What term describes a contractor's request for an extension or additional payment due to unforeseen events?

The term that describes a contractor's request for an extension or additional payment due to unforeseen events is "claim." In construction and contract management, a claim is a formal request for a modification of the contract resulting from circumstances that were not anticipated or covered in the original agreement. These circumstances might include delays caused by weather, unexpected site conditions, or changes in regulations. A claim typically seeks to address the financial and time impacts of these unforeseen events.

Understanding claims is crucial in managing contracts because they ensure that contractors can seek recompense for legitimate issues that arise during a project. Proper documentation and justification are key components of succeeding in a claim process. Other terms, such as addendum, request for information, and change request relate to different aspects of contract management and do not specifically refer to requests for extensions or additional payments due to unforeseen issues.