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Amendments to the Shipbuilding Agreement — Modifications

Zmiany w umowie o budowę statku – modyfikacje („Modyfications”) / Portal Stoczniowy

After the construction contract has been concluded, the scope of the work and the price may be changed. Most often they result from deductions from contractual penalties and technical modifications covered by the contract. Today's article will discuss in detail how these changes affect the construction process and the consequences for the parties to the agreement.