Unit52ContractModificationandAdjustmentVIP专享VIP免费

UNIT 52: CONTRACT MODIFICATION AND ADJUSTMENTOctober 2003 Duty Modify or adjust a contract when needed. Overall Given a contract and a need for modification or adjustment. Conditions Standard Modify or adjust the contract efficiently, effectively, and fairly. Part A: Modifications Sub-Duty Modify a contract when needed. Sub-Duty Modify the contract using the type of contract modification that best fits the Standard acquisition situation. Part B: Equitable Adjustments Sub-DutyNegotiate an equitable adjustment when necessary for the acquisition situation. Sub-Duty Establish negotiation objectives and tradeoffs based on available Standardinformation. Negotiate the equitable adjustment. Prepare required contract documents and file documentation. 52-1 UNIT 52: CONTRACT MODIFICATION AND ADJUSTMENTOctober 2003 Part C: Extraordinary Contract Adjustments Sub-DutyComplete an extraordinary contract adjustment when necessary to facilitate the national defense. Sub-Duty Negotiate extraordinary relief for contractors when necessary to facilitate the Standardnational defense. Obtain Memorandum of Decision approval from an authorized official. Prepare, execute, and issue the required contractual documents. 52-2 UNIT 52: CONTRACT MODIFICATION AND ADJUSTMENTOctober 2003 Policies FAR Agency Suppl. Subject 4.2 Contract distribution. 4.6 Contract reporting. 4.9 Taxpayer identific ation number information. 5.001 Definition of contract action for synopsis does not include a modification within the scope and under the terms of the contract. 5.2 Synopsis of proposed contract actions. 6.3 Other than full and open competition. 8.716 Change of name and successor in interest procedures. 9.405-1(c) No extension of a contract with suspended or deb...