Department of Commerce Low Risk Closeout Initiative

, and the time prescribed for contract file closeout has elapsed. To clear this backlog of over-age contracts ES-A is implementing a limited-use case procedure that will enable closeout of these contracts in an efficient and cost-effective manner. These procedures include identification of those exp

ired contracts that can be closed out in a streamlined manner based on certain criteria under which they are considered to be low risk. These contracts are identified in the attached spreadsheet (ES-A_Low Risk Closeout List). To facilitate