contract modification definition

contract modification

Written, unilateral (but within the scope of changes clause), or mutually agreed upon (bilateral), change. A contract modification may introduce or cancel specifications or terms of an existing contract, while leaving intact its overall purpose and effect. Unilateral modifications are issued usually through a change order (modification order), the bilateral ones through a supplemental agreement. Also called contract amendment or modification of a contract.

contract modification is in the Agreements & Contracts and Purchasing & Procurement subjects.

contract modification appears in the definitions of the following terms: modification of a contract and contract amendment

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