flexible contracts

Flexible contracts are agreements that allow for adjustments or changes in terms based on certain conditions. Unlike traditional contracts, where terms are often fixed, flexible contracts can adapt to varying circumstances, such as changes in market conditions, project scope, or timelines. This flexibility benefits both parties, as it can accommodate unexpected situations without needing to renegotiate entirely. Commonly used in industries like construction and services, these contracts promote collaboration and responsiveness, fostering better relationships and outcomes between the involved parties.