SF 1437 Settlement Proposal For Cost - Reimbursement Type Contra

SETTLEMENT PROPOSAL FOR COST - REIMBURSEMENT TYPE CONTRACTS

OMB Control Number: 9000-0012
Expiration Date: 2/29/2020

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To be used by prime contractors submitting settlement proposals on cost-reimbursement type contracts under Part 49 of the Federal Acquisition Regulation. Also suitable for use in
connection with terminated cost-reimbursement type subcontracts.
COMPANY

PROPOSAL NUMBER

CHECK ONE

STREET ADDRESS

GOVERNMENT PRIME CONTRACT NUMBER REFERENCE NUMBER

CITY AND STATE (Include ZIP Code)

EFFECTIVE DATE OF TERMINATION

PARTIAL

ITEM

TOTAL PREVIOUSLY
SUBMITTED

(a)

INCREASE OR DECREASE
BY THIS PROPOSAL

(b)

TOTAL SUBMITTED TO
DATE

(c)

(d)

$

$

$

$

$

$

13. NET PROPOSED SETTLEMENT (Item 11 less 12)

$

$

$

14. PRIOR PAYMENTS TO CONTRACTOR

$

$

$

15. NET PAYMENT REQUESTED (Item 13 less 14)

$

$

$

1. DIRECT MATERIAL

FINAL

2. DIRECT LABOR
3. INDIRECT FACTORY EXPENSE
4. SPECIAL TOOLING AND SPECIAL TEST EQUIPMENT
5. OTHER COSTS
6. GENERAL AND ADMINISTRATIVE EXPENSE
7. TOTAL COST (Items 1 thru 6)
8. FEE
9. SETTLEMENT EXPENSES
10. SETTLEMENTS WITH SUBCONTRACTORS
11. GROSS PROPOSED SETTLEMENT (Items 7 thru 10)
12. DISPOSAL AND OTHER CREDITS

CERTIFICATE
This is to certify that the undersigned, individually, and as an authorized representative of the Contractor, has examined this termination settlement proposal and that, to the best
knowledge and belief of the undersigned:
(a) AS TO THE CONTRACTOR'S OWN CHARGES. (1) The proposed settlement (exclusive of charges set forth in Item 10) and supporting schedules and explanations have
been prepared from the books of account and records of the Contractor in accordance with recognized commercial accounting practices; they include only those charges allocable
to the terminated portion of this contract; they have been prepared with knowledge that they will, or may, be used directly or indirectly as the basis of settlement of a termination
settlement proposal or claim against an agency of the United States; and the charges as stated are fair and reasonable.
(b) AS TO THE SUBCONTRACTORS' CHARGES. (1) The Contractor has examined, or caused to be examined, to an extent it considered adequate in the circumstances, the
termination settlement proposals of its immediate subcontractors (exclusive of proposals filed against these immediate subcontractors by their subcontractors); (2) The settlements
on account of immediate subcontractors own charges are fair and reasonable, the charges are allocable to the terminated portion of this contract, and the settlements were
negotiated in good faith and are not more favorable to its immediate subcontractors that those that the Contractor would make if reimbursement by the Government were not
involved; (3) The Contractor has received from all its immediate subcontractors appropriate certificates with respect to their termination settlement proposals, which certificates are
substantially in the form of this certificate; and (4) The Contractor has no information leading it to doubt (i) the reasonableness of the settlements with more remote subcontractors or
(ii) that the charges for them are allocable to this contract. Upon receipt by the Contractor of amounts covering settlements with its immediate subcontractors, the Contractor will pay
or credit them promptly with the amounts so received, to the extent that it has not previously done so. The term "subcontractors," as used above, includes suppliers.
NOTE: The Contractor shall, under conditions stated in FAR 15.403, be required to submit a Certificate of Current Cost or Pricing Data (see FAR 15.406-2 and 15.408 Table 15-2).
NAME OF CONTRACTOR

BY (Signature of authorized official)

TITLE
NAME OF SUPERVISORY ACCOUNTING OFFICIAL
AUTHORIZED FOR LOCAL REPRODUCTION
Previous edition is unusable

DATE

TITLE

STANDARD FORM 1437 (REV. 9/1997)
Prescribed by GSA - FAR (48 CFR) 53.249(a)(4)