degree required
Experience: 10 years+
Confirm all deliveries were accepted and payments were received by Contractors.
Identify and track excess funds that may be de-obligated by the CO.
Complete draft pricing revisions (except award fee).
Review cost-type contracts and provide a status if indirect costs have been settled.
Ensure the Contractor’s final closing statement is completed.
Ensure the Contractor’s final invoice, if any has been submitted.
Ensure assignments of any claims have been completed.
Create draft close-out procedures for all contract documents in accordance with agency regulations and statutes.
Support financial reconciliation efforts such as canceling funds and tracking inactive obligations.
Provide status of closeouts completed or problems that require CO and Contracting Officer Representative (COR) intervention.
Process Improvement
Review, maintain and recommend process improvements to client’s contracting processes.
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