[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 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.  50.302-2  Correcting mistakes.

    (a) A contract may be amended or modified to correct or mitigate the 
effect of a mistake. The following are examples of mistakes that may 
make such action appropriate:
    (1) A mistake or ambiguity consisting of the failure to express, or 
express clearly, in a written contract, the agreement as both parties 
understood it.
    (2) A contractor's mistake so obvious that it was or should have 
been apparent to the contracting officer.
    (3) A mutual mistake as to a material fact.
    (b) Amending contracts to correct mistakes with the least possible 
delay normally will facilitate the national defense by expediting the 
contracting program and assuring contractors that mistakes will be 
corrected expeditiously and fairly.