On federal contracts, the government has several general rights and prerogatives. Two such rights include the right to terminate the contract for convenience and the right to terminate the contract for default. This article provides an overview of each termination and explains the key differences.
Termination for Convenience
A termination for convenience can occur when a contracting officer determines that termination is in the interest of the government. Such a termination can occur in whole or in part. And while the… Read more
