TTF, L.L.C.
TTF, L.L.C. appealed a contracting officer's decision denying its claim of duress in accepting a termination settlement. The Board denied the appeal, affirming the validity of the settlement.
Material Facts
- The United States Air Force awarded Contract No. FA8251-09-C-0048 to TTF on 28 September 2009.
- The contract was a firm fixed-price contract in the amount of $156,000.
- Modification No. P00002 terminated the contract for convenience on 5 January 2012.
- TTF submitted a settlement proposal seeking $93,980.50 on 5 January 2012.
- DCAA issued an audit report on 7 December 2012, concluding that TTF's proposal was not acceptable for negotiation.
- TTF received a settlement offer of $27,340 on 22 March 2013, which it accepted while reserving its rights.
- TTF later filed a claim on 13 February 2014, contending it accepted the settlement under financial duress.
- The CO issued a final decision denying TTF's claim on 1 May 2014, citing accord and satisfaction.
Parties
- Appellant
- TTF, L.L.C.
- Contract Number
- FA8251-09-C-0048
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