REAs and Claims: What’s the Difference
The one constant is change! Even in federal contracts, things don’t always go as planned. When this happens, what can you do to ensure you are paid fairly for the changed work? Whether its contract delays, changing scope, wage-determination updates or a host of other potential scenarios; contractors need to understand their rights and options and how to request and negotiate compensation. Please join DHG’s Brad Tress and Bill Walter along with their guests, Aron Beezley and Sarah Osborne of Bradley, as they discuss the elements of requests for equitable adjustment ("REA") and claims, current trends and what you should consider as you move forward on the path to resolution. Specifically, the panel will discuss:
- How REAs and claims are used to negotiate compensation
- Recent trends and developments in REAs and claims
- Key elements - entitlement and quantum
- Overview of contract clauses that provide for contract price adjustment
- Comparison of the REA process vs. the claim process
Other Speakers
Bill Walter and Brad Tress of Dixon Hughes Goodman LLP
