Modification Law and Legal Definition
Modification is written change made to a contract. It may be unilateral in accordance with the changes clause in the contract or bilateral. Modification may introduce or cancel specifications or terms of a contract without effecting the purpose of the contract. Unilateral modifications are changed usually through a modification order and mutually agreed change is made by a supplemental agreement. It is also called contract amendment or modification of a contract.
The following is an example of a Federal statute defining the term modification.
According to 41 CFR 60-1.3 [Title 41 : Public Contracts And Property Management Subtitle B ; Other Provisions Relating To Public Contracts Chapter 60 ; Office Of Federal Contract Compliance Programs, Equal Employment Opportunity, Department Of Labor Part 60-1 ; Obligations Of Contractors And Subcontractors Subpart A ; Preliminary Matters; Equal Opportunity Clause; Compliance Reports ] Modification means “any alteration in the terms and conditions of a contract, including supplemental agreements, amendments, and extensions.”
