Successful Contract Management Includes Successful Closeout

Successful contract management doesn’t end when the work is completed, or even when the final payment is received. Contract closeout is a critical step in the contract lifecycle, yet it is often overlooked by businesses eager to move on to the next opportunity.
A thorough and timely closeout helps ensure all contractual requirements have been met, outstanding issues are resolved, records are properly maintained, and valuable past-performance information is captured. In many cases, closing out a contract can be just as important as winning and performing the contract in the first place.

Join Jody King, Alaska APEX Accelerator Assistant Director, for this practical webinar designed to help you effectively work with subcontractors and other teaming partners to close contracts in accordance with their terms and address issues that may arise during the process.

You’ll learn about:
• Contract closeout procedures and how to identify and address compliance issues.
• Reviewing costs to determine whether the payment received is truly the final payment.
• Lien releases and their role in the closeout process.
• Rolling up past performance reporting to document your contract history.
• Outstanding insurance and warranty requirements.
• Record retention requirements and what documentation should be maintained.
•Archiving the contract narrative and other important closeout information.

Whether you’re new to government contracting or looking to strengthen your existing contract management practices, this webinar will provide practical guidance to help you close out contracts thoroughly and confidently.

Welcome to the Disadvantaged Business Enterprise (DBE) & Airport Concession DBE (ACDBE) Program! Our mission is to support the success of your DBE/ACDBE firm in partnering with the Alaska Department of Transportation & Public Facilities (Alaska DOT&PF). To help new DBE/ACDBE firms get familiar with the program and its requirements, we are excited to offer quarterly orientation opportunities. 

In collaboration with Alaska APEX Accelerator, these sessions are designed to provide valuable insights into the Civil Rights Office, compliance requirements, available support services, training opportunities, federal contracting prospects, and more. 

Website: https://dot.alaska.gov/cvlrts/dbeorientation.shtml