Contract variation is what happens when parties decide to perform part of a contract differently from the way they'd originally agreed in the document. Varying a contract allows legal and business teams to change certain terms or obligations later down the line, without needing to scrap or redraft the entire contract.
Contract variation is what happens when parties decide to perform part of a contract differently from the way they'd originally agreed in the document. Varying a contract allows legal and business teams to change certain terms or obligations later down the line, without needing to scrap or redraft the entire contract.
How Construction Companies Deal with Variations
We have looked at how companies in general deal with changes to the work outlined in a contract. In construction, though, a distinction is made b… Changes in Law – The Common Law Position
In the absence of express provisions to the contrary, there is normally an implied term in a contract that the contractor will not complete the work in a ma… Construction Contract Approach to Changes in Law
Construction contracts will generally expressly provide for how to deal with the effects of changes in law on a project.
When is a contract variation used?
Contract variations are typically used in situations where the circumstances have changed since the original contract was signed. As a result of th...
How far can parties vary a contract?
The whole point of a contract variation is that it allows parties to change part of a contract without having to rewrite it entirely. This means th...
Do you need to vary a contract using a deed?
Generally speaking, you do not need to use a deed to vary a contract. However, there are some exceptions to this rule. For example, you will need t...
Is a contract variation a new contract?
A contract variation is not a new contract. Instead, it is an update to the existing contract, which means there’s no need to create a new contract...
What is a contract variation letter?
A contract variation letter is a type of legal document used to outline the agreed changes to the existing contract and confirm that the contract h...
What is a variation clause?
A variation clause is a clause within a contract that discusses the rules around how and when a contract can be varied - if at all. This variation...
Can you vary a contract without a variation clause?
It is possible to vary a contract if it doesn’t include a variation clause. But the general rule is that all parties must agree to the variation.