[Code of Federal Regulations]

[Title 48, Volume 5]

[Revised as of October 1, 2006]

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

[CITE: 48CFR750.7106-3]



[Page 53]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

             CHAPTER 7--AGENCY FOR INTERNATIONAL DEVELOPMENT

 

PART 750_EXTRAORDINARY CONTRACTUAL ACTIONS--Table of Contents

 

  Subpart 750.71_Extraordinary Contractual Actions To Protect Foreign 

                  Policy Interests of the United States

 

Sec. 750.7106-3  Mistakes.



    A contract may be amended or modified to corrrect or mitigate the 

effect of a mistake, including the following examples:

    (a) A mistake or ambiguity which consists of the failure to express 

or to express clearly in the written contract the agreements as both 

parties understood them;

    (b) A mistake on the part of the contractor which is so obvious that 

it was or should have been apparent to the contracting officer; and

    (c) A mutual mistake as to a material fact.



Amending contracts to correct mistakes with the least possible delay 

normally will protect the foreign policy interests of the United States 

by expediting the procurement program and by giving contractors proper 

assurance that such mistakes will be corrected expeditiously and fairly.