Identifying and Negotiating Changes and Navigating Requests for Equitable Adjustments (REAs)
Product Information
June 27, 12:00-1:00pm ET
Although it would be nice if every contract ran smoothly and as predicted from start to finish, that rarely happens. Fortunately, the standard Federal Government contract contains a “Changes” clause that is designed to compensate contractors for both time and money when the Government changes the contractor’s scope of work. Sometimes a change is made formally, but it frequently comes about as a “constructive change.” Recognizing a change, and knowing how and when to pursue relief via a Request for Equitable Adjustment (REA), are critical to a contractor’s survival.
This webinar will explain how the “Changes” clause is supposed to work, what a contractor can do to make sure changes are recognized early, the reasons why relief should be sought through an REA rather than by filing a claim, and how to prepare an effective REA.
This webinar will cover:
- How to recognize a change under the “Changes” clause
- The basic elements of an REA
- How and when an REA should be used
- The difference between an REA and a claim
- How to prepare an effective REA
Instructor: Jayna Rust, Thompson Coburn
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