contract termination

contract termination

Defense procurement: the cessation or cancellation, in whole or in part, of work under a prime contract or a subcontract thereunder for the convenience of, or at the option of, the government, or due to failure of the contractor to perform in accordance with the terms of the contract (default).
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8Mof cash expenditures in connection with the restructuring, substantially all of which relate to severance costs and contract termination costs.
The contract termination will have a bad effect on the process to outsource commercial management and passenger facilitation of three other trains,' a senior PR officer at its headquarters in Lahore told Dawn on Sunday.
Cuomo today signed legislation that prevents telecommunications companies and utility providers from charging a contract termination or early cancellation fee in the event of a customer's death.
This drilling contract was originally scheduled to terminate on 1 February 2018 and the amendment provides for a contract termination date of 31 March 2017.
The contracts should also include details on production measurement methods, human resources training, health, safety and environment, imports and exports, insurance, terms of contract termination, force majeure and dispute settlements.
In his letter to stakeholders, Specia said Providence's contract termination would take place during a 30-day transition period that will begin immediately, but he said foster care services would not be interrupted.
In addition, the contract termination by a Russian wholesale partner led to serious liquidity bottlenecks last year.
Restructuring charges include employee termination benefits, contract termination fees for the remaining lease payments on the Arizona office, net of potential sub-lease, and accelerated depreciation.
On the day of the contract termination, unidentified armed men attempted to assassinate Badeeb in Khoor Maksar, in Aden, while en route to the port on official business.
Unaware of the reason behind the contract termination, he said a new agreement would be assigned in the next solar year.
Categories: May 24, 2010, Bidder eligibility, Contract termination, Eligibility criteria, Federal procurement, Internal controls, Investigations into federal agencies, Monitoring, North American Industry Classification System, Program abuses, Requirements definition, Service-Disabled Veteran-Owned Small Business Program, Service-disabled veterans, Set-asides, Small business, Sole source procurement, Subcontracts
Those that cannot improve will face lower supply volumes, and then contract termination.