58167

Tri-County Contractors, Inc.

June 16, 2015Judge James
Denied / Government PrevailedAccord & Satisfaction / Release / WaiverContract Interpretation

Tri-County Contractors, Inc. appealed the contracting officer's denial of its claim for $242,830 under Contract No. N69450-10-C-3597. The Board ultimately denied the appeal, finding that the contractor's final release barred recovery.

Material Facts

  • Tri-County was proposed for debarment by the U.S. Department of Labor in 2010.
  • The contract was awarded to Tri-County on 20 July 2010 for a firm-fixed-price of $618,304.
  • Tri-County submitted a request for equitable adjustment for $156,150.80 on 25 February 2011.
  • Tri-County signed a final release on 15 December 2011 without reserving any claims.
  • The government paid the final contract balance of $9,676.85 on 17 January 2012.

Parties

Appellant
Tri-County Contractors, Inc.
Respondent Agency
Navy
Contracting Agency
Naval Facilities Engineering Command
Contract Number
N69450-10-C-3597
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