[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR50]

[Page 949-950]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 50_EXTRAORDINARY CONTRACTUAL ACTIONS--Table of Contents
 
                    Subpart 50.3_Contract Adjustments
 
Sec.  50.301  General.

    The fact that losses occur under a contract is not sufficient basis 
for exercising the authority conferred by the Act. Whether appropriate 
action will

[[Page 950]]

facilitate the national defense is a judgment to be made on the basis of 
all of the facts of the case. Although it is impossible to predict or 
enumerate all the types of cases in which action may be appropriate, 
examples are included in 50.302 below. Even if all of the factors in any 
of the examples are present, other considerations may warrant denying a 
contractor's request for contract adjustment. The examples are not 
intended to exclude other cases in which the approving authority 
determines that the circumstances warrant action.