Txdot Remedies for Db Contractor Default Clause Samples

The 'TxDOT Remedies for DB Contractor Default' clause defines the actions and rights available to the Texas Department of Transportation (TxDOT) if the Design-Build (DB) contractor fails to meet contractual obligations. Typically, this clause outlines specific remedies such as the ability to withhold payments, require corrective action, or even terminate the contract if the contractor defaults. For example, if the contractor fails to meet project milestones or quality standards, TxDOT may step in to rectify the situation or seek damages. The core function of this clause is to protect TxDOT’s interests by providing clear mechanisms to address and resolve contractor defaults, thereby ensuring project completion and minimizing risk.
Txdot Remedies for Db Contractor Default 
View SourceView Similar (6)

Related to Txdot Remedies for Db Contractor Default

  • Remedies for Default (a) Enterprise Services’ rights to suspend and terminate Contractor’s rights under this Contract are in addition to all other available remedies. (b) In the event of termination for default, Enterprise Services may exercise any remedy provided by law including, without limitation, the right to procure for all Purchasers replacement Services. In such event, Contractor shall be liable to Enterprise Services for damages as authorized by law including, but not limited to, any price difference between the Contract price and the replacement or cover price as well as any administrative and/or transaction costs directly related to such replacement procurement – e.g., the cost of the competitive procurement.