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History for Termination for the Convenience of the Government (history as of 05/15/2014 10:28:57)

A contractual right of the Government—when done in good faith— to end a contract without cause. It is a right to be exercised in the best interest of the Government. It usually occurs when need or funding no longer exists for a requirement or the procurement has drastically changed and requires a new solicitation.
  

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