Board of Contract Appeals
                    General Services Administration
                         Washington, D.C. 20405
 
 
                 ______________________________________
 
                   GRANTED IN PART: February 16, 2001
                 ______________________________________
 
 
                              GSBCA 15477
 
 
                       BIOSPHERICS INCORPORATED,
 
                                             Appellant,
                                   v.
 
 
                    GENERAL SERVICES ADMINISTRATION,
 
                                             Respondent.
 
        Eric J.  Marcotte and  Adam B. Walker  of Winston  & Strawn,
   Washington, DC, counsel for Appellant.
 
        Michael J.  Ettner and Michael  D. Tully, Office  of General
   Counsel, General Services Administration, Washington, DC, counsel
   for Respondent.
 
   Before Board Judges BORWICK, NEILL, and WILLIAMS.
 
   NEILL, Board Judge.
 
       This case concerns a  dispute between appellant,  Biospherics
   Incorporated    (Biospherics),   and    the   General    Services
   Administration (GSA)  regarding a claim for  equitable adjustment
   under contract  numbers GS00K90AFC2893 and  GS00K94AFD2465.  Both
   contracts  were for the operation of a Federal Information Center
   responsible  for  the  dissemination  of  information  concerning
   various Government programs to members of the public.
 
       By  letter dated December  12, 2000, counsel  for Biospherics
   submitted a  claim for $1,591,127.44 for alleged increases in the
   cost of performing the  two aforesaid contracts with  GSA.  In  a
   decision  dated  December  20, 2000,  a  GSA  contracting officer
   denied this claim.  Biospherics promptly appealed the decision to
   this Board.   
 
       On February 15,  2001, counsel for GSA filed with the Board a
   stipulation of award executed by counsel for both parties.  Under
   the terms  of the stipulation the parties  agree that Biospherics
   should  be paid  a  total  of $1,288,598.18  as  full payment  of
   Biospherics' claim and all related matters.  Further, the parties
   have   agreed  that  the  awarded  amount  will  constitute  full
   satisfaction of Biospherics' claim.  Appellant has also agreed to
   waive any demands for interest (pursuant to the Contract Disputes
   Act of 1978 or any other legal authority).  
 
       Counsel have  requested  that the  Board adopt  the terms  of
   their stipulation and award the amount agreed upon.  We grant the
   request.   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., Thermal Management Inc. v. General Services Administration,
   GSBCA  14558,  99-1 BCA     30,354;  Earl  C. Wilson  v.  General
   Services Administration, 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. IV
   1998). 
 
 
 
                                     _______________________________
                                     EDWIN B. NEILL
                                     Board Judge
 
   We concur:
 
 
   _______________________________   _______________________________
   ANTHONY S. BORWICK                MARY ELLEN COSTER WILLIAMS
   Board Judge                       Board Judge