[ad_1]
When issues arise during performance of a federal government contract, causing a contractor to experience delays and/or to incur additional, unanticipated costs, contractors have a choice of remedies. They can request the contract duration or price be adjusted by submitting either a request for equitable adjustment (REA), or a claim. Though REAs and claims largely serve the same purpose, there are differences between them. Contractors must engage in a thoughtful analysis before deciding which strategy is best in their particular circumstances. A recent Federal Circuit case, Zafer Construction Co. aka Zafer Taahhut Insaat Ve Ticaret AS v. U.S., has further informed that “REA or claim” analysis. Maria Panichelli explains what this means for federal contractors seeking contract adjustments in this article for Federal News Network.
[ad_2]
Source link
