REAs and Claims – Two Critical Concepts in Seeking Compensation on Federal Contracts
After you’ve won the contract award, what comes next? As any Federal contractor will tell you, the contract award is only the beginning — performance presents a whole new series of challenges.
The FAR and its supplementary regulations impose a host of obligations on contractors and can impact the ways in which a contractor can seek compensation for unanticipated costs incurred on the job. In this webinar, experienced Federal contracting attorneys Maria Panichelli and Bob Ruggieri will discuss two critical methods used for seeking compensation on Federal Contracts: Requests for Equitable Adjustment, and Claims. Maria and Bob will cover the fundamentals of each method, as well as the differences between REAs and Claims, and when to use each. Subcontractor pass-through claims and prime/subcontractor disputes will also be discussed.