Are you in need of a Termination Of Construction Contract Sample? Look no further! Within this article, you will find examples of Termination Of Construction Contract Samples that you can use and modify as needed.
Reasons for Termination Of Construction Contract Sample
Terminating a construction contract can be a complex and challenging process. There are several reasons why a construction contract may need to be terminated, including:
- Failure to meet deadlines
- Quality of work not meeting expectations
- Breach of contract terms
- Financial issues
- Force majeure events
Example of Termination Of Construction Contract Sample
Dear [Recipient’s Name],
I am writing to formally notify you of the termination of the construction contract dated [Contract Date] between [Your Company Name] and [Contractor’s Company Name]. This decision has been made due to the following reasons:
1. Failure to meet the agreed-upon deadlines for the project.
2. Substandard quality of work that does not meet the specifications outlined in the contract.
3. Breach of contract terms related to [specific terms breached].
As per the contract terms, we are entitled to terminate the agreement under these circumstances. We expect all work to cease immediately and for you to vacate the premises within [number of days] days.
We will be in touch regarding any outstanding payments or liabilities that need to be settled as a result of this termination.
Sincerely,
[Your Name]