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Request for Equitable Adjustment, Continued
joel hoffman posted a topic in Contract AdministrationThe thread at this location is closed for further comment: http://www.wifcon.com/discussion/index.php?/topic/625-request-for-equitable-adjustment-rea/ While I was browsing that thread this morning. I remembered that formerfed and others mentioned that some agencies drag their feet in resolving REA's (and unpriced changes, too). Apparently, some take little or no action until at, near, or after contract performance. Some agencies then include them all in "wrap-up" modifications.. The industry is now planning to fight back with proposed legislation. I didn't see a description in the WIFCON "Contracting Bills in Current Session" page at http://www.wifcon.com/todayslegislation.htm yet. However, a coalition of design and construction industry groups has recently been working with some congressional members and their staffs to work up a proposed bill that would require government agencies to notify Congress of their policies and typical timeframes for resolving REA's and unpriced changes. The proposal would also require some sort of interim payments by as much as 50% of the REA or unpriced change, while the Agency has the action to resolve.