adaptable contract
[ə-ˈdap-tə-bəl ˈkän-ˌtrakt]
nounpl: adaptable contracts
contrato adaptável
1. A legal agreement that contains provisions allowing its terms, conditions, or performance to be modified or adjusted based on changing circumstances, market conditions, or mutual consent of parties
The construction company negotiated an adaptable contract that allowed for price adjustments based on material costs.
A empresa de construção negociou um contrato adaptável que permitia ajustes de preço baseados nos custos de materiais.
2. A contract designed with flexibility mechanisms to accommodate unforeseen events, technological changes, or evolving business needs without requiring complete renegotiation
The software development adaptable contract included clauses for scope adjustments as client requirements evolved.
O contrato adaptável de desenvolvimento de software incluía cláusulas para ajustes de escopo conforme os requisitos do cliente evoluíssem.
Adaptable contracts have become increasingly important in Brazilian business culture, particularly in construction, technology, and international trade sectors where market volatility and regulatory changes are common. In the USA, these contracts reflect modern business practices favoring agile management approaches, while in Portugal and Brazil they're valued for managing economic uncertainty and inflation.
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