Which document formally requests an adjustment to the contract price or schedule?

The Request for Equitable Adjustment is the formal document utilized in the contracting process to seek an adjustment to the contract price or schedule due to changes in conditions, unforeseen circumstances, or other materials that affect contract execution. This document provides a structured way for contractors to present their case for adjustments, detailing the reasons for the request, the impact on costs or timelines, and justifying why these changes are necessary.

In contracting, the process for requesting changes is critical to maintaining clarity and ensuring all parties understand the rationale behind price or schedule adjustments. The presence of this request as a formal mechanism ensures that there is a documented basis for negotiation and agreement on changes, which is essential for maintaining contractual relationships.

The other choices, while related to the topic, serve different purposes. Some may pertain to adjustments or changes in specific scenarios but do not carry the same formal recognition for equitably handling contract modifications in a way that supports the contractor's need for adjustments due to unforeseen events or changes in the work scope.