DDFORMS.ORG – DD Form 1594 – Contract Completion Statement – DD Form 1594 is an important document used in the contract closure process. This document is used to ensure that all of the actions needed to close a contract have been completed successfully. It should be filed with the proper government agency after a contract has been signed. There are several types of DD Form 1594, so it is important to understand what each one is used for.
Download DD Form 1594 -Contract Completion Statement
| Form Number | DD Form 1594 |
| Form Title | Contract Completion Statement |
| Edition Date | 2/1/1970 |
| File Size | 34 KB |
What is a DD Form 1594?
DD Form 1594 is an important document in the closing process of a contract. The document confirms that all the required contract actions have been completed satisfactorily. The DD1594 is usually submitted after the final payment has been made. This document is also used to verify that the contract administration office received the final payment.
The final shipment document alerts the Procurement Technician and the Industrial Specialist. These individuals input the production history of the contract and resolve any imbalances. The DD 1594 is accompanied by a Contract Closeout Checklist. The DD Form 1594 must be signed by the Administrative Contracting Officer, who must also sign and retire the contract files.
DA Form 1594 is a one-page document. It is not divided into sections. Filling out the form can be a tedious task if you are unfamiliar with this type of form. Fortunately, there is an easier way to complete this form. You can use a fillable PDF file as a reference as you fill out the paper form. The form also contains statistics about the information entered.
DD Form 1594 – Contract Completion Statement
The DD Form 1594 – Contract Completion Statement is a document used to certify that all the required actions associated with a contract have been completed satisfactorily. It is considered to be an integral part of the contract closing process. It should be completed by the Administrative Contracting Officer.
Large-purchase contracts have a Contract Closeout Group Code B or C. It must include all the administrative actions necessary to close out the contract. The PO must send a notification to the CAO or other designated point within five business days of receiving the contract completion statement.
The contract completion statement must also indicate the unliquidated amount. The unliquidated amount is the remainder of the accumulated amount that was not spent on the contract. This portion is subtracted from the total obligated on the contract and adjusted by any deductions. In addition, this amount must be conveyed to the AMT data segment of the CS loop.
DD Form 1594 Example
