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It requires mutual agreement of both parties. In some cases there may be penalties associated with an early end. Most contracts include termination clauses that provide the methods and reasons the contract can be terminated. You may wish to consult a contract attorney for assistance.
Wiki User
∙ 14y ago
Wiki User
∙ 14y agoIt depends on the fine print and the state of the economy. Some, like dealers, banks, services, and companies you pay, may not want to terminate them because keeping your contract is a source of income. Others, like companies that employ you, want to keep the option of termination open if the contractor's company is suffering economically. All this information should be in the extended terms of the contract itself.
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Can you terminate an army contract?
What kind of contract? A contract to produce goods, or supplies, or services, for the Army -OR - an enlistment contract? For the former you wuold have to go through a legal process, for the latter, no.
What are the rights and responsibilities of contractor?
Well, there are a lot of rights and responsibilities of a contractor that are specified in the contract with the homeowner or building owner. The main responsibility by the contractor is doing the job that the contract was drawn up for and the main right is to get paid for his or her services. There can be other rights specifically but the best thing to do is to put them in writing or they are not binding on either party.
What rights do a sub contractor have when working for a company?
A subcontractor has the right to negotiate terms of the contract, receive compensation for work performed, be provided with a safe work environment, and expect payment within the agreed upon timeframe. It is important for subcontractors to review and understand the terms of the contract to ensure their rights are protected.
The COR is usually the person responsible for determining whether products delivered or services rendered by the contractor conform to the technical requirements of the contract?
The ______ is the document used to describe the work that is to be performed under the contract.
Entering into an unauthorized contract and or providing insider information to a contractor are examples of unethical behavior?
TRUE. Not only unethical but quite possibly illegal.
How do you fire a contractor for stealing?
If you have hired a contractor to perform a service, refer to the terms of the contract to terminate the contract and the procedures to terminate based on the circumstances. If you believe they are stealing, you should report the theft to the police.
What can you do if you paid a contractor for supplies and work and no work has not begun after more than 8 months?
You can terminate the contract after giving notice of termination. You have the option of suing the Contractor too.
What remedies does a contracting officer have at his or her disposal for a contractor's poor performance?
 Bring the particular deficiency to the attention of the contractor by letter or through a meeting and obtain a commitment for appropriate corrective action.   Bring the particular deficiency to the attention of the contractor by letter or through a meeting and obtain a commitment for appropriate corrective action.  Extend the contract schedule if excusable delays in performance are involved (such as combat situations or extreme weather conditions).  Withhold contract payments if the contractor fails to comply with delivery or reporting provisions of the contract.  Terminate the contract for cause or default. Extend the contract schedule if excusable delays in performance are involved s combat situations or extreme weather conditions).  Withhold contract payments if the contractor fails to comply with delivery or reporting provisions of the contract.  Terminate the contract for cause or default.
What are remedies that the Contracting Officer has at his-her disposal for a contractor's poor performance?
The Contracting Officer can issue cure notices requiring the contractor to correct the poor performance, withhold payments, terminate the contract for default, or implement liquidated damages clauses. They may also seek to replace the contractor or deduct costs from payments.
How do you make a contract?
hire a contractor hire a contractor
Who should you go to as a subcontractor if the general contractor holds payments for extended amount of time and threatens contract termination if you stop work?
Sir or madam, Once a contract is agreed upon it cannot be altered. If your general contractor witholds payment, he/she is in breach of contract and you are entitled to sue for "Action upon debt". Bottom line - you earned the money, the court will give it to you, go see a lawyer. As for the threat to terminate your contract, the contract is alrteady void. Get a lawyer. Now.
Can a lawyer force you to terminate a contract?
No.
What were the terms to the compromise?
The terms set forth in a compromising agreement are set when an employer wants to terminate a contract of an employee or contractor or a resolution in a dispute has come forth. It would be the final agreement which was made.
What is the difference between terminate a contract and annul a contract?
Terminate means to end the contract at a specific point. To annul a contract means to act as if it never existed. The courts would annul any illegal contracts.
Can you withhold payment if you fire the contractor?
That completely depends on the contract you signed with them. First you need to determine if you have the legal right to terminate the contractor as per the contract. Generally one of the three conditions have to be met: the contractor is court ordered into bankruptcy, makes a general assignment for the benefit of creditors due to contractors insolvency, or a court appoints a receiver to the contractor Secondly, the contractor is entitled to receive funds for the work he has reasonably completed to date. I would get advise from a lawyer before the contractor slaps a lien on the property and before you know it there is a legal demand before the courts to have your house sold to pay the unpaid invoice
What does an mechanical contractor do?
They contract mechanics
Can you terminate the contract of your property manager?
Before you regret it in the future, you should talk the issue about the manager of the agency, and it will depend on your agreement on what would be the right thing to do on how and when you can terminate his contract.
