This office lease form is a supplement regarding the building operating expenses which are escalated to the tenant. This form lists items to be excluded from the calculation of building operating costs.
Minnesota Building Operating Cost Addendum
Category:
State:
Multi-State
Control #:
US-OL19034BB
Format:
Word;
PDF
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How to fill out Building Operating Cost Addendum?
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A written document that modifies by adding to, clarifying, or modifying the bidding documents. An addendum is generally issued by the owner to the contractor during the bidding process and is intended to become part of the contract documents when the construction contract is executed.
A Change Order is used to exchange or modify materials and/or work listed on the Scope for other materials or work. An Addendum is used to add additional work (labor and/or materials) to the Scope.
Addenda are Architect initiated changes BEFORE the bid. Architect's Supplemental Instruction (ASI)'s are Architect initiated changes AFTER the bid.
Tips: An addendum is to modify or clarify the procurement documents issued for bid. It's issued after you issue a bid set and before a contract is awarded. After a contract is awarded, any documents issued to make changes to the project are issued as bulletins.
Addendum (Addenda) Written information adding to, clarifying or modifying the bidding documents. An addendum is generally issued by the owner to the contractor during the bidding process and as such, addenda are intended to become part of the contract documents when the construction contract is executed.
Addenda. Addenda are written or graphic instruments which are issued prior to execution of the Contract, to modify or to interpret the bidding documents.