FACT SCENARIO G (Questions 28-31):

Geddy Construction (GC) has a written contract with Owner to renovate a nursery at a church in Norman, Oklahoma. The prime contract is governed by the 2017 Edition of AIA Document A201, and provides for liquidated damages of $500 per day in the event GC fails to achieve substantial completion within 180 days. If GC fails to achieve final completion within 30 days thereafter, Owner may assess liquidated damages of $200 per day. GC timely achieves substantial completion. On the 35th day thereafter, Owner, who is upset that GC was given a large number of change orders during the project, declares a default, terminates GC's contract and makes a demand upon GC's performance bond surety to complete the project.

Instead of granting numerous change orders, as described above, Owner instead recognizes, several months before substantial completion, that there are not sufficient funds to finish the project. Owner notifies GC of its decision to terminate the contract for convenience. Does Owner have the right to terminate GC for convenience?

Group of answer choices

Yes

No