Construction contract suspension rights allow employers to gain relief from time-related obligations due to emergency events and similar circumstances, and contract termination occurs when both parties agree to end an agreement or when an essential contract condition has been breached. Parties must exercise caution to avoid terminating a contract without proper cause, attorneys say.
Understand construction contract termination, suspension
Sign up for AGC Risk Management SmartBrief
Construction risk management news
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.