Claims vs. Equitable Adjustments – Do You Know the Difference? (OnDemand Webinar)

$149.00

SKU: 409495EAU

Description

Understand the difference between a Request for Equitable Adjustment and a claim.Many government contractors do not understand the difference between a Request for Equitable Adjustment (REA) and a claim. They also don’t understand how an agency treats an REA and a claim or how an appeal of a denied claim proceeds through the Boards of Contract Appeals or the Court of Federal Claims. This topic clearly explains many situations where the Federal Acquisition Regulation (FAR) permits a contractor to submit an REA, when the contractor is entitled to receive payment or a schedule adjustment, and how to proceed to ensure payment or time adjustment. The material reviews how to treat a denied REA and submit it as a formal claim, including the statutory requirements for a claim. This topic also explains the processes used by agencies when reviewing REAs and claims and what will be required by a contractor to prosecute its claim to a final decision, either allowing or denying the claim. This information is necessary for all government contractors since equitable adjustments and claims frequently arise in the performance of government contracts.

Date: 2021-12-16 Start Time: End Time:

Learning Objectives

Simple Definition
• Requests for Equitable Adjustment (REA) • Federal Acquisition Regulation (FAR) Definition
• Claim • FAR Definition

Government Contracting Life Cycle – Where REAs and Claims Arise
• Life Cycle Explained
• Constructive Changes and REAs
• Typical Constructive Changes That Give Rise to REAs/Claims – 14 Examples From the FAR
• How to Present an REA
• Steps in an REA

Claims Under the Contract Disputes Act (CDA) of 1978
• Requirements for a Claim
• CDA Certification, Where Required
• Elements of a CDA Claim
• How to Present a CDA Claim

REAs and Negotiations With the Contracting Officer

Analyzing Your REA or Claim – How Likely Are You to Succeed?
• Steps in Appealing a Claim – Boards of Contract Appeals
• Steps in Appealing a Claim – Court of Federal Claims

Possible Alternative Dispute Resolution
• At the Boards of Contract Appeals
• At the Court of Federal Claims

Different Treatment of Costs – REAs Compared to Claims

Summary of Differences – REAs and Claims

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,ICC ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Richard D. Lieberman-FAR Consulting & Training