Common use of Terminating Operations Clause in Contracts

Terminating Operations. The Contractor shall: a. Ensure protection of the government's interest through proper recording of cancellation credits due to policy terminations and/or experience rating. b. Identify and provide continuing insurance policy administration and management requirements to a successor, other DOE contractor, or as specified by the Contracting Officer. c. Reach agreement with DOE on the handling and settlement of self insurance claims incurred but not reported at the time of contract termination; otherwise, the contractor shall retain this liability.

Terminating Operations. The Contractor shall: a. Ensure ensure protection of the government's interest through proper recording of recordingof cancellation credits due to policy terminations and/or experience ratingexperiencerating. b. Identify identify and provide continuing insurance policy administration and management requirements to a successor, other DOE contractor, or as specified by the Contracting Officer. c. Reach reach agreement with DOE on the handling and settlement of self insurance claims incurred but not reported at the time of contract termination; otherwise, the contractor Contractor shall retain this liability.