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equitable adjustment

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 386 U.S. 503 - Crown Coat Front Co. v. United States · 1967Most cited · 599 citing opinions

the contractor has agreed in effect to convert what otherwise might be claims for breach of contract into claims for equitable adjustment. The changes clause, for example, permits the Government to make changes in contract specifications. Such changes are not breaches of contract. They do give rise to claims for equitable adjustments which the Government agrees to make, if the cost of performance is increased or the time for performance changed.

Show all 2 Supreme Court definitions and how they changed over time 1942–1967