Читать книгу Fundamentals of Construction Claims - William J. McConnell - Страница 78

Per Section 11.5 of the ConsensusDocs 200, the contractor can terminate the agreement, if the contractor issues the owner a seven-day written notice of termination through no fault of contractor, and:

 the work is stopped for a 30-day period due to one of the following scenarios:court order or order of other governmental authority;governmental act during which materials are not available; orsuspension by owner for convenience per Section 11.1.

 the owner fails to cure one of the following issues within three days upon receipt of the contractor's notice of termination:fails to provide the contractor proof of funding per Section 4.2;assigns the agreement upon the contractor's reasonable rejection;fails to pay the contractor per the terms of the agreement and the contractor has stopped work per Section 9.5; orotherwise materially breaches the agreement.

Upon proper termination by the contractor, the contractor is entitled to recover payment for all work executed and for any proven loss, cost, or expense in connection with the work, including all demobilization costs plus reasonable overhead and profit on work not performed.