Understanding our contractual obligations and termination procedures
Upon duly signing a contract, both parties would be bound to the execution of the works and the fulfilment of all contractual obligations in accordance with the contract documents, drawings, specifications, and programme of works agreed.
Termination of any contract, by either the client or the CDC, is strictly regulated by the terms and conditions of each contract.
The client is entitled to issue a Notice to Remedy under the relevant clause, and the CDC's failure to make good may entitle the client to terminate the contract in accordance with the termination clause, provided the appropriate procedures are followed.
The CDC is entitled to 50% of the contract sum if the client fails to perform its pre-construction phase duties, including, but not limited to, supplying pre-construction information, drawings, access, and all required approvals.
The CDC is further entitled to the full contract sum if the client abruptly cancels or terminates the contract without exercising the rights related to contract performance and/or the rights under the termination clauses of the signed contract.
Please contact our office for a copy of the full Cancellation/Termination policy.
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