Common use of Bilateral Amendments Clause in Contracts

Bilateral Amendments. Bilateral amendments are those that change the stated terms of the award and require the AO to amend the award. A bilateral amendment is an amendment signed by the AO and the recipient. Bilateral amendments reflect the agreement of the parties to change a term or terms of the award when it is in the mutual interest of both the Agency and the recipient. Bilateral amendments include changes that: • Extend the period of the award beyond what is authorized in 2 CFR 200.308(e)(2);

Bilateral Amendments. Bilateral amendments are those that change the stated terms of the award and require the AO to amend the award. A bilateral amendment is an amendment signed by the AO and the recipient. Bilateral amendments reflect the agreement of the parties to change a term or terms of the award when it is in the mutual interest of both the Agency and the recipient. Bilateral amendments include changes that: • Extend the period of the award beyond what is authorized in 2 CFR 200.308(e)(2200.308(d)(2);