What is the purpose of the CMD Contract Modification Form?

The purpose of the CMD Contract Modification Form is to document amendments that exceed a specified percentage increase. This form is essential in the management of contracts because it ensures that any significant changes to the contract are formally recognized and recorded. When a contract requires modifications that exceed a predefined threshold, it's important for the organizations involved to maintain transparency and compliance with regulations. This helps in tracking the financial impacts of modifications and ensures accountability in contract management.

While reporting unsafe working conditions, informing the City of potential project delays, or requesting additional funding are all important aspects of project management, they are not the specific focus of the CMD Contract Modification Form. The form is specifically tailored for contractual amendments related to cost adjustments that exceed allowed limits, ensuring that both the contractor and the city have a clear understanding of any significant changes that could affect the scope or budget of the project.