Better RFP Responses & Management
 
Tag: <span>Terms starting with C</span>

Term: Change Order

A contract amendment that adds to or deletes from the contracted scope of work. Can reflect many things, from the client’s lack of attention to specifying the Work completely in the first place, to new circumstances, to the contractor’s wiliness to bidding what appeared to be a complete solution but was not.

Term: Contract

Primarily the legal agreement between the client and the contractor that specifies the terms and conditions under which the Work is to be delivered. In some industries, however, it refers to the body of Work executed by the contractor under the contract: what some other industries refer to as a project.