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Contract Modification Cost Worksheet 10CM # Contractor / Consultant Information Company: ABC Construction Contact Person: Rick Jones Street: 123 State St. City, State, Zip: Chicago, IL 60606 Telephone:
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A contract modification cost worksheet is a document used to outline and calculate the costs associated with modifications made to an existing contract, ensuring all changes are properly documented and accounted for.
Typically, contractors or parties involved in a government contract or federally funded project are required to file a contract modification cost worksheet whenever there are changes to the scope of work or costs.
To fill out a contract modification cost worksheet, one should provide detailed information about the proposed modifications, including itemized costs, justifications for the changes, and supporting documentation to validate the expenses.
The purpose of the contract modification cost worksheet is to provide a clear and organized way to document and justify any changes in contract costs or scope, ensuring transparency and compliance with regulations.
The worksheet must report information such as the description of modifications, detailed cost breakdown, rationale for changes, original contract terms, and any relevant supporting documents.
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