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A termination for convenience clause, or "T for C" clause, [1] enables a party to a contract to bring the contract to an end without the need to establish that the other party is in default, for example because the client party's needs have changed, or in order to arrange for another party to complete the contract.
Initially the United States Court of Federal Claims agreed with the contractors, changing the termination for default into a termination for convenience (the contractors sought US$1.2 billion in total costs under such a termination); however, the United States Court of Appeals for the Federal Circuit reversed the decision and remanded the case ...
The contractor responded to the cancellation by submitting claims for costs incurred, settlement expenses, and lost profits. The Dept. of the Army attempted to settle these claims in accordance with the standard “termination for convenience of the government” clause outlined in the Armed Services Procurement Regulations (ASPR). Under this ...
There is no refund or other credit given for Gifts that are not redeemed. Although Gifts can be terminated by a user at any time, there is no refund or credit for partial use of the Gifts. Gifts expire upon the terms stated in a specific Gift. Gift subscriptions and their use are void where prohibited by law. 11. Termination.
Aug. 21—The city of Albuquerque is on the hook for at least $744,000 plus interest for canceling a fixed-price fuel contract in 2020 to get a better deal on the open market. The 10th Circuit ...
Termination for convenience, otherwise known as at will, provides a party with the right to terminate an agreement for any or no reason. To allow a nonterminating party to make alternative business plans and prepare to wind-down its operations with the terminating party, most termination at will provisions require the terminating party to ...
In United States labor law, at-will employment is an employer's ability to dismiss an employee for any reason (that is, without having to establish "just cause" for termination), and without warning, [1] as long as the reason is not illegal (e.g. firing because of the employee's gender, sexual orientation, race, religion, or disability status).
Former President Donald Trump on Monday attempted to clarify his call for the “termination” of rules and regulations in the U.S. Constitution to allow himself to return to the White House ...