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Professor’s Forum 2023: Claim and Requests for Equitable Adjustments
August 17 @ 12:00 pm - 1:30 pm$179.00
The “Changes” clause is a topic of frequent discussion among people involved in Government contracts, and one of its most unique features is the language which permits a contracting officer to make an “equitable adjustment in the contract price, the delivery schedule, or both” if the circumstances justify doing so. Join Professor Nash and Tim Sullivan as they discuss the fundamentals of preparing a request for an equitable adjustment. They will discuss the pricing of added as well as deleted work, the burden of proof for each, the importance of understanding schedule issues, and the role of profit and interest in such calculations. They will also delve into the important differences between a Request for Equitable Adjustment and a Claim, including the distinction between contract administration costs and the costs of prosecuting claims. You won’t want to miss this practical but critically important discussion, a discussion that is important no matter what your role in the process is.
The Professor’s Forum with Ralph Nash and Tim Sullivan 2023
Third Thursday of the Month, 12:00-1:30pm (ET)
6 Sessions, Every other Month from February to December