Many times there is a liquidated damages clause that fixes the penalty for walking off. Like $5000 Then there is no calculating or arguing. If they bail, they owe. There are also performance bonds you can require. They don’t finish the bond company pays.
Best Regards, Chuck McCown McCown Technology Corporation 8401 N Commerce Dr Lake Point, Utah 84074 801-250-9503 Office 435-830-4306 Cell www.mccowntech.com www.microtrench.pro www.terabitnetworks.com From: Steve Jones Sent: Wednesday, October 30, 2024 4:12 PM To: AnimalFarm Microwave Users Group Subject: [AFMUG] nonstart/noncompletion clause so I just had my first, probably not my last case of a subcontractor not starting a project and backing out. It does screw me with my reputation with the customer, but its what it is, I am lining up a new sub. My contract template has a non start/non complete clause of standard verbiage, the whole thing of basically the sub pays whatever it costs beyond any completed work. Im not going to enforce it in this case, but are these clauses actually enforceable? Like could I go hire somebody else at 3x the cost and bill the old sub? In this case Id doubt even with judement id see any dough, Im just curious if anybody has ever had to enforce this? -------------------------------------------------------------------------------- -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com
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