The Professor’s Forum with Ralph Nash & Tim Sullivan 2019: Pricing Equitable Adjustments

Summary

The “Changes” clause is a topic of frequent discussion among people involved in Government contracts, and one of its most unique features is the language which permits a contracting officer to make an “equitable adjustment in the contract price, the delivery schedule, or both” if the circumstances justify doing so. In the September program, Professor Nash and Tim Sullivan explored the key differences between claims and requests for equitable adjustments. In our October program, Professor Nash and Tim will discuss the fundamentals of preparing a request for an equitable adjustment. They will discuss the pricing of added as well as deleted work, the burden of proof for each, the importance of understanding schedule issues, and the role of profit and interest in such calculations. You won’t want to miss this practical but critically important discussion, a discussion that is important no matter what your role in the process is.

Dates & Topics

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Last Thursday of the Month
12:00 pm – 1:30 pm (ET)

January 31: Contract Interpretation

February 28: Constructive Changes

March 28: Subcontract Administration

April 25: Other Transaction Agreements

May 30: Protest Procedures

June 27: Pricing Equitable Adjustments

September 26: IDIQs

October 31: Clarifications vs Discussions

Continuing Education Credits

CLP

2.0 credits per session; 16.0 credits for entire series.

CPE (Business Law/Finance/Management Services/Regulatory Ethics)

1.5 credits per session; 12.0 credits for entire series.

CEU

0.2 credits per session; 1.6 CEU for the entire series.

CLE

1.5 CLE (Pending approval in VA) This course has been approved for CLE in CA, OH, and PA. PCI is an accredited Texas CLE sponsor, approved by the State Bar of Texas, Committee on MCLE. Because this activity has been approved in another CLE jurisdiction, you may also receive credit for participation in AK, AZ, AR, CO, FL, HI, IL, ME, MT, NJ, NY, ND, OR, WA, WV, and WI (additional state requirements may apply). If you are seeking CLE credits for a jurisdiction other than the ones listed above, please contact us for additional information.

PDU

This course can be submitted to Project Management Institute (PMI) for PDU. Upon their approval, it may be worth 1.5 PDU credits per session; 12.0 PDU credits for entire series.