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Addendum No. 1 to Packet No. 4916 Demolition of the Grandstand at the Ingham County Fairgrounds The following clarifications, modifications and/or revisions to the above project shall be considered
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How to fill out addendum no 1 to:
01
Read the original contract: Before filling out addendum no 1, it is crucial to thoroughly review the original contract that the addendum will be attached to. This will ensure that you understand the existing terms and conditions and can effectively make any necessary changes.
02
Determine the purpose of the addendum: Identify the specific reason why addendum no 1 is required. Whether it is to revise certain clauses, add additional terms, or address any amendments, having a clear understanding of the purpose will help you accurately complete the addendum.
03
Clearly state the document title: Begin by writing "Addendum No 1 to [original contract name]" at the top of the document. This ensures that it is distinct and directly associated with the original contract.
04
Insert the effective date: In the addendum, specify the date upon which the addendum will come into effect. This date should be after the effective date of the original contract but before any relevant deadlines or milestones.
05
Describe the changes or additions: In a concise and clear manner, outline the modifications or additional terms that need to be included in the addendum. This can include revised payment terms, updated project scope, or any other pertinent details. Make sure to reference the specific sections or clauses of the original contract that are being altered.
06
Provide a rationale: It is essential to explain the reasons behind the changes or additions being made. Whether it is due to unforeseen circumstances, evolving business needs, or legal requirements, a clear rationale will help all parties understand the purpose and intent of the addendum.
07
Signatures and dates: Ensure that all relevant parties involved in the original contract sign and date the addendum. This includes both the individuals or entities who are executing the original contract and any new signatories who need to be included due to the addendum.
Who needs addendum no 1 to:
01
Businesses or organizations who have already entered into a contract: If there is a need to make amendments or modifications to an existing contract, an addendum may be necessary. This can occur when there are changes in project scope, financial terms, or other contractual obligations.
02
Individuals or entities seeking legal compliance: In situations where the law requires certain changes or additions to an existing contract, an addendum may be required. This ensures that all parties involved are in compliance with relevant regulations or statutes.
03
Parties looking to clarify or expand contractual terms: Sometimes, addendum no 1 may be needed to provide further clarification or expansion of specific terms within the original contract. This can help avoid any misunderstandings or ambiguities down the line and ensure that all parties are on the same page.
Overall, the addendum no 1 serves as a legal document that enables parties to modify, clarify, or amend an existing contract. It is essential to follow the correct procedures and adhere to the original contract's terms when filling out the addendum.
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What is addendum no 1 to?
addendum no 1 is an additional document or form that is attached to a main document or agreement to make amendments or provide additional information.
Who is required to file addendum no 1 to?
The party or parties involved in the original document or agreement are required to file addendum no 1.
How to fill out addendum no 1 to?
Addendum no 1 should be filled out by providing the necessary information or amendments in the designated sections of the form.
What is the purpose of addendum no 1 to?
The purpose of addendum no 1 is to make changes, additions, or clarifications to the original document or agreement.
What information must be reported on addendum no 1 to?
Addendum no 1 must include details of the amendments, additions, or clarifications being made to the original document or agreement.
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