Request for Equitable Adjustment (REA)
Request for Equitable Adjustment (REA) is a formal document submitted by usually a contractor or subcontractor, to seek compensation or modification of the terms of a contract due to unforeseen changes or circumstances that have impacted the performance of the contract. Whether you are a contractor needing to prepare a request for equitable adjustment (REA), or an owner having to respond to one, HSE has the team and experience you need.
For contractors, HSE can evaluate the project delays and actual progress to help develop and substantiate an REA. We assist clients in a variety of construction industries by offering strategic insights and support including analyzing the delays, documentation, schedules, and costs to determine the contractor’s entitlement for cost and schedule adjustments. Should an REA be determined to be an appropriate course of action, HSE’s consultants have the knowledge and experience to assist with developing a strategic approach, preparing, and presenting the REA in a way that will maximize the potential for recovering potential losses. A thorough analysis of project contracts and documentation along with effective written and graphical illustrations of the facts is critical for the support of a claim.
HSE can also support owners with evaluating and responding to an REA by assessing entitlement, substantiation, and reasonableness of costs and CPM Schedule requests. HSE’s experience with construction projects, contracts, and disputes across a broad range of industries and locations can provide owners with the expertise needed to defend a position and respond properly to the request.
HSE’s expertise can help promote a timely, reasonable resolution to an REA. HSE’s experience includes but is not limited to:
- Contract Scope Changes
- Unforeseen and Differing Site Conditions
- Defective and Deficient Contract Documents
- Construction Means and Methods
- Management Issues
- Schedule Delay and Disruption
- Payments
- Contract Termination or Suspension
- Cost of Corrective Work
- Loss of Productivity
- Constructive and Directed Change
- Construction Acceleration
- Assessment of Force Majeure Delays
If you’re looking for assistance with the request for equitable adjustment process, look no further as HSE’s team is right for you. Our experts are ready to tackle the claim and fight to get you the results you want regardless of the challenges. Contact us today to find out how we can help.
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