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Amendment To Construction Contract
"I need an Amendment to Construction Contract to extend the project completion date to March 15, 2025, and increase the contract value by 15% due to additional foundation work required after discovering unexpected soil conditions."
1. Parties: Identification of all parties to the original construction contract and this amendment
2. Background: Reference to the original contract, its date, and reason for amendment
3. Definitions: Key terms used in the amendment, including reference to definitions in the original contract
4. Reference to Original Contract: Specific identification of the original contract including date, parties, and subject matter
5. Effective Date: When the amendments take effect
6. Amendments: Detailed description of specific changes to the original contract, clearly referencing affected clauses
7. Confirmation of Other Terms: Statement that all other terms of the original contract remain unchanged
8. Authority: Confirmation that signatories have authority to execute the amendment
9. Governing Law: Confirmation that Philippine law continues to govern
10. Execution: Signature blocks and execution formalities
1. Price Adjustment: Include when the amendment involves changes to contract price or payment terms
2. Timeline Modification: Include when changing project schedules or milestone dates
3. Scope Changes: Include when modifying the scope of work or specifications
4. Additional Warranties: Include when new warranties are required for additional work or modified scope
5. Force Majeure Update: Include when updating force majeure provisions in light of new circumstances
6. Insurance Requirements: Include when modifying insurance obligations
7. Performance Security: Include when changing performance bond or security requirements
8. Dispute Resolution Modifications: Include when updating dispute resolution procedures
1. Schedule of Amendments: Detailed list of all specific changes to clauses in the original contract
2. Revised Price Schedule: Updated pricing details if prices are being modified
3. Updated Works Schedule: Revised timeline and milestone dates if applicable
4. Modified Scope of Work: Detailed description of changes to the scope of work
5. Updated Technical Specifications: Any changes to technical requirements or specifications
6. Revised Drawings: Updated construction drawings if applicable
7. Performance Metrics: Any revised performance criteria or requirements
8. Required Permits: List of additional permits required due to changes
Authors
Construction
Real Estate Development
Infrastructure
Commercial Property
Residential Development
Industrial Construction
Public Works
Engineering Services
Architecture and Design
Project Management
Legal
Operations
Project Management
Construction Operations
Commercial
Procurement
Risk and Compliance
Finance
Technical Services
Contract Administration
Project Manager
Construction Manager
Contract Administrator
Legal Counsel
Chief Executive Officer
Operations Director
Site Supervisor
Procurement Manager
Commercial Director
Project Engineer
Quantity Surveyor
Risk Manager
Compliance Officer
Finance Director
Technical Director
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