Thorington Electrical and Construction Company
Thorington Electrical and Construction Company appealed for reimbursement of increased material costs under a firm fixed-price contract. The Board denied the appeal, ruling that the contractor bore the risk of cost fluctuations.
Material Facts
- The government awarded Contract No. FA3300-05-C-0015 to the appellant on 30 September 2005 for the construction of a new entry control facility.
- The contract was a firm fixed-price contract for the amount of $825,288.
- The contract included various standard clauses by reference, including FAR 52.243-4, Changes.
- The appellant submitted a certified claim for $764,813, which included a sub-claim for increased asphalt costs of $110,956.
- The contracting officer determined that the contract did not contain the Economic Price Adjustment clause and offered a compromise settlement of $26,635.83, which the appellant did not accept.
Parties
- Appellant
- Thorington Electrical and Construction Company
- Respondent Agency
- Department of the Air Force
- Contracting Agency
- Department of the Air Force
- Contract Number
- FA3300-05-C-0015
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