Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.50.103-3 Contract adjustment
Current as of October 02, 2022 | Updated by FindLaw Staff
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(a) Contractor requests. A contractor seeking a contract adjustment shall submit a request in duplicate to the contracting officer or an authorized representative. The request, normally a letter, shall state as a minimum—
(1) The precise adjustment requested;
(2) The essential facts, summarized chronologically in narrative form;
(3) The contractor's conclusions based on these facts, showing, in terms of the considerations set forth in 50.103–1 and 50.103–2, when the contractor considers itself entitled to the adjustment; and
(4) Whether or not—
(i) All obligations under the contracts involved have been discharged;
(ii) Final payment under the contracts involved has been made;
(iii) Any proceeds from the request will be subject to assignment or other transfer, and to whom; and
(iv) The contractor has sought the same, or a similar or related, adjustment from the Government Accountability Office or any other part of the Government, or anticipates doing so.
(b) Contractor certification. A contractor seeking a contract adjustment that exceeds the simplified acquisition threshold shall, at the time the request is submitted, submit a certification by a person authorized to certify the request on behalf of the contractor that—
(1) The request is made in good faith; and
(2) The supporting data are accurate and complete to the best of that person's knowledge and belief.
Cite this article: FindLaw.com - Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.50.103-3 Contract adjustment - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-48-federal-acquisition-regulations-system/cfr-48-50-103-3.html
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