Board of Contract Appeals
                    General Services Administration
                         Washington, D.C. 20405
 
 
                        ________________________
 
                        GRANTED:  April 26, 1999
                       _________________________
 
 
                              GSBCA 14558
 
 
                       THERMAL MANAGEMENT, INC.,
 
                                             Appellant,
 
                                   v.
 
                    GENERAL SERVICES ADMINISTRATION,
 
                                             Respondent.
 
        Richard  S. Reizen and Ellen Chapelle of Kubasiak, Cremieux,
   Fylstra, Reizen & Rotunno, Chicago, IL, counsel for Appellant.
 
        Jeremy  Becker-Welts,  Office  of General  Counsel,  General
   Services  Administration,  Washington,  DC; and  Joel  D. Malkin,
   Office of  Regional  Counsel,  General  Services  Administration,
   Chicago, IL, counsel for Respondent.
 
   Before Board Judges DANIELS (Chairman), NEILL, and HYATT.
 
   NEILL, Board Judge.
 
        This dispute concerns Contract GS-05P-95-GBC-0004, which was
   awarded  to appellant,  Thermal Management,  Inc.  (TMI), by  the
   General Services Administration (GSA) in August 1995.   Under the
   contract,  TMI  was  to  replace  certain  automatic  temperature
   control systems with direct digital  control in the E. M. Dirksen
   Federal  Building in  Chicago,  Illinois.    TMI's  contract  was
   eventually terminated for the convenience of the Government.  
        Following  the termination  of its  contract  with GSA,  TMI
   submitted  a  termination  proposal to  the  contracting  officer
   seeking  recovery for termination  costs, work performed  but not
   yet paid for, and requests for  equitable adjustment, totaling in
   the  aggregate $1,024,408.    The parties  were  unable to  reach
   agreement  as   to  a   settlement.     The  contacting   officer
   subsequently  issued a  decision denying  the  majority of  TMI's
   claim and asserting  a Government claim against TMI  in excess of
   $500,000.  TMI then appealed the decision.  
 
        On  April 20,  1999, the  parties filed  a joint  motion for
   entry  of judgment  pursuant  to  a  settlement  agreement  dated
   February 23, 1999, and attached to their motion.  Under the terms
   of that agreement, GSA has  agreed to pay TMI in full  settlement
   of TMI's claims contained in this case the sum of  $515,000, plus
   interest  thereon  at the  rates  set  by  the Secretary  of  the
   Treasury for the Renegotiation Board (pursuant to  Public Law 92-
   41 (85 Stat. 97)) from January 7, 1997, until paid.  GSA also has
   agreed  to release  all Government  claims  asserted against  TMI
   arising from performance of Contract GS-05P-95-GBC-0004.  
        Rule   136(e)  permits  the  Board  to  adopt  the  parties'
   stipulation of settlement, by decision, and it provides that such
   decisions are adjudications of the  appeals on their merits.  See
   e.g., Earl C. Wilson, GSBCA 13152, et al., 98-2 BCA   29,934.  
 
        This  appeal  is  GRANTED in  accordance  with  the parties'
   stipulated  settlement.    The  award  is to  be  paid  from  the
   permanent indefinite  judgment fund, 31  U.S.C.   1304  (Supp. II
   1996). 
 
 
 
                                      ______________________
                                      EDWIN B. NEILL
                                      Board Judge
 
   We concur:
 
 
   ______________________             ______________________
   STEPHEN M. DANIELS                 CATHERINE B. HYATT
   Board Judge                        Board Judge