[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR50]



[Page 965]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 50_EXTRAORDINARY CONTRACTUAL ACTIONS--Table of Contents

 

                    Subpart 50.3_Contract Adjustments

 

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 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.