SF1437

Settlement Proposal for Cost - Reimbursement Type Contracts

Agency
GSA
Revision
Rev. 10/2023
Fillable fields
60
Pages
2
Official source
GSA form page
Checked
October 20, 2026
Fill SF1437 online
Page 1 of form SF1437

Standard Form 1437 (SF 1437): Settlement Proposal For Cost - Reimbursement Type Contracts

Standard Form 1437 (SF 1437), Settlement Proposal For Cost - Reimbursement Type Contracts, is a two-page termination settlement proposal. The form says it is To be used by prime contractors submitting settlement proposals on cost-reimbursement type contracts under Part 49 of the Federal Acquisition Regulation, and that it is also suitable for use in connection with terminated cost-reimbursement type subcontracts. The footer says it is prescribed by GSA under FAR (48 CFR) 53.249(a)(4), and GSA hosts it in its forms library. The edition printed on the form is STANDARD FORM 1437 (REV. 10/2023), with OMB Control Number 9000-0012 and an expiration date of 8/31/2028.

Page 1 identifies the company, the proposal and the termination, then lists 15 items in three columns: total previously submitted, increase or decrease by this proposal, and total submitted to date. The items run from direct material and direct labor to the fee, settlement expenses, settlements with subcontractors and the net payment requested. Page 2 holds the certificate, signed for the contractor, with a line for the supervisory accounting official.

The form estimates 2.5 hours to read the instructions, gather the facts and answer the questions. You can fill it out free in your browser on this page and download the result without an account.

Top of page 1 of Standard Form 1437 (SF 1437): Settlement Proposal For Cost - Reimbursement Type Contracts, as printed by GSA

What's on SF 1437

Heading: company and termination

Company, street address, city and state, proposal number, a Check One box for Partial or Final, Government prime contract number, reference number and effective date of termination.

Items 1 to 7: costs

Direct material, direct labor, indirect factory expense, special tooling and special test equipment, other costs, general and administrative expense, and total cost (Items 1 thru 6).

Items 8 to 11: fee and gross settlement

Fee, settlement expenses, settlements with subcontractors, and gross proposed settlement (Items 7 thru 10).

Items 12 to 15: credits and net payment

Disposal and other credits, net proposed settlement (Item 11 less 12), prior payments to contractor, and net payment requested (Item 13 less 14).

Certificate

Part (a) covers the contractor's own charges and part (b) the subcontractors' charges, followed by a note on FAR 15.403 and the Certificate of Current Cost or Pricing Data.

Signatures

Name of contractor, signature of the authorized official, title and date, then the name and title of the supervisory accounting official.

How to complete SF 1437

  1. 1

    Identify the proposal

    Enter the company and address, proposal number, Government prime contract number, reference number and effective date of termination, and check Partial or Final.

  2. 2

    Fill the three columns

    For each item, column (b) is the total previously submitted, column (c) the increase or decrease by this proposal, and column (d) the total submitted to date.

  3. 3

    Work out the totals

    Item 7 totals items 1 thru 6, item 11 totals items 7 thru 10, item 13 is item 11 less 12, and item 15 is item 13 less 14.

  4. 4

    Review subcontractor proposals

    The certificate says the contractor has examined, or caused to be examined, the termination settlement proposals of its immediate subcontractors, and covers settlements shown in item 10.

  5. 5

    Sign the certificate

    An authorized official signs for the contractor with a title and date, and the name and title of the supervisory accounting official are added.

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Submission, time and notes

Where it goes

The PDF gives no filing address. It points to Part 49 of the Federal Acquisition Regulation. The GSA address in the burden notice is for comments on the time estimate.

Time to complete

The form estimates 2.5 hours. Comments go to General Services Administration, Regulatory Secretariat Division (MVCB), 1800 F Street, NW, Washington, DC 20405.

OMB control number

OMB Control Number 9000-0012, Expiration Date 8/31/2028. The notice says you do not need to answer these questions unless a valid OMB control number is displayed.

Cost or pricing data

The form notes that the Contractor shall, under conditions stated in FAR 15.403, be required to submit a Certificate of Current Cost or Pricing Data (see FAR 15.406-2 and 15.408 Table 15-2).

Edition notes

The footer says Authorized For Local Reproduction and Previous Edition Is Not Usable.

Related forms

Who completes SF 1437?

  • Prime contractors on cost-reimbursement contracts

    The form says it is To be used by prime contractors submitting settlement proposals on cost-reimbursement type contracts under Part 49 of the Federal Acquisition Regulation.

  • Terminated cost-reimbursement subcontracts

    The form says it is also suitable for use in connection with terminated cost-reimbursement type subcontracts.

  • The contractor's authorized official

    The certificate is signed by the undersigned individually and as an authorized representative of the Contractor, with the name of the contractor, a title and a date.

  • The supervisory accounting official

    A line under the signature takes the name and title of the supervisory accounting official.

  • Immediate subcontractors

    The certificate says the contractor has received from all its immediate subcontractors certificates substantially in the form of this certificate. It says the term subcontractors includes suppliers.

The heading of the form and its certificate name these roles.

Official sources and the blank

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Questions about Form SF1437

Who issues SF 1437?

The footer says it is prescribed by GSA under FAR (48 CFR) 53.249(a)(4). GSA hosts a copy in its forms library.

Who uses SF 1437?

The form says it is To be used by prime contractors submitting settlement proposals on cost-reimbursement type contracts under Part 49 of the Federal Acquisition Regulation. It is also suitable for terminated cost-reimbursement type subcontracts.

What do the three amount columns mean?

Column (b) is the total previously submitted, column (c) the increase or decrease by this proposal, and column (d) the total submitted to date.

Can SF 1437 be a partial proposal?

The heading has a Check One box for Partial or Final, next to the proposal number.

What does the certificate cover?

It certifies that the contractor's own charges were prepared from its books of account and records in accordance with recognized commercial accounting practices and are fair and reasonable, and covers its review of its immediate subcontractors' proposals.

Does subcontractors include suppliers?

Yes. The certificate says the term subcontractors, as used in it, includes suppliers.

How long does SF 1437 take to fill out?

The form estimates 2.5 hours to read the instructions, gather the facts and answer the questions.