🖊️ Amendment agreement
An amendment agreement is a document that is used to make changes to an existing contract. The amendment agreement will list the changes that are being made and the parties that are agreeing to the changes. The amendment agreement will need to be signed by both parties in order to be valid.
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JCT Design And Build Contract Amendments Schedule
Publisher
Genie AIJurisdiction
England and WalesJCT Intermediate Building Contract - Schedule Of Amendments
This particular template, the Schedule of Amendments, is used when parties involved in a construction project wish to amend certain provisions of the standard JCT Intermediate Building Contract to better reflect their specific requirements and intentions. The template highlights the specific clauses and sections of the original contract that have been changed, deleted, or added, while providing clear and concise language to describe each amendment.
These amendments may include adjustments to payment terms, the scope of work, variations to the contract sum, extension of time provisions, dispute resolution procedures, and any other aspect of the contract that the parties deem necessary to modify.
By utilizing the JCT Intermediate Building Contract - Schedule of Amendments under UK law, the parties involved are able to accurately record and document any changes to the original contract, ensuring that all parties have a clear understanding of the revised terms and conditions. This template serves as a crucial legal tool to safeguard the interests of all stakeholders involved in the construction project, minimizing potential disputes or ambiguities that may arise due to the amendments made.
Publisher
Genie AIJurisdiction
England and WalesAssociated business activities
Amend JCT contract
An amendment to a JCT contract may be necessary when the scope of work changes, there is a change in the law that affects the contract, or when there is a need to make clarifications or corrections to the contract.
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