PUBLIC-PRIVATE PARTNERSHIPS AND TERMINATION FOR CONVENIENCE CLAUSES: TIME FOR A MANDATE

PUBLIC-PRIVATE PARTNERSHIPS AND TERMINATION FOR CONVENIENCE CLAUSES: TIME FOR A MANDATE

A termination for convenience clause is not something that can be slipped into a contract. Because it confers a substantial benefit on the contracting government, the other contracting party will undoubtedly extract some price for its inclusion. [...]governments (and their tax- and fee-paying public...

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Veröffentlicht in:Emory law journal 2013-01, Vol.63 (2), p.283
1. Verfasser: Roin, Julie A
Format: Artikel
Sprache:eng
Schlagworte:
Entrepreneurs
Government contracts
Private enterprise
Profits
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Zusammenfassung:A termination for convenience clause is not something that can be slipped into a contract. Because it confers a substantial benefit on the contracting government, the other contracting party will undoubtedly extract some price for its inclusion. [...]governments (and their tax- and fee-paying publics) that are parties to contractual relationships will end up paying more for their projects than if these clauses were not required.
ISSN:0094-4076
2163-324X