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Commercial agreements & supporting documents · Core

Change order

Also called: contract variation, variation order

ELI5

A formal instruction or agreement changing scope, price or timing.

Used in conversation

“Counsel wants change order clarified before anyone signs.”

Pitch context

You will see “Change order” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches commercial agreements & supporting documents.

Why it matters: In commercial agreements & supporting documents, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Connected terms

When the words have to travel

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Sources & evidence · 7

Direct term-level sources and supporting source families.