Request for Equitable Adjustment (REA)
Whether you are a contractor needing to prepare a request for equitable adjustment (REA), or an owner having to respond to one, Spire has the team and experience you need.
For contractors, Spire can evaluate the project events and performance to help develop and substantiate an REA. We assist clients in all construction industries by offering strategic insights and support including analyzing the events, 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, Spire’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 position.
Spire can also support owners with evaluating and responding to an REA by assessing entitlement, substantiation, and reasonableness of costs and schedule requests. Spire’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 to the request.
Spire’s expertise can help promote a timely, reasonable resolution to an REA. Spire’s experts have experience in a broad range of REA types, including:
- Scope Changes
- Unforeseen and Differing Site Conditions
- Assessment of Force Majeure Events
- Defective and Deficient Contract Documents
- Construction Means and Methods
- Management Issues
- Tort Claims
- Schedule Delay and Disruption
- Contract Termination or Suspension
- Cost of Corrective Work
- Loss of Productivity
- Constructive and Directed Change
- Construction Acceleration
If you’re looking for assistance with the request for equitable adjustment process, Spire’s team is right for you. Our experts are ready to step in, no matter the situation. Contact us today to find out how we can help.