TCO

A Termination Contracting Officer is the government official responsible for administering contract termination actions, whether for convenience or default. The TCO negotiates termination settlements, evaluates contractor termination proposals, and determines fair compensation for work performed and termination costs.

TCO responsibilities include reviewing contractor termination inventories, disposing of government property, settling subcontractor claims, and finalizing termination settlements. Contractors facing termination should understand TCO authority and processes to protect their interests and recover appropriate costs. TCO settlement negotiations can significantly affect the financial outcome of terminated contracts.