Nonprofit.Courses Select by Lorman

Construction Terminations (Default Evals, Cure Notices, Terminations for Convenience), by Lorman

Construction Terminations (Default Evals, Cure Notices, Terminations for Convenience) is brought to you by Lorman

Be ready to meet the challenges that terminating a contract may cause.

Owners, contractors, subcontractors, and CMs are all greatly impacted by the termination of a contract. Critical decisions have to be made regarding when and how to terminate contracts and how to implement a contract termination. This topic will provide you with fundamental rules regarding terminations for private, public, and federal contracts. It will also discuss challenging the termination decision and making termination claims.

Learning Objectives

  • You will be able to identify what grounds are sufficient to terminate a contract for cause.
  • You will be able to recognize the pros and cons of terminating for convenience as an alternative to terminating for the cause.
  • You will be able to explain the key differences in termination for convenience clauses.
  • You will be able to review the types of costs which can be recovered pursuant to a termination for convenience.

See more content from Lorman by clicking here.

0 0 votes
Give it a rating!
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments