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The Professor’s Forum September 28: Request for Equitable Adjustments & Claims
September 28 @ 12:00 pm - 1:15 pm$189
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. Join Professor Nash and Tim Sullivan as they 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. They will also delve into the important differences between a Request for Equitable Adjustment and a Claim, including the distinction between contract administration costs and the costs of prosecuting claims. 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
A Special Year for the Professor’s Forum
Experience this unique opportunity. This popular webinar series with Professor Ralph Nash is now a virtual class. Each month Professor Nash and Tim Sullivan will broadcast live training from PCI’s studio in Washington, DC. You can join us in person or log on and enjoy a dynamic dialogue with Ralph and Tim and learn about important contracting issues and best practices. This is also an excellent opportunity for you and your colleagues to join in a group environment and bring your questions.
Last Thursday of the Month (*exception)
12:00 pm – 1:15 pm (ET)
January 26: Competition
February 23: Evaluating Price & Cost Realism
March 30: Clarifications vs. Discussions
April 25*: Organizational Conflicts of Interest
May 25: Commercial Item Contracting
June 29: Constructive Changes
September 28: Request for Equitable Adjustments & Claims
October 26: Pricing Equitable Adjustments
*topics are subject to change*
Continuing Education Credits
1.0 credits per session; 10.0 credits for entire series
CPE (Business Law/Management Services/Finance)
1.5 credits per session; 12.0 credits for entire series
1.25 credits per session; 10.0 credits for entire series for AK, AZ, AR, CA, CO, FL, HI, ME, MT, NJ, NY, ND, OR, PA, VA, WI (if you need CLE for a state not listed, call us.)
0.125 credits per session; 1.0 CEU for the entire series
This course can be submitted to Project Management Institute (PMI) for PDU. Upon their approval, it may be worth 1.25 PDU credits per session; 10.0 PDU credits for entire series
The Public Contracting Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.