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Construction Agreement Addendum Template

contract
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100% found this document useful (1 vote)
1K views2 pages

Construction Agreement Addendum Template

contract
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

ADDENDUM TO CONSTRUCTION AGREEMENT

(Attachment to Original Construction Contract dated [Insert Date])

This Addendum is made and entered into this ___ day of ____________, 20___, by and between:

OWNER: [Owner’s Full Name / Entity]

Address: [Owner’s Address]

and

CONTRACTOR: [Contractor’s Full Name / Company Name]

Address: [Contractor’s Address]

WHEREAS, the parties entered into a Construction Contract on [Insert Date] for the
construction project located at [Project Site Address] (the "Original Contract");

WHEREAS, the parties wish to modify certain terms of the Original Contract due to [reason:
e.g., design revisions, site conditions, owner-requested changes, etc.];

NOW, THEREFORE, the parties agree to the following modifications and additions to the
Original Contract:

1. Scope of Work Adjustments


The Contractor shall perform the following additional or revised works:

 - [Description of additional work, materials, or services]


 - [Any revised plans, drawings, or technical specs may be referenced and attached]

2. Time Extension
Due to the additional scope, the completion date shall be extended by ___ calendar days.

New completion date: _______________

3. Cost Adjustment
The total contract price shall be adjusted as follows:
 - Original Contract Price: ₱ ___________
 - Additions/Reductions (this addendum): ₱ ___________
 - Revised Total Contract Price: ₱ ___________

Payment terms for this adjustment: [e.g., payable upon completion, to be included in next
progress billing, etc.]

4. Effectivity
This Addendum is effective upon the date of signing and shall form an integral part of the
Original Construction Contract.

5. No Other Changes
All other provisions of the Original Contract not amended by this Addendum shall remain in
full force and effect.

IN WITNESS WHEREOF, the parties have executed this Addendum as of the date first above
written.

OWNER:

Signature: ___________________________

Name:

Date:

CONTRACTOR:

Signature: ___________________________

Name:

Company:

Date:

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