oboloo

oboloo Glossary

Amend A Contract

oboloo Glossary

Amend A Contract

Amend A Contract Definition

When two or more parties agree to make changes to a contract, they are said to be amending the contract. An amendment can be made to any type of contract, including but not limited to business contracts, employment contracts, and lease agreements. The amendment process typically involves all parties involved in the original agreement meeting to discuss the proposed changes, after which the amendments are drawn up in writing and added to the existing contract. All parties must then sign off on the amended contract for it to be considered valid.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971