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SOW Amendment
"I need a SOW Amendment to modify our existing IT services agreement dated January 15, 2025, to add three new deliverables and extend the project timeline by 6 months."
1. Parties: Identification of the parties to the original SOW and confirmation that they remain the same for this amendment
2. Background: Reference to the original SOW including its date and any previous amendments, and brief context for why this amendment is needed
3. Definitions: Key terms used in the amendment, incorporating definitions from the original SOW and any new terms specific to the amendment
4. Amendment Details: Clear statement of which sections of the original SOW are being modified, removed, or added
5. Effective Date: Specification of when the amendments take effect
6. Confirmation of Other Terms: Statement that all other terms and conditions of the original SOW remain unchanged and in full force and effect
7. Counterparts and Execution: Provisions for how the amendment can be executed, including electronic execution if applicable
1. Consideration: Include when there are changes to pricing or payment terms as part of the amendment
2. Regulatory Compliance: Include when amendments are being made to ensure compliance with new laws or regulations
3. Transition Provisions: Include when the amendments require a phased implementation or transition period
4. Third Party Rights: Include when amendments affect or create rights for third parties under the Contract (Third Party Rights) Ordinance
5. Force Majeure Updates: Include when amendments are being made to force majeure provisions in response to specific events or changed circumstances
1. Schedule of Amendments: Detailed table or list showing the original text and amended text in parallel columns for each modified clause
2. Updated Pricing Schedule: If prices or payment terms are being modified, detailed breakdown of the new pricing structure
3. Updated Statement of Work: Clean version of the SOW incorporating all amendments for ease of reference
4. Timeline Modifications: If project timelines are being modified, detailed schedule of new milestones and deadlines
5. Change Control Process: If the amendment includes changes to how future modifications will be handled, detailed procedures for change management
Authors
Information Technology
Professional Services
Management Consulting
Financial Services
Healthcare
Construction
Telecommunications
Software Development
Engineering
Business Process Outsourcing
Legal
Procurement
Project Management Office
Operations
Commercial
Finance
Business Development
Account Management
Risk & Compliance
Vendor Management
Project Manager
Contract Manager
Legal Counsel
Procurement Manager
Business Unit Director
Operations Manager
Account Executive
Program Director
Commercial Manager
Chief Operating Officer
Vendor Manager
Technical Project Lead
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