Contract closeout continues to be a challenge for DCMA and industry even after DCAA has become current with indirect rate audits. The number of contracts subject to closeout is significant as multiple rate years have been audited and negotiated. An extensive number of contracts can be associated with each rate year, many of which have been physically complete for years and are now required to be closed out. DCMA is primarily responsible for administering and closing out a significant portion of these contracts. At the same time, industry is facing big challenges with old data and a surge in demand for capable resources to prepare the contract closeout documentation. This webinar will look at how DCMA and industry can coordinate to address the contract closeout challenge. Learning Objectives:  The importance of contract closeout  A look at the current environment and the extent of contracts awaiting closeout  DCMA's role in contract closeout  A high-level overview of the contract closeout process and differences between contract type  Challenges industry is encountering  Current DCMA initiatives and guidance  Successful strategies and coordination between DCMA and industry