Termination of Contracts and Subcontracts
Daniel D. Rounds & Nick Surace
Smith Pachter McWhorter, PLC
Learn termination best practices, various considerations before making a decision to terminate as well as other factors to stay out of court.
Construction contracts have evolved to recognize an owner’s right to terminate a contractor before project completion without rendering the action a breach of contract. Standard contract clauses define an owner’s and a contractor’s rights and obligations in the event of a termination. Terminating a contract is a major decision not to be taken lightly.
Join attorneys Daniel Rounds and Nick Surace to understand the background issues relating to the different termination scenarios, practical considerations, remedies, recovery and rights to appeal, including:
- Termination for default — factors for owners to consider before making the decision
- Role of the surety on a default termination
- Termination for convenience — what the contractor should do when receiving a termination notice
- What costs are recoverable on termination for convenience
- Public vs. private clauses; termination of subcontracts
- And much, much more!
Listen to this informative session to learn all factors to consider when deciding on a contract termination including remedies, recovery and rights to appeal.
Who Will Benefit?
This webinar is a must if you’re a public or private owner, construction manager, contractor, subcontractor, consultant, architect, engineer or attorney.
This event features key insights from our knowledgeable construction experts:
Daniel D. Rounds is a Member at Smith Pachter McWhorter and represents clients in government contract and construction matters. Mr. Rounds provides counsel on a wide range of federal and state construction, procurement, and grant issues, including contract negotiation, contract changes and claim preparation, contract termination settlements, and regulatory compliance including Buy America and other domestic preference regulations.
Mr. Rounds has experience litigating complex construction disputes. He has assisted clients in Federal and State courts, in domestic arbitration, and in international arbitration under the International Chamber of Commerce.
Nicholas J. Surace is an Associate with Smith Pachter McWhorter, PLC, and practices in both construction and government contracts matters, including complex construction litigation.