Common use of Contractor’s Default Clause in Contracts

Contractor’s Default. If CONTRACTOR shall in any manner neglect or fail to prosecute the work with reasonable diligence, or shall neglect or fail to perform any agreement herein on its part to be performed, it shall be lawful for OWNER, by written notice direct CONTRACTOR to proceed with such work and to perform such agreement. If CONTRACTOR shall fail to do so accordingly, OWNER may employ another CONTRACTOR or person to complete the work comprehended under this Contract.

Appears in 4 contracts

Sources: Construction Contract, Construction Contract, Contract for Services