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ADDENDUM NO.1 June 7, 2013, Name of Work: Tender for Electrical works for Construction of New Building (G+3) for Chemical Sciences (Package1) at DISC Campus, Bangalore NIT NO.SRO/MKT/TH/203 DT. 28.05.2013
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How to fill out addendum no-1:
01
Read the original agreement or contract: Before filling out addendum no-1, it is important to thoroughly read and understand the original agreement or contract to ensure that you are aware of any specific terms or conditions that may require modification or addition.
02
Identify the need for modification: Determine the specific areas or clauses within the original agreement that require modification or addition. This could be due to changes in circumstances, new obligations, or any other factors that may affect the terms of the agreement.
03
Clearly state the purpose of the addendum: In the addendum, clearly state the purpose and intent of the modification or addition. This will provide clarity for all parties involved and help to avoid any misunderstandings or conflicts in the future.
04
Include the necessary information: Provide all the necessary details in the addendum, such as names of the parties involved, effective date, and any specific terms that need to be modified or added. It is essential to be precise and specific to ensure that all parties are on the same page.
05
Review and seek legal advice if required: Before finalizing the addendum, carefully review all the information provided to ensure accuracy and consistency. If needed, consult with a legal professional to ensure that the addendum meets all legal requirements and protects the interests of all parties involved.
Who needs addendum no-1:
01
Individuals and businesses involved in an existing agreement or contract that requires modification or addition.
02
Parties who want to address any changes in circumstances, obligations, or other factors that may affect the terms of the original agreement.
03
Anyone who wants to ensure clarity and avoid conflicts or misunderstandings by formalizing changes to the original agreement through an addendum.
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What is addendum no-1?
Addendum no-1 is a supplemental document that is added to an original contract or agreement to modify or update certain terms or conditions.
Who is required to file addendum no-1?
The parties involved in the contract or agreement 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 to the original contract or agreement.
What is the purpose of addendum no-1?
The purpose of addendum no-1 is to make modifications or updates to the original contract or agreement without having to create a new document.
What information must be reported on addendum no-1?
Addendum no-1 must include details of the changes or additions being made to the original contract, along with the date and signatures of all parties involved.
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