{"data":{"id":"us/48-cfr-49.604","jurisdiction":"us","citation":"48 CFR 49.604","heading":"49.604 Release of excess funds under terminated contracts.","body":"The following format shall be used to recommend the release of excess funds under terminated contracts, except if the contracting office retains responsibility for settlement of the termination:\nFROM: Termination Contracting Officer ______ [address]\nTO: Contracting office ________ [address]\nSUBJ: Terminated Contract No. ____ with ____ [Contractor]\nRefs:\n(a) [Cite termination notice and effective date.]\n(b) [Cite prior letters releasing excess funds, if any.]\n1. Referenced termination notice, ______ [insert “completely” or “partially”] terminated contract ______.\n2. Based on the best information available, it is estimated that the gross settlement cost will be $____________. The amount available for release as excess to the contract is $____________. Any payments previously made to the Contractor for terminated items have been considered in arriving at the above amounts.\n[If prior letters recommending release of excess funds are cited, use the following as paragraph 2:\n“The estimated settlement costs previously reported by reference (b) in the amount of $____________ are revised. On the best evidence now available, it is estimated that the settlement costs will be $____________. The additional amount available for release is $____________”.]\n3. The related appropriations and amounts involved are:\nAppropriations Allocated Amounts\nCopies to:\nPaying Office\nAccounting and Finance Office\nOther","path":["Title 48—Federal Acquisition Regulations System","CHAPTER 1—FEDERAL ACQUISITION REGULATION","SUBCHAPTER G—CONTRACT MANAGEMENT","PART 49—TERMINATION OF CONTRACTS","Subpart 49.6—Contract Termination Forms and Formats"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-48.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:29Z","sha256":"09406e71d563529627b2a060f4c4064cd57e736c27c93f0031793c2929b29a5e","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-49.603-9","next":"us/48-cfr-49.605"},"notice":"GroundRules: Original legal text. Not legal advice."}