Contract Disputes Act

[AI summary unavailable — showing source text] Contract Disputes Act - Declares that this Act applies to any contract entered into by any executive agency for the procurement of: (1) property (other than real property in being; (2) services; or (3) construction, repair, or maintenance of real property. Authorizes each executive agency to compromise any claim or dispute with a contractor. Provides that when no resolution of the dispute is achieved the contracting officer shall promptly issue a decision in writing, which shall be final unless the contractor seeks an appeal as provided by this Act. Allows a contractor within 30 days to seek an informal conference to consider the possibility of disposing of the claim by agreement. Establishes within the executive branch the Experimental Small Claims Panel of Contract Appeals with jurisdiction to settle contract claims or disputes where the amount involved is $25,000 or less. States that appeals from decisions by such Panel shall be made to a district court of the Court of Claims. Requires the Administrator for Federal Procurement Policy to report to Congress within 30 months after the effective date of this Act with respect to the effectiveness of the Panel. Permits an agency head …