What Is Supplementary Agreement In Construction

The name of this kind of contract is quite self-explanatory. In a compensation agreement, the parties indicate the amount that was paid to the other party in compensation for the conclusion of a deed. Since the compensation agreement must be amended, these agreements generally contain a detailed payment schedule and the manner in which payments are made. Sometimes approval is just an exchange of letters and the focus is on solving the immediate problem rather than ensuring that the rest of the project goes smoothly. If this is the case, the difficult question of which document should prevail in the event of a conflict must be taken into account. At this stage, it is also important that any document purporting to amend the previous agreement adopts, as far as possible, the same terminology that is consistent with the previous agreement and that is clear as to the intent of the supplementary agreement. Approval (SA) is a formal agreement between the parties to amend the contract. Complementary agreements are far from being a quick solution to certain business problems or needs. They must be carefully studied, thought out and elaborated if they are not to create more problems than they solve.

In a way, nothing is worse than a dispute over a transaction contract or an approval, because the parties have, by nature, tried to agree and conclude things and not spend money and administration time on litigation. An endorsement (SA) is a formal agreement between the parties to amend the contract. If the employer decides, during the progress of the work, that additional work is needed so important or so important that it does not consider it appropriate to simply obtain an architect`s instruction, it can work towards it by a complementary agreement. In such cases, it is not uncommon for the employer`s lawyer or legal counsel to develop an endorsement that the contractor and the employer sign to deal with the additional work. If the work is started by the instruction of an architect, there is no problem, because the work is part of the work and covers all the conditions of the existing contract, which the parties have already carried out, the additional work. If the work is completed with an endorsement, it is essential that the endorsement include the additional work in the terms of the original contract.