Common use of Contract Cancellation Clause in Contracts

Contract Cancellation. If a Contract is cancelled, the State reserves the right to make award on another bid meeting requirements, but is not obligated to do so. If the cause of cancellation was out of the control of the vendor, no penalties or damages will be assessed.

Appears in 4 contracts

Sources: Contract for Trucks, Medium Duty, Contract for Trucks, Medium Duty, Contract for Trucks, Medium Duty

Contract Cancellation. If a Contract is cancelled, the State reserves the right to make award on another bid meeting requirements, but is not obligated to do so. If the cause of cancellation was out of the control of the vendorContractor, no penalties or damages will be assessed.

Appears in 4 contracts

Sources: Contract, Contract for Trucks, Heavy Duty, Contract for Trucks, Heavy Duty