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TERM

Termination of the Contract

Termination of the contract means bringing the contract to an end where the parties fail to perform their obligations under it, or where causes arise that could not be foreseen and cannot be prevented. Law No. 4735 addresses termination for reasons attributable to the contractor or on grounds of force majeure. Apart from force majeure, there are two grounds on which the authority may terminate for reasons attributable to the contractor. The first is the contractor's failure to perform its undertaking in accordance with the tender documents and the contract.

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