Change Orders are instructions to revise construction plans after they have been completed. Change orders are common to most projects, and very common with large projects. After the original scope (or contract) is formed, complete with the total price to be paid and the specific work to be completed, a client may decide that the original plans do not best represent his definition for the finished project. Accordingly, the client will suggest an alternate approach.
Common causes for change orders to be created are:
" The project's work was incorrectly estimated
" The customer or project team discovers obstacles or possible efficiencies that require them to deviate from the original plan
" The customer or project team are inefficient or incapable of completing their required deliverables within budget, and additional money, time, or resources must be added to the project
" During the course of the project, additional features or options are perceived and requested.
A Colorado Construction Contract Change Order is a legal document that modifies an existing construction contract between a contractor and a client in Colorado. It is used when there is a need to make changes or adjustments to the original contract agreement, such as alterations to project scope, materials, timelines, or costs. This document helps ensure that both parties are on the same page and agree to any changes being made. The Colorado Construction Contract Change Order typically includes essential details such as: 1. Identification: It clearly identifies the project by including the project name, location, and the parties involved, i.e., the contractor and the client. 2. Description of changes: It provides a detailed explanation of the changes being made to the original contract. This may include the addition or removal of certain project elements, revised project schedule, or changes in materials, specifications, or costs. 3. Cost implications: It specifies any cost adjustments resulting from the change order, such as additional expenses or credits. This includes the revised contract price and any applicable fees or penalties. 4. Timeline modifications: It outlines any schedule changes resulting from the change order, including revised start and completion dates. 5. Signatures: It requires the signatures of both the contractor and the client to acknowledge their agreement and consent to the change order. In Colorado, there are commonly three types of Construction Contract Change Orders: 1. Change in scope: This type of change order is issued when there is a need to alter the project's scope, including new additions or removals to the original plan. It may involve changes in design, specifications, or desired outcomes. 2. Time extension: This change order is utilized when there is a need to extend the project's timeline. It may be due to unforeseen circumstances, inclement weather, or delays caused by factors beyond the contractor's control. 3. Cost adjustment: A change order for cost adjustment is necessary when there are changes in either the materials, labor, or subcontracting expenses. It outlines the revised costs associated with the construction project. Other specific types of change orders may exist depending on the particular project and contractual terms agreed upon by the parties involved. It is essential for all involved parties to carefully review and understand the change order before signing it to ensure both parties' rights and obligations are protected. Consulting with legal or construction experts is recommended to ensure compliance with applicable Colorado construction laws and regulations.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
