Publisher's Synopsis
Construction and design contracts increasingly contain provisions giving one or both parties the power to terminate the contract. Given that contracts are not always clear on the interrelationship between the termination provisions and the law, this unique resource provides the insight and information you need to interpret contracts and enforce key clauses to your client’s advantage.
Termination of Construction and Design Contracts enables you to handle even the most complicated terminations and suspensions. With this latest addition to Aspen Publishers’ respected Construction Red Book Series, you’ll be able to:
- Negotiate and draft appropriate termination clauses in project contracts
- Benefit from expert analysis of current case law
- Master the subtle differences between different types of termination —and know when each applies
- Identify all the potential remedies for the terminated contractor whether justified or wrongful
- Understand and enforce the duty to mitigate
- Identify and apply the different immunities
- Accurately value the costs involved in termination
- Determine what constitutes default and the grounds for a default termination
- Define the contractor’s, owner’s, and designer’s right to suspend work
Termination of Construction and Design Contracts provides complete and comprehensive analysis of all the issues surrounding contract termination and the suspension of construction and design projects. Covers the legal and practical details of termination from every party’s perspective:
- Public Owners
- Private Owners
- Contractors
- Subcontractors
- Sureties
