In a request for equitable adjustment, which term refers to the total amount of adjustments the contractor may receive?

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Multiple Choice

In a request for equitable adjustment, which term refers to the total amount of adjustments the contractor may receive?

Explanation:
In an equitable adjustment, the amount a contractor may receive is described as the quantum. This term refers to the total monetary value of the adjustment, including allowable direct costs, indirect costs, and profit, tied to the contract change. Entitlement is about whether the contractor has the right to an adjustment at all, not how much it will be. A change order is the formal document that authorizes the change, and settlement is the negotiated agreement to resolve the claim, which may set the final quantum but isn’t the term for the amount itself.

In an equitable adjustment, the amount a contractor may receive is described as the quantum. This term refers to the total monetary value of the adjustment, including allowable direct costs, indirect costs, and profit, tied to the contract change. Entitlement is about whether the contractor has the right to an adjustment at all, not how much it will be. A change order is the formal document that authorizes the change, and settlement is the negotiated agreement to resolve the claim, which may set the final quantum but isn’t the term for the amount itself.

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