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Since the negotiations turned out unsuccessful, the Claimant filed with the RAC to recover the debt under the contract and the late payment interest under the Thailand Civil and Commercial Code. Contractor v. Employer (Award), CRCICA Case No. Claimant v. Respondent (Award), RAC Case No. Claimant v. Respondent (Award), RAC Case No.
“HomeSafe’s pricing was bid in 2019, and we’ve seen a lot of inflation in our industry. We’d be paid less than we were being paid in 2019, and then you add on all these costs, and there’s just not enough dollars.” We’ve had negotiations with TRANSCOM to adjust for the inflation that’s occurred.
” [5] Iron ore prices are down from 2021, but still above 2015-2019 averages. “In For contracts being developed or negotiated during this period of unusually high inflation, an EPA clause may be an appropriate tool to equitably balance the risk of inflation between the Government and contractor.
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