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ADDENDUM #1 Public Works Transportation Jay Road Overlay BID # 718920 December 7, 2020, The attached addendum supersedes the original Information and Specifications regarding BID # 718920 where it
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How to fill out contract addendum vs amendment

01
Review the original contract to understand the terms that need to be modified or added.
02
Identify whether the changes needed are significant enough to require an addendum or if minor changes can be made through an amendment.
03
Create a new document for the addendum or use an existing agreement template.
04
Clearly state the parties involved, the original contract details, and the specific changes being made in the addendum.
05
Include any necessary signatures from all parties involved to make the addendum legally binding.
06
Distribute copies of the signed addendum to all parties for their records.

Who needs contract addendum vs amendment?

01
Anyone involved in a contract that needs to make changes to the original terms may require a contract addendum or amendment.
02
This could include businesses, individuals, organizations, or entities entering into agreements that need to be modified or updated.
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A contract addendum is used to add additional terms or make changes to an existing contract without altering the original document. On the other hand, a contract amendment is used to make changes to the existing terms of a contract.
Either party involved in the contract may initiate the filing of a contract addendum or amendment, depending on the agreement between the parties.
Contract addendum and amendment forms are typically filled out by specifying the changes or additional terms that need to be made to the original contract.
The purpose of a contract addendum is to add new terms or modify existing terms in a contract, while the purpose of a contract amendment is to change existing terms in a contract.
The information that must be reported on a contract addendum or amendment includes the specific changes or additional terms being made to the original contract.
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