Settlement Agreements or Stipulations

140.6.3 - Settlement Agreements or Stipulations (Rev. 13825; Issued: 06-11-26; Effective: 07-13-26; Implementation: 07-13-26) During a bankruptcy, the servicing CMS Office and the CMS Counsel, working with the DOJ, may negotiate a settlement agreement or stipulation with the debtor's attorney. Once a settlement agreement or stipulation goes into effect, the CMS Office will advise all affected Contractors, other CMS Offices, and the Office of Financial Management (CO). The servicing CMS Office will consult with the Contractor to ensure that they conform to the conditions established in the settlement agreement or stipulation.