Addendum
Construction addendum definition. Learn how contract documents are modified BEFORE a bid is submitted or a contract is signed.
Calculation Formula
Final Contract = Original Bid Set + Addendum #1 + Addendum #2... Real Contractor Example
A week before the bid deadline, the architect issues an addendum changing the specified tile from ceramic to porcelain.
Put This Into Practice
Knowing the definition is step one. RemodelFin tracks this in real time on every job — no spreadsheets.