Contract Closeout for Contractors - Virtual Training

This event qualifies for 5.5 CLPs

Contract Closeout procedures can vary widely based on contract type, the complexity of the contract, price adjustments, and even from agency to agency and contracting officer to contracting officer.


Government contractors must understand their role in contract closeouts to ensure their interests are fully protected.  Contract closeout represents the final step in the contracting process for a government contract.  Unresolved or outstanding issues should be addressed and resolved before executing a release of claims.


Prior to government prime contractors closing out their contract with the government, it is important to closeout subcontracts and resolve any issues as well.


Our one-day Contract Closeout course for government contractors focuses on the elements of contract closeout — from final delivery to final payment — and highlights solutions to common mistakes that can lead to closeout delays or losing the ability to address any issues affecting contractor/subcontractor costs.


You’ll Learn How To:

  • When and how to begin preparing for contract closeout
  • Understand what the government’s objective is for contract closeout
  • Know when to use quick closeout procedures or desk reviews
  • Comply with recordkeeping and retention requirements
  • Handle delays, price adjustments, terminations, and other special issues

Who Should Attend:

  • Government contractor personnel with responsibility for contract administration
  • Anyone on a closeout team who needs to be up-to-date on the rules, regulations, and best practices

What’s Included:

  • Course materials

Speaker and Presenter Information

Wayne Simpson, CFCM, CSCM



Wayne Simpson is retired from the U.S. Department of Veterans Affairs (VA) after 38 years of federal service. He served as the Executive Assistant to VA’s Deputy Assistant Secretary for Acquisition and Logistics where he was the primary staff advisor to the Deputy Assistant Secretary, who serves concurrently as VA’s Senior Procurement Executive and Debarring Official. Wayne’s federal experience is significant and provides him with a unique combination of skill sets, knowledge, and insight into acquisition operations and procurement opportunities. He also has a keen understanding of the interrelation of federal contracting and small business programs and the challenges presented by their often competing interests.


Knowledge, Skills and Abilities:


Demonstrated expertise in pre-solicitation, pre-award, and post-award areas of Federal contracting. Significant knowledge of the Federal Acquisition Regulation and Veterans Affairs Acquisition Regulation. Demonstrative small business advocate, subject matter expert in the Veterans First Contracting Program at VA. Significant knowledge of the Federal Supply Schedule Program, compliance and contract administration issues. Subject matter expert on Federal small business programs, and their often competing interests in the conduct of Federal acquisitions. Analytical capabilities in reviewing contract documents and developing courses of action necessary for contract administration issues and compliance. Expertise in all facets of Federal subcontracting requirements and program execution and administration. Significant experience and expertise in working with Federal Procurement Data System–Next Generation (FPDS-NG).

Event Type

This event has no exhibitor/sponsor opportunities

Thu, Apr 16, 2020, 10:00am - 3:00pm ET


Client Price:  $536.00
Price:  $595.00

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Centre Law & Consulting, LLC

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