Contract Variation Letter
Contract Variation Letter
[Your Company Name]
[Your Company Address]
October 29, 2050
Mary Johnson
Project Manager
XYZ Construction Corp.
456 Industry Road
Construction City, CC 67890
Dear Mary,
I hope this letter finds you well. I am writing to formally propose a variation to the existing contract between my company, [Your Company Name], and XYZ Construction Corp., dated March 15, 2050, regarding the construction of the Business City Community Center.
Details of the Variation:
-
Original Terms:
The original contract specifies that the construction of the Community Center must be completed by June 30, 2051, with a budget of $2 million. -
Proposed Changes:
Due to unforeseen delays caused by supply chain issues, I propose extending the project completion date to September 30, 2051. Additionally, I suggest a budget increase to $2.5 million to accommodate increased material costs and additional labor required to expedite the construction process. -
Rationale for Changes:
The delay is primarily due to shortages in critical building materials such as steel and concrete, which were beyond our control. The budget increase is necessary to secure the required materials and additional workforce to meet the new timeline. -
Impact on Other Terms:
All other terms of the contract will remain in effect, except for the completion date and the total project budget. We believe these adjustments will allow us to maintain the quality and standards expected for the Community Center. -
New Agreement:
Please acknowledge that the contract will remain valid and enforceable with the proposed changes, and we will document the agreement through a signed addendum.
If you agree to the proposed changes, please sign and return a copy of this letter by November 15, 2050. This will help us ensure all parties are aligned and can proceed without further delays.
Thank you for your attention to this matter. Should you have any questions or require further discussion, please feel free to contact me at [Your Email].
I look forward to your prompt response.
Sincerely,
[Your Name]
Owner
[Your Company Name]
