David Adelstein | Florida Construction Legal Updates Termination for convenience provisions are important provisions to include in construction contracts. These are provisions that allow a party to terminate the contract for ANY REASON. No cause is needed to exercise the termination for convenience provision. In other words, the terminating party does not have to demonstrate the… Continue reading Terminating Contracts for Convenience – “Just Because”
Tag: Termination for Convenience Clause
Bad Faith Termination for Convenience
Patrick Tighe | Snell & Wilmer Many construction contracts include a clause that allows an owner to terminate a contractor’s remaining work on a project at the owner’s convenience. And during a global pandemic and these turbulent economic times, termination for convenience clauses are receiving renewed attention, including under what circumstances an owner may not… Continue reading Bad Faith Termination for Convenience
Drafting Enforceable Termination for Convenience Clauses
John Benjamin Patrick | Gordon & Rees LLP | July 13, 2016 We all know what purpose a termination for convenience clause is supposed to serve: if circumstances have changed such that the owner (or, in the case of a subcontract, the general contractor) believes it is no longer advisable to proceed, the contract is… Continue reading Drafting Enforceable Termination for Convenience Clauses
Termination for Convenience Clauses in the Private Arena: Traps every Construction Practitioner Should Know
Tracy Thompson Vann – March 14, 2013 If you do a thesaurus search of the word “termination,” you’ll find: “extinction, annihilation, execution, slaughter, and massacre.” “Termination,” Roget’s II: The New Thesaurus, 3rd ed., Boston: Houghton Mifflin, 1995, Online Ed. (October 27, 2011). It is no wonder then, that when a contractor it told he is… Continue reading Termination for Convenience Clauses in the Private Arena: Traps every Construction Practitioner Should Know