Expertise in Federal Contract Regulations
Request for Equitable Adjustment (REA)
In the complex world of Federal Government Contracts, unforeseen changes—whether due to scope modifications, differing site conditions, or other unexpected factors—can significantly affect project timelines and costs. When such situations arise, a Request for Equitable Adjustment (REA) becomes essential to secure additional compensation or time extensions. At Scope-PM, we specialize in guiding our clients through the intricate process of preparing and submitting REAs, ensuring compliance with federal regulations and maximizing your chances of successful recovery.Navigating the Federal Acquisition Regulation (FAR) process is at the heart of our REA services. Our team ensures that every aspect of your request aligns with key FAR regulations, including:
FAR Part 15 (Contracting by Negotiation): Ensuring proper documentation and negotiation tactics to achieve favorable outcomes.
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FAR Subpart 43.2 (Change Orders): Managing contract changes efficiently, including cost and time impacts resulting from scope changes.
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FAR Part 52 (Solicitation Provisions and Contract Clauses): Ensuring all provisions and clauses are addressed in the REA process.
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By adhering to these critical FAR parts, we ensure that your request is prepared with accuracy and thoroughness, protecting your interests while maintaining compliance with federal standards.
Comprehensive Cost Impact Analysis
A successful REA is built on a detailed understanding of how contract modifications impact costs. At Scope-PM, we conduct thorough Cost Impact Analyses to assess the financial implications of:
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Cardinal Changes: Fundamental changes that significantly alter the scope or nature of the contract.
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Contract Modifications: Adjustments to the original contract, whether initiated by the government or due to unforeseen circumstances.
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Differing Site Conditions: Unforeseen physical conditions that impact project execution.
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Our detailed analyses ensure that all relevant costs—whether labor, materials, or time-related—are captured and justified, setting the foundation for a successful REA submission.
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Compliance with Cost Accounting Standards and TINA
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To ensure that your REA is accepted, we prepare Certified Cost or Pricing Data in compliance with Cost Accounting Standards (CAS) and the Truth in Negotiations Act (TINA). This involves gathering detailed, certified financial data that accurately reflects the cost impact of changes, delays, or other unforeseen circumstances. Our meticulous documentation meets all federal requirements, making your case for additional compensation or time extensions indisputable.
Addressing Government-Furnished Property (GFP) Changes and Delays
Many federal contracts involve the use of Government-Furnished Property (GFP), and any delays or changes related to GFP can have a significant impact on project costs and timelines. At Scope-PM, we ensure that these impacts are fully accounted for in your REA, whether due to:
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Changes in GFP availability: Adjusting project schedules and costs based on delayed or modified GFP delivery.
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Directives under the Changes Clause: Accounting for additional work or adjustments ordered by the government.
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Our expertise in handling GFP-related REAs ensures that you are fairly compensated for these changes, safeguarding your financial interests and project timelines.
Why Choose Scope-PM for Your REA?
At Scope-PM, we offer a combination of deep regulatory expertise, meticulous cost analysis, and thorough documentation that ensures your REA is positioned for success. Our approach includes:
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Compliance with Federal Regulations: Every REA is carefully crafted to meet the requirements of FAR, CAS, and TINA, ensuring it adheres to all federal contracting standards.
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Expert Negotiation Support: We leverage our deep understanding of federal contracts to effectively advocate on your behalf during negotiations, ensuring you receive fair compensation or appropriate schedule extensions.
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Thorough Documentation: Our team ensures every cost and delay is accurately documented and justified, creating a robust REA that is difficult to dispute.