Certified Professional Contract Manager (CPCM) 2025 – 400 Free Practice Questions to Pass the Exam

A bilateral change is characterized by a mutual alteration of contract terms, meaning that both parties involved in the contract agree to modify specific elements of the agreement. This collaborative approach indicates that there is a consensus and negotiation between the two parties, leading to changes that reflect a compromise or shared decision regarding the terms of the contract.

The concept of bilateral changes underscores the importance of collaboration in contract management, where both parties have the opportunity to voice their needs and support examples such as amendments to pricing, deliverables, timelines, or terms of service, thereby strengthening the relationship and ensuring that both sides remain satisfied with the evolving contract.

This contrasts sharply with unilateral changes, where only one party makes the decision to alter the contract without input or agreement from the other. Therefore, options involving unilateral changes or impacts on a single party's obligations do not align with the definition of a bilateral change. Additionally, a suggestion without formal acknowledgment does not constitute a change to the contract, as it lacks the necessary agreement from both sides to enact a modification.