1) To accept the termination by the contractor, holding them liable. If the withdrawl is genuine you don't want them on the project.
2) Relet the contract expiditiosly (maybe negotiate with the 2nd and 3rd tenderes from the original bid).
3) When the full cost and time consequences are determined, seek compensation from the defaulting contractor.
HOWEVER, this is a matter that requires local expert knowledge of the law and careful consideration of the risks - the client ultimately needs the project and will not nescesarily recover anything from the defaulting contractor. A negotiated outcome is likely to be the lowest cost and risk to the client: https://www.mosaicprojects.com.au/WhitePapers/WP1024_Negotiating.pdf
Member for
17 years 4 monthsThanks Mike and Patrick.
Thanks Mike and Patrick.
Member for
24 years 9 monthsThe most expeditious way
The most expeditious way forward would be:
1) To accept the termination by the contractor, holding them liable. If the withdrawl is genuine you don't want them on the project.
2) Relet the contract expiditiosly (maybe negotiate with the 2nd and 3rd tenderes from the original bid).
3) When the full cost and time consequences are determined, seek compensation from the defaulting contractor.
HOWEVER, this is a matter that requires local expert knowledge of the law and careful consideration of the risks - the client ultimately needs the project and will not nescesarily recover anything from the defaulting contractor. A negotiated outcome is likely to be the lowest cost and risk to the client: https://www.mosaicprojects.com.au/WhitePapers/WP1024_Negotiating.pdf
Member for
19 years 10 monthsHi KannanWrongful termination
Hi Kannan
Wrongful termination by the contractor.
Best regards Mike Testro