contract modification

contract modification

Additions to, deletions from, or modifications of the work, 1 to be done, after the construction agreement has been signed.
References in periodicals archive ?
ENPNewswire-September 5, 2019--NASA Awards Contract Modification for Research, Development, Engineering Support
M2 EQUITYBITES-August 23, 2019-Navy awards Sikorsky Aircraft with USD 107m contract modification for 4 aircraft
Travel Business Review-August 23, 2019-Navy awards Sikorsky Aircraft with USD 107m contract modification for 4 aircraft
WORLDWIDE COMPUTER PRODUCTS NEWS-November 23, 2016-Cubic Transportation Systems awarded USD4.8m contract modification by Maryland Transit Administration
This contract modification was awarded under the FAA's contract with Johnson Controls Security Systems, which Versar purchased from Johnson Controls, Inc.
M2 PHARMA-March 3, 2014-Novavax extends contract modification with the US Department of Health and Human Services, Biomedical Advanced Research and Development Authority
The contract modification is for engineering services in support Small Business Innovative Research (SBIR) Topic No.N99-106 "Mobile Computing for Submarine Application." The Phase III SBIR effort addresses systems and subsystems ranging from simple single processors to highly complex multi-processor network architecture.
General Dynamics has received a contract modification from the US Marine Corps System Command to produce a further nine capability set II Combat Operations Centers along with 18 common modules.
(25) The Board found that even if the Navy contracting officer did attempt to orally settle the contract claim by agreeing that the total amount of liquidated damages was $68,394 (vice $98,394), such an agreement would constitute an oral contract modification. (26) In particular, the Board acknowledged that an oral contract modification "is unenforceable without a written contract modification to decrease the contract price...." (27) Consequently, the Board granted the government's motion for summary judgment.
Northrop wins $90M US Navy contract modification. Northrop Grumman will shift to production activities that will lead to the construction of the Navy's Zumwalt-class destroyers as part of a $90 million contract modification.
Contract modifications and anti-dilution provisions: A contract modification generally has the effect of "resetting the dock:' However, under the final regulations, a modification that has the sole effect of providing for the issuance of additional shares of issuing corporation stock to the target shareholders will not be treated as a modification, if the execution of the potential reorganization would have resulted in the preservation of a substantial part of the value of the target shareholders' proprietary interests in the target had there been no modification.
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