Article Date: 10/29/2007

PROFIT EXCLUDED FROM DEDUCTIVE CREDIT WHEN CONTRACTOR IS IN LOSS POSITION

Armed Services Board of Contract Appeals

Appeal of Fru-Con Construction Corp.

No. 55248
October 4, 2007

Overview

The Armed Services Board of Contract Appeals (ASBCA) has ruled that the government’s credit for a reduced scope of work could not include a profit mark-up if a contractor was in a loss position at the time the deductive change order ... Log in to view the full text.

NOT YET A SUBSCRIBER?

Purchase a Subscription
with a money-back guarantee
and immediate access

Already a member?

Email: REQUIRED

Password: REQUIRED

Forgot your password? Click here to have your password emailed to you.