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Contract Review Framework
Comprehensive guides, checklists, and AI-ready prompts for thorough contract analysis
Contract Review Process
1. Initial Assessment
- •Verify contract type and appropriate FAR Part applicability
- •Confirm funding availability and proper appropriation
- •Review period of performance and option periods
2. Compliance Review
- •Verify all required FAR/DFARS clauses are included
- •Check for agency-specific requirements (AFFARS, DFARSPGI)
- •Ensure proper flow-down clauses for subcontractors
3. Risk Assessment
- •Technical risk evaluation and mitigation strategies
- •Cost/price analysis and reasonableness determination
- •Schedule risk and milestone verification
Key References
FAR Part 15
Contracting by Negotiation
DFARS 252
Solicitation Provisions and Contract Clauses
DCAA Contract Audit Manual
Chapter 9 - Review of Cost Estimates