termination settlement proposal

Preparing a Strong Termination Settlement for Maximum Contractor Recovery

By Marcos Gonzalez | April 7, 2025

This is a photo of a man reading a termination settlement proposal. Text in the image reads "Preparing a Termination Settlement Proposal: Key Procedures for Contractors"

For the past several weeks, GovSpring has been covering termination of contracts rippling through executive agencies. In a previous article on termination for convenience, Marcos Gonzalez reviewed one option for contractors facing termination: submitting a termination settlement proposal (“TSP”). To summarize, if you were terminated for convenience, unless the agency insists on a no-cost settlement,…