Claim Acquisition: A Comprehensive Guide to Legal Definitions and Rights

Definition & Meaning

A claim in the context of acquisition refers to a formal request made by one party in a contract, typically the contractor, seeking compensation or relief related to the contract. This request must be in writing and can involve demands for payment of a specific amount, adjustments to contract terms, or other forms of relief. It's important to note that if the claim involves an amount exceeding $100,000, it must be certified according to the Contract Disputes Act of 1978 to be considered valid. Routine requests for payment, such as invoices, do not qualify as claims unless they are disputed.

Table of content

Real-world examples

Here are a couple of examples of abatement:

Example 1: A contractor submits a written request for payment of $150,000 for additional work performed on a project. This request must be certified to be considered a valid claim under the Contract Disputes Act.

Example 2: A contractor submits an invoice for $50,000 for completed work. If the payment is disputed by the contracting officer, the contractor can convert this invoice into a claim by notifying the officer in writing.

Comparison with related terms

Term Definition Difference
Claim A formal request for payment or relief under a contract. Specific to contractual disputes and requires written documentation.
Demand A request for payment or action, not necessarily formal. Can be verbal or written and may not require the same formalities as a claim.
Invoice A document requesting payment for goods or services provided. Routine requests that are not disputed do not qualify as claims.

What to do if this term applies to you

If you believe you need to file a claim, begin by documenting your request in writing. Ensure that you include all relevant details and amounts. If your claim exceeds $100,000, consult the requirements for certification under the Contract Disputes Act. For assistance, consider using US Legal Forms to access templates that can help you draft your claim effectively. If your situation is complex, seeking professional legal advice may be beneficial.

Quick facts

  • Typical claim amount: Varies, but must be specific.
  • Jurisdiction: Federal contracts primarily.
  • Certification required: Yes, for claims over $100,000.
  • Common penalties for non-compliance: Potential denial of claims.

Key takeaways

Frequently asked questions

An invoice is a request for payment that is not necessarily disputed, while a claim is a formal demand that may involve disputes over payment or contract terms.