
Get the free Addendum No 1 - Oak Ridge Ped Improvements FY2014-66
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ADDENDUM NO. 1 Date: October 7, 2013, To: All Bidders From: City of Oak Ridge Project: Oak Ridge Pedestrian Improvements Project FY201466 Bid Opening: October 10, 2013, at 2:00 pm (Eastern Time) This
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How to fill out addendum no 1:
01
Begin by carefully reviewing the original contract or agreement that the addendum relates to. Understand the terms and conditions mentioned in the original document.
02
Identify the specific changes or modifications that need to be made. These changes may include adding or removing certain clauses, extending deadlines, or altering payment terms, among others.
03
Clearly state the purpose and context of the addendum at the beginning of the document. This will help all parties involved understand the reason for the modifications being made.
04
Include a reference to the original contract or agreement, specifying the date, parties involved, and any other relevant details for easy identification.
05
List out the changes or additions in a clear and concise manner. Each modification should be numbered or bulleted, making it easy to refer to and understand.
06
Provide a thorough explanation for each change or addition. This explanation should clarify why the modification is necessary and how it benefits all parties involved.
07
If necessary, include any financial details or adjustments resulting from the addendum. This may involve revising payment schedules, pricing, or budget allocations.
08
Ensure that all parties involved in the original contract or agreement sign the addendum. This includes both the party requesting the modifications and the party or parties accepting the changes.
09
Distribute copies of the signed addendum to all relevant parties and keep a copy for your own records. This will help ensure transparency and provide a reference in case of any disputes or misunderstandings in the future.
Who needs addendum no 1:
01
Anyone who wants to make changes or modifications to an existing contract or agreement may need addendum no 1. This could include individuals, businesses, or organizations that need to update the terms, conditions, or provisions of a previous agreement.
02
Parties involved in a contract or agreement who have identified the need for modifications, such as extending deadlines, revising payment terms, or adding new clauses, may require addendum no 1 to formalize these changes.
03
Both parties involved in the original contract or agreement should agree on the need for an addendum. It is important to have mutual consent and understanding before proceeding with any modifications.
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Consult legal counsel or professionals experienced in contract law if you are unsure whether an addendum is necessary or how to properly execute it. They can provide guidance and ensure that all legal requirements are met.
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Addendum no 1 is an additional document that is added to an original contract to modify or update the terms and conditions.
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The party or parties involved in the original contract are required to file addendum no 1.
How to fill out addendum no 1?
Addendum no 1 should be filled out by clearly stating the changes or additions being made to the original contract.
What is the purpose of addendum no 1?
The purpose of addendum no 1 is to make changes or additions to the original contract without having to create an entirely new agreement.
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Addendum no 1 must include details of the changes or additions being made to the original contract.
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