FAR 50.103-3 Contract adjustment

Subsection Federal Acquisition Regulation

Facts

Citation
FAR 50.103-3
Type
Subsection
Last amended
72 FR 63027 Effective Nov 7, 2007
Text as of
FAC 2026-01
Official text
acquisition.gov

Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this subsection.

Text

(a) Contractor requests. A contractor seeking a contract adjustment shall submit a request in duplicate to the contracting officer or an authorized representative. The request, normally a letter, shall state as a minimum-

(1) The precise adjustment requested;

(2) The essential facts, summarized chronologically in narrative form;

(3) The contractor’s conclusions based on these facts, showing, in terms of the considerations set forth in 50.103-1 and 50.103-2, when the contractor considers itself entitled to the adjustment; and

(4) Whether or not-

(i) All obligations under the contracts involved have been discharged;

(ii) Final payment under the contracts involved has been made;

(iii) Any proceeds from the request will be subject to assignment or other transfer, and to whom; and

(iv) The contractor has sought the same, or a similar or related, adjustment from the Government Accountability Office or any other part of the Government, or anticipates doing so.

(b) Contractor certification. A contractor seeking a contract adjustment that exceeds the simplified acquisition threshold shall, at the time the request is submitted, submit a certification by a person authorized to certify the request on behalf of the contractor that-

(1) The request is made in good faith; and

(2) The supporting data are accurate and complete to the best of that person’s knowledge and belief.

Federal Register history

Final rule Published Effective
Federal Acquisition Regulation; FAR Case 2006-023, SAFETY Act: Implementation of DHS Regulations 72 FR 63027 · FAC 2005-21

Sections cited

Quick answers

What is FAR 50.103-3?

FAR 50.103-3 is a subsection of the Federal Acquisition Regulation, titled "Contract adjustment".

When was FAR 50.103-3 last changed?

The most recent final rule on record is "Federal Acquisition Regulation; FAR Case 2006-023, SAFETY Act: Implementation of DHS Regulations" (72 FR 63027), published Nov 7, 2007 and effective Nov 7, 2007.

Are changes to FAR 50.103-3 proposed?

No proposed rule from the last 3 years is waiting on a final rule.

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