Chapter 7 may render contract deliverables impossible that bankruptcy filings could be relevant to your supply chain role.
What is contract deliverables?
Documentation, reports, and any other materials that the Contractor or any Subcontractor is required to or does provide to the State in accordance with this Contract and/or in connection with any Services are referred to as Contract Deliverables, including all items that are specifically listed as Deliverables in the Statement of Work. The quantifiable items or services that must be offered upon project completion are referred to as "deliverables" in project management terminology. Deliverables may be physical or abstract in nature. A significant deliverable is something that emerges from a certain procedure. You may finish these deliverables as the final products or deliverables of a project, or you may do so in smaller increments over the course of the project.
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