Common use of Termination for Cause and Convenience Clause in Contracts

Termination for Cause and Convenience. For all contracts in excess of $10,000, as detailed within Clause No. 3 of Contract Appendix No. 1, form HUD-5370-C (01/2014), General Conditions for Non-Construction Contracts, Section I—(With or without Maintenance Work), attached hereto. In addition to the immediate-foregoing, if the Agency terminates the Contractor for convenience, the Agency is obligated to, as detailed within Section 11.6.C.2 of HUD Procurement Handbook 7460.8 REV 2, negotiate with and pay to the Contractor a “reasonable allowance for profit” for the remainder of the contracted period.

Appears in 12 contracts

Samples: Introduction, Introduction, Introduction

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Termination for Cause and Convenience. For all contracts in excess of $10,000, as detailed within Clause No. 3 of Contract Appendix No. 1, form HUD-5370-C (01/2014), General Conditions for Non-Construction Contracts, Section I—(With or without Maintenance Work), attached hereto. In addition additional to the immediate-foregoing, if the Agency terminates the Contractor for convenience, the Agency is obligated to, as detailed within Section 11.6.C.2 of HUD Procurement Handbook 7460.8 REV 2, negotiate with and pay to the Contractor a “reasonable allowance for profit” for the remainder of the contracted period.

Appears in 11 contracts

Samples: Introduction, Introduction, Introduction

Termination for Cause and Convenience. For all contracts in excess of $10,000, as detailed within Clause No. 3 of Contract Appendix No. 1, form HUD-5370-C (01/2014), General Conditions for Non-Construction Contracts, Section I—(With I— (With or without Maintenance Work), attached hereto. In addition additional to the immediate-immediate foregoing, if the Agency terminates the Contractor for convenience, the Agency is obligated to, as detailed within Section 11.6.C.2 of HUD Procurement Handbook 7460.8 REV 2, negotiate with and pay to the Contractor a “reasonable allowance for profit” for the remainder of the contracted period.

Appears in 3 contracts

Samples: Contract Between, Contract Between, Contract Between

Termination for Cause and Convenience. For all contracts in excess of $10,000, as detailed within Clause NoXx. 3 of Contract Appendix No0 xx Xxxxxxxx Xxxxxxxx Xx. 10, form HUD-5370-C (01/2014), General Conditions for Non-Construction Contracts, Section I—(With or without Maintenance Work), attached hereto. In addition additional to the immediate-foregoing, if the Agency terminates the Contractor for convenience, the Agency is obligated to, as detailed within Section 11.6.C.2 of HUD Procurement Handbook 7460.8 REV 2, negotiate with and pay to the Contractor a “reasonable allowance for profit” for the remainder of the contracted period.

Appears in 3 contracts

Samples: Introduction, Introduction, Introduction

Termination for Cause and Convenience. For all contracts in excess of $10,000, as detailed within Clause NoXx. 3 of Contract Appendix No0 xx Xxxxxxxx Xxxxxxxx Xx. 10, form HUD-5370-C (01/2014), General Conditions for Non-Construction Contracts, Section I—(With or without Maintenance Work), attached hereto. In addition to the immediate-foregoing, if the Agency terminates the Contractor for convenience, the Agency is obligated to, as detailed within Section 11.6.C.2 of HUD Procurement Handbook 7460.8 REV 2, negotiate with and pay to the Contractor a “reasonable allowance for profit” for the remainder of the contracted period.

Appears in 2 contracts

Samples: Introduction, Introduction

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Termination for Cause and Convenience. For all contracts in excess of $10,000, as detailed within Clause NoXx. 3 of Contract Appendix No0 xx Xxxxxxxx Xxxxxxxx Xx. 10, form HUD-5370-C (01/201401 /2014 ), General Conditions for Non-Construction Contracts, Section I—(With or without Maintenance Work), attached hereto. In addition to the immediate-foregoing, if the Agency Authority terminates the Contractor for convenience, the Agency Authority is obligated to, as detailed within Section 11.6.C.2 of HUD Procurement Handbook 7460.8 REV 2, negotiate with and pay to the Contractor a “reasonable allowance for profit” for the remainder of the contracted period.

Appears in 1 contract

Samples: Introduction

Termination for Cause and Convenience. For all contracts in excess of $10,000, as detailed within Clause Section No. 3 of Contract Appendix No. 1, form HUD-5370-C (01/2014), General Conditions for Nonnon-Construction Contracts, Section I—(With I – (With or without Maintenance Work), attached hereto. In addition additional to the immediate-foregoing, if the Agency terminates the Contractor for convenience, the Agency is obligated to, as detailed within Section 11.6.C.2 of HUD Procurement Handbook 7460.8 REV 2, negotiate with and pay to the Contractor a “reasonable allowance for profit” for the remainder of the contracted period.

Appears in 1 contract

Samples: Invitation for Bids

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