What is an open-end contract and when is it used?

An open-end contract is a type of construction contract commonly used in the state of Texas. It is a contract that allows either party to make changes to the agreement without notifying the other. This type of contract is used to ensure that a project is completed and that both parties are satisfied with the results. Open-end contracts are typically used when there is no way to accurately predict the full scope of the project. An open-end contract allows the parties to modify the terms of the contract as needed to complete the project. This type of contract provides flexibility to make changes if conditions on the job site change or if different materials are needed. Open-end contracts in Texas require that both parties agree to any changes in writing before the project can proceed. This can be done by amending the original contract or by having a separate agreement for each change. It is important to ensure that both parties understand what changes have been made and what their rights and obligations are before they proceed. An open-end contract is a useful type of agreement that can help when completing a large construction project. It is important to make sure both parties are informed of the changes that are made and that they agree to the modifications. With an open-end contract, it is possible to ensure that the project is completed satisfactorily and that both parties are happy with the results.

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What is an open-end contract and when is it used?

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