As prescribed in 49.502(a)(1),
(a) Fixed-price contracts that do not exceed the simplified acquisition threshold (short form)—
(1) General use. The contracting officer shall insert the clause at 52.249-1, Termination for Convenience of the Government (Fixed-Price) (Short Form), in solicitations and contracts when a fixed-price contract is contemplated and the contract amount is not expected to exceed the simplified acquisition threshold, except—
(i) If use of the clause at 52.249-4, Termination for Convenience of the Government (Services) (Short Form) is appropriate,
(ii) In contracts for research and development work with an educational or nonprofit institution on a no-profit basis,
(iii) In contracts for architect-engineer services, or
(iv) If one of the clauses prescribed or cited at 49.505(a) or (c), is appropriate.
(2) Dismantling and demolition. If the contract is for dismantling, demolition, or removal of improvements, the contracting officer shall use the clause with its Alternate I.
Termination for Convenience of the Government (Fixed-Price) (Short Form) Alternate I (Apr 1984).
(a) The Contracting Officer, by written notice, may terminate this contract, in whole or in part, when it is in the Government’s interest. If this contract is terminated, the rights, duties, and obligations of the parties, including compensation to the Contractor, shall be in accordance with Part 49 of the Federal Acquisition Regulation in effect on the date of this contract.
(b) Upon receipt of the termination notice, if title to property is vested in the Contractor under this contract, it shall revest in the Government regardless of any other clause of the contract, except for property that the Contractor (a) disposed of by bona fide sale or (b) removed from the site.
(End of clause)