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Federal Contract Closeout Webinar Series - 2024
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On-Demand Session
What are the 8 Steps for a Standard Closeout - Session 5 - Federal Contract Closeout 2024 Series
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Topics
Accounting, Costs and Pricing
Advanced Topics
Artificial Intelligence
Business Development
Compliance
Construction Contracting
Cybersecurity
FAR
Government Contracting
Grants
Intellectual Property
International Contracting
Personal Development
Small & Medium Businesses
Subcontracting
Dates
November 2024
December 2024
January 2025
March 2025
June 2025
August 2025
September 2025
October 2025
Roles
Director of Contracts
New to Government Contracting
Accountant
Sales and Business Development
Contract Administrator
Counsel
Auditor
Subcontract Administrator
Contract Manager
Procurement Officer
CFO
Grants Administrator
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1 hr, 30 mins
This is session 5 of 8 in the Federal Contract Closeout series.
The Eight Steps as applied to Standard Closeout, Quick Closeout, and Early Closeout- Sessions, Five, Six, and Seven. Introduction to the eight steps and discussion of standard closeout, quick closeout, and early closeout including contractual completion, all forms, reports, and clearances (clean up in terms of contractual requirements, resolve all issues, (subcontractors, claims, filing status, termination issues), final Invoice, final payment, and release, de-obligation of funds, contractual completion forms, past performance evaluation, and appropriately identified closed contract and file.
Learning Objectives
What are the differences and requirements for Standard, Quick, and Early contract closeouts.
What are the eight steps for a Standard Closeout
Contract Complete, Verification
Forms, Reports, Resolution of Outstanding Issues
Final Payment
De-obligation of funds
Completion Statements
Past Performance
File Disposal
What are the basic problems that are being experienced at every step.
How can those problems be addressed.
Why quick closeouts are popular in 2024 and the impact that that process is having on the backlogs
About Our Experts
Judy (Jake) Leishman
Attorney
Jake Leishman is an experienced government contracts attorney who develops and delivers instruction, legal consultation on legal, contract administration, acquisitions, policy implementation, and compliance issues.
Jake began as a social worker then moved to education, serving as the Director of Continuing Education at the University of Maryland School of Social Work and Community Planning. In addition to continuing education, Jake taught graduate and undergraduate courses in social policy and social administration.
After receiving her Juris Doctorate from the University of Maryland, Jake spent a few years in private practice but made the decision that corporate law, focusing on government contracts was her preferred arena. She worked at Federal Data Corporation as Corporate Counsel and at Electronic Data Systems (now HP Enterprise Services) as Senior Counsel for EDS’ Contracts with the United States Government. In addition Jake developed and delivered training to all EDS contract professionals who handled federal procurement, subcontracts under the FAR, and state and local contracts.
Jake's instructional approach focuses on two elements; the need for common sense and a good sense of humor when addressing problem solving, policy analysis and implementation, all aspects of contracting, and working in the Federal arena.
Juris Doctorate from the University of Maryland
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