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§ 719.33 In what circumstances must the contractor seek permission from the Department to enter a settlement agreement?

10 CFR 719.33

Citation10 CFR 719.33
CorpusDaily eCFR
Displayed edition2026-09-15
Last updated2026-09-15

§ 719.33 In what circumstances must the contractor seek permission from the Department to enter a settlement agreement?

The contractor must obtain permission from Department Counsel to enter a settlement agreement if the settlement agreement requires contractor payment of $25,000 or more. Obtaining this approval does not represent a determination that the settlement amount and/or the legal costs incurred in connection with the underlying legal matter will be determined to be allowable.