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What should an addendum to a construction contract look like

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The addendum's type and verbiage needs to be the same as the original contract and must be signed by the writer of the addendum, all parties involved in the contract, and a notary with date of signature. Titles and conclusions are necessary elements of every contract addendum.

How do you write an addendum example?

For example, “This Addendum amends the Agreement dated [DATE] between [PARTY 1 NAME] and [PARTY 2 NAME].” Clear and specific language outlining the changes, clarifications or additions being made. This should leave no ambiguity regarding how the original contract is being modified.

What is an addendum in construction?

Addendum (Plural: Addenda): An attachment that adds to, clarifies, or modifies the bidding documents. During the bidding process, the owner generally issues an addendum to the contractor. Addenda are an essential component of the construction contract documents.

What is an addendum template?

An addendum is something added to a previously existing written document – usually a contract. Typically, it is either a more detailed explanation of something already noted in a contract or a proposed change to the contract.

What is the addendum to a contractor's contract?

A contract addendum is a post-contract attachment that modifies, alters, or totally changes some of the terms of a previously established contract. Typically, this adds something new to a preexisting document.

What is an addendum in construction drawings?

Addendum (Addenda)

Written information adding to, clarifying or modifying the bidding documents. An addendum is generally issued by the owner to the contractor during the bidding process and as such, addenda are intended to become part of the contract documents when the construction contract is executed.

What is the difference between an addendum and a revision?

An addendum is defined as a supplement or an addition to a document, while an amendment is defined as a change, revision or modification to a document.

Frequently Asked Questions

How do you document an addendum?

Your addendum needs to make it as clear as possible what changes it details and to which original contract. The first place you can ensure this is in your addendum title. Give the addendum a title that references the original agreement's name and date, and make it clear that it is indeed an addendum to that contract.

Where should an addendum go?

Don't leave it out – include it at the end of your Word document as an addendum.

What is an example of addendum?

For example, a contract to manufacture widgets may have an addendum listing the specifications for said widgets. As this modifies the original document, it should be signed or executed with the same formalities, unless the original document states otherwise.

FAQ

What is the difference between an amendment and an addendum?

A contract addendum is an additional document that is attached to the original contract. It is used to include supplementary information, such as additional terms, conditions or provisions. Unlike an amendment, an addendum does not modify the existing terms of the contract, but rather it expands upon them.

What is an example of an addendum?

For example, a contract to manufacture widgets may have an addendum listing the specifications for said widgets. As this modifies the original document, it should be signed or executed with the same formalities, unless the original document states otherwise.

What is the difference between a change order and an addendum in construction?

A Change Order is used to exchange or modify materials and/or work listed on the Scope for other materials or work. An Addendum is used to add additional work (labor and/or materials) to the Scope.

What should an addendum to a construction contract look like

Does an addendum modify a contract?

A contract addendum is an additional document that is attached to the original contract. It is used to include supplementary information, such as additional terms, conditions or provisions. Unlike an amendment, an addendum does not modify the existing terms of the contract, but rather it expands upon them.

What is the format of an addendum?

The addendum's type and verbiage needs to be the same as the original contract and must be signed by the writer of the addendum, all parties involved in the contract, and a notary with date of signature. Titles and conclusions are necessary elements of every contract addendum.

What does an addendum to a contract look like?

A proper addendum should include: A clear identification of the original contract and parties. This includes the date of the agreement and names of the parties involved. An introduction stating that the purpose of the addendum is to amend or modify the original contract.

  • How are addendums numbered?
    • Addendums are numbered consecutively starting with the number 1. The addendum number is to be shown inside of a triangular shape.

  • How do you write an addendum statement?
    • Simply state the discrepancy with specific details and the reason it occurred. Your addendum should be concise and straightforward. The more you say the more it sounds like an excuse rather than an explanation.

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