What is a change order?
A Change Order is needed when the quantities, descriptions and/or the P.O terms and conditions are revised to reflect a change in the scope of Columbia University’s purchase order with the vendor. The total value of the P.O can be adjusted before the payment is made for the items/services received.
A Change Order is a means of making an adjustment to an existing Purchase Order such as price, quantities ordered, terms and conditions, delivery point, etc. Changes to an existing Purchase Order, other than Account codes are made by issuing a Change Order. The same Purchase Order form is used for this purpose. The Purchase Order number will remain the same. Only Purchasing Services is authorized to issue a Change Order for carrying out changes in its provisions.
A change order is a process used by many businesses, particularly those that provide services to customers. Through a change order, the business and the client can make alterations to an original business agreement. The change order process is often used in the construction business. When a construction business first places a bid on a project, it spells out the services and materials to be provided. The original contract also outlines the design for the project and the projected final outcome. If problems arise during the construction process or the client changes his or her mind about what he or she wants to be done, a change order form must be completed. The change order form details the new plan, including services, materials, and designs, that the client and the company have mutually agreed upon. The change order form then becomes the valid contract by which the client and the construction company must legally abide. The change order form may also be used in other service industri
