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.
Learning Objectives
- You will be able to define a Request for Equitable Adjustment (REA) and a claim.
- You will be able to describe the difference between an REA and a claim.
- You will be able to discuss how an REA is processed by an agency.
- You will be able to explain how a claim is processed by the contracting officer, boards, and Court of Federal Claims.
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
| Simple Definition | |
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| Government Contracting Life Cycle - Where REAs and Claims Arise | |
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| Claims Under the Contract Disputes Act (CDA) of 1978 | |
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| REAs and Negotiations With the Contracting Officer | |
| Analyzing Your REA or Claim - How Likely Are You to Succeed? | |
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| Possible Alternative Dispute Resolution | |
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| Different Treatment of Costs - REAs Compared to Claims | |
| Summary of Differences - REAs and Claims | |
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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- ICC (Pending)
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Who should attend?
This live webinar is designed for attorneys, presidents, vice presidents, project managers, engineers, architects, insurance professionals, contractors, subcontractors, claims managers, developers, property owners and managers, and other construction professionals.
Credit
More Program Information
Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Richard D. Lieberman
FAR Consulting & Training
- Owner of FAR (Federal Acquisition Regulation) Consulting & Training
- Consulting practice emphasizes all aspects of compliance with the FAR and federal acquisition rules
- Conducts regular seminars and workshops on numerous aspects of government contracting, including REAs, claims, bid protests, contract administration, and contract compliance
- Written numerous publications related to the areas of government contracting, including eight books and numerous articles; books include The 100 Worst Mistakes in Government Contracting (Nat’l Contract Management Assn (NCMA) 2008) (with Jason D. Morgan); The 100 Worst Government Mistakes in Government Contracting (NCMA 2012); Elements of Government Contracting (CCH-George Washington University, 2004) (with Karen R. O’Brien); The Government Contracts Forms Book (West, 2010) (with Garry S. Grossman and Gabriel D. Soll); Elements of Contract Formation (CCH-George Washington University 2000) (with Karen R. O’Brien); Elements of Contract Administration (2d Ed. CCH-George Washington University, 2001) (with Karen R. O’Brien); Anatomy of an Inspector General Investigation (Federal Publications, 1991-94); Government Contract Compliance: Practical Strategies for Success (George Washington University, 1992-98). Most recent articles include “Incorrect Government Advice – Whom Should You Heed?” (Bloomberg BNA Fed. Contr. Rpt. 105 FCR 26, Jan. 12, 2016) and “The Ten Big Mistakes Made by Small Businesses and New Government Contractors” (Bloomberg BNA Fed. Contr. Rpt., 104 FCR 844, Aug. 11, 2015)
- Member of National Contract Management Association (NCMA)
- J.D. degree, Georgetown University Law School; M.A. degree, University of Wisconsin, Madison; B.A. degree, Cornell University
- Can be contacted at 202-530-5780 or [email protected]
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Why Lorman?
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