What is the purpose of a "contract rider"?

What is the purpose of a "contract rider"?

• A. To advertise a contract publicly
• B. To amend or add specific provisions to a contract
• C. To terminate a contract legally
• D. To provide feedback to bidders

Answer: (B)

The purpose of a "contract rider" is to amend or add specific provisions to a contract. Riders are typically added to existing contracts to address particular terms or conditions that were not included in the original contract. This allows parties to customize their agreement or modify certain aspects without needing to rewrite the entire contract. Riders can serve various functions, such as clarifying obligations, adjusting pricing, or detailing specific deliverables. By allowing these modifications, riders provide flexibility and enable the parties to address evolving circumstances while maintaining the integrity of their original agreement.

The purpose of a "contract rider" is to amend or add specific provisions to a contract. Riders are typically added to existing contracts to address particular terms or conditions that were not included in the original contract. This allows parties to customize their agreement or modify certain aspects without needing to rewrite the entire contract. Riders can serve various functions, such as clarifying obligations, adjusting pricing, or detailing specific deliverables. By allowing these modifications, riders provide flexibility and enable the parties to address evolving circumstances while maintaining the integrity of their original agreement.