Contract variation

Published by a ÀÏ˾»úÎçÒ¹¸£Àû Commercial expert
Practice notes

Contract variation

Published by a ÀÏ˾»úÎçÒ¹¸£Àû Commercial expert

Practice notes
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This Practice Note summarises the Law, guidance and practice relating to the Variation of contracts and Deeds. It explains how a contract or deed can be varied in writing, orally or by Conduct, and also considers unilateral variation, waiver and sustained minor breach. It sets out practical and drafting considerations, and issues to consider when varying business-to-consumer contracts, public contracts and third party guarantees. It also considers third party rights on variation.

For a step by step guide to contract variation with full resources, see Practice Note: How to vary a contract.

Where the need for a contract variation is a result of a renegotiation following difficulties experienced during the contract, see also Practice Note: Managing difficulties in commercial contracts for further guidance.

When is a contract variation appropriate?

It is a commercial reality that parties doing business together do not simply enter into self-contained discrete contracts with each other but engage in a business relationship that evolves over time. This can lead to the need to make changes to contracts already in place.

Variations to contracts may arise

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Jurisdiction(s):
United Kingdom
Key definition:
Variation definition
What does Variation mean?

A change in the works or services to be carried out. This is usually governed by a Change Protocol which sets out parameters for making changes.

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