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NASCLAProcurement and Contracting Requirementsmedium

The weekly OAC agenda includes this unresolved item: what contract process adjusts a stated allowance after actual approved cost is known?

Correct Answer

B) Allowance reconciliation

Allowance reconciliation is the controlling requirement: the distractors are related-looking contract or field terms, but they do not match the cited requirement for review item 264.

Answer Options
A
Process the allowance balance as a negotiated change-order markup
B
Allowance reconciliation
C
Treat the allowance balance as a stored-material payment request
D
Treat the allowance balance as a substantial-completion checklist item

Why This Is the Correct Answer

Allowance reconciliation is the controlling requirement: the distractors are related-looking contract or field terms, but they do not match the cited requirement for review item 264.

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