Question
There are 15 days remaining on a non-commercial contract for Super Duper Widgets. The Government inspector on site informs you that, barring a major miracle,
There are 15 days remaining on a non-commercial contract for Super Duper Widgets. The Government inspector on site informs you that, barring a major miracle, the contractor will not be able to deliver on time. You first discuss the matter with your customer. What is the proper next step you should take before terminating the contract for default?
A. Immediately negotiate a new delivery date with the contractor.
B. Issue a cure notice, as there are more than 10 days remaining on the contract.
C. Terminate the contract immediately to prevent the contractor from incurring unnecessary costs.
D. Wait until the delivery date has passed so that you have a stronger case for termination.
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