Get the free Extension of existing contract for hiring of taxi services. - pec ac

PUNJAB ENGINEERING COLLEGE (Deemed to be University) Chandigarh Sector 12, Chandigarh 160012Etender document For Empanelment of vendors for providing of taxi services at PUNJAB ENGINEERING COLLEGE

How to fill out extension of existing contract

How to fill out extension of existing contract

1. Start by reviewing the existing contract to understand the terms and conditions that need to be extended.
2. Identify the specific sections or clauses in the contract that require extension.
3. Determine the duration of the extension and the specific changes or additions to be included.
4. Draft a formal extension agreement outlining the agreed-upon changes.
5. Ensure that both parties involved in the contract review and approve the extension agreement.
6. Sign and date the extension agreement to make it legally binding.
7. Keep a copy of the original contract, the extension agreement, and any related communication for future reference.

Who needs extension of existing contract?

1. Organizations or individuals who have an existing contract with another party and require an extension due to various reasons such as:
2. - A need for a longer duration of the agreement
3. - A need to modify or add specific terms and conditions
4. - A need to continue the contractual relationship beyond the original agreement period

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What is extension of existing contract?

An extension of an existing contract is a legal agreement that prolongs the duration of the contract beyond its original end date, allowing the parties to continue their obligations under the same terms.

Who is required to file extension of existing contract?

Typically, the party that wishes to continue the terms of the contract or the party that has the obligation to report such extensions must file for the extension.

How to fill out extension of existing contract?

To fill out an extension of an existing contract, you should provide the original contract details, specify the new terms including the extended end date, and obtain the necessary signatures from all parties involved.

What is the purpose of extension of existing contract?

The purpose of an extension of an existing contract is to allow the involved parties more time to fulfill their obligations or continue their business relationship without negotiating a new contract.

What information must be reported on extension of existing contract?

The information that must be reported includes the original contract date, the parties involved, the new end date, any changes to the obligations, and the signatures of all parties.