Specify the terms of a project extension.Unlike an amendment, which alters the contract itself, an addendum keeps the original contract unchanged and adds new terms or clarifications. What is a contract addendum?Īn addendum is a separate document that you attach to the original contract. Just like the original contract, both parties must agree to the changes, and it's wise to capture those signatures in writing. Changing the scope of work in a projectĪmendments are legally binding.It serves to modify specific clauses or conditions that both parties agree upon, without altering the entire contract. What is a contract amendment?Īn amendment is a formal, legally binding change to the original terms of a contract. Fear not, we're here to unravel the mystery for you - in plain English. Been handed a contract and unsure of the difference between an amendment and an addendum? We've all been stumped by the grammatical minefield of legalese at one point.
