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AMENDMENT OF SOLICITATION/MODIFICATION OF CONTRACT 2. AMENDMENT/MODIFICATION NUMBER29 6. ISSUED BYCODE1. CONTRACT ID CODEPAGEOFPAGES123. EFFECTIVE DATE4. REQUISITION/PURCHASE REQUISITION NUMBER5.
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01
Determine the scope and nature of the modification needed for FAR 42.
02
Identify the specific changes required for the bilateral modification.
03
Coordinate with the contracting officer to draft the bilateral modification document.
04
Ensure all necessary information, such as dates, parties involved, and contract details, are included in the document.
05
Review the draft carefully to ensure accuracy and completeness.
06
Obtain signatures from all parties involved in the modification.
07
Submit the completed bilateral modification document to the contracting officer for approval and implementation.

Who needs bilateral modificationfar 42?

01
Contractors who have entered into a federal contract governed by FAR 42 may need a bilateral modification to make changes to the contract terms and conditions.
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Bilateral modificationfar 42 is a modification to a contract that involves changes made by both parties, usually the buyer and seller.
Both parties involved in the contract, typically the buyer and seller, are required to file bilateral modificationfar 42.
To fill out bilateral modificationfar 42, both parties must agree on the changes to the contract and document them in writing.
The purpose of bilateral modificationfar 42 is to formally document any changes made to a contract by both parties.
The bilateral modificationfar 42 must include details on the changes made to the original contract, as well as the reasons for these changes.
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