This video is intended for employees who are responsible for
closing out contracts. You have already learned about Unliquidated Obligations, or ULOs, this lesson includes guidance on contracts with unliquidated work in process balances remaining on contracts in Section 2.
In this lesson, you will learn about: • Conducting research with the Contractor and Defense Finance and Accounting Services (DFAS) to determine the status of a balance
• Conducting research with the Contractor and DFAS for the
purpose of contract closeout.