IAM Accelerator – Contract Close-out

What it is: a controlled close-out of every contract, including final evaluation and lessons learned.

How it works

1. Starts at the end date or after termination in Accelerator 12.
2. A Maestro checklist assigns tasks with sign-off: verify completion, resolve disagreements, finalise transition, close buyer inputs, settle subcontracts, reconcile and audit, return guarantees, final payment, close pending remedies.
3. A final performance evaluation uses Accelerator 8 forms.
4. Surviving obligations (Accelerator 6) and transferring rights (Accelerator 3) are handed over.
5. Lessons learned are captured in a central register, reused by Accelerator 1.
6. A close-out certificate is generated and signed by both parties.
7. The agreement is set to Closed in Navigator, with a retention date.

What's prebuilt: close-out checklist with sign-off; final evaluation; transition hand-over; lessons-learned form and register; certificate template; archiving step.

Customer configures: checklist tasks, sign-off roles, certificate template, retention periods.

Standard: CMS™ 4.2.2 Close out contract, 4.2.1 (settle termination, lessons learned). Supports a local standard's conclude phase.

Value: nothing is left open, liabilities are discharged, and knowledge is reused.