How do I prepare a compliant request for equitable adjustment (REA)?
What does EA stand for?
EA stands for Equitable Adjustment (contract)
This definition appears frequently and is found in the following Acronym Finder categories:
- Military and Government
See other definitions of EA
We have 103 other meanings of EA in our Acronym Attic
- Environmental Auditing
- Epileptic Arousal Reaction (neurology)
- Epileptiform Activity (neurology)
- Episcopal Academy (Pennsylvania)
- Episodic Ataxia
- Épreuves d'Artiste (French: artist's proof)
- Equal Access
- Equal Angle
- Equilibrated Aggregate (interplanetary dust particle)
- Equipment Alignment
Samples in periodicals archive:
Among other claims, the company asserted that the Village violated the Public Construction Contract Act of Illinois, which requires governmental units in Illinois to make an equitable adjustment to the contract price when differing site conditions are properly reported and the governmental unit directs the project to continue.
CLOSING REMARKS Managing contracts in today's PBSA environment demands leadership's unwavering commitment to build a contracting organization that will not find their contracting professionals continually divided between chairing a source selection committee and negotiating multi-million dollar equitable adjustments.
Immediately before the AGC vote, Mary Peters, Administrator of the Federal Highway Administration (FHWA), announced in an address to AGC's Highway and Transportation Division and a letter handed to AGC Chief Executive Officer Stephen Sandherr that FHWA "supports the appropriate use of price adjustment clauses for products, including steel, when they can reduce contingencies in construction bids and provide for an equitable adjustment for costs that may increase during the life of a project.
There must be some equitable adjustment of this question.
Recovery for changes usually is permitted only when such extra work is performed pursuant to a written change order signed by an authorized person, but where the contractor appears justified in receiving an equitable adjustment in the contract price for extra work that had not been specifically authorized in writing, courts have been known to ignore the contract's requirement of a written change order.
b) Unlike the Labour Policy of the Ayub Regime which was tilted towards the employers and the Labour Policy of the Bhutto regime which was heavily tilted towards the workers, the new Labour Policy must contain concrete measures to find a just and equitable adjustment between the rights and obligations of both the workers and the employers.