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Termination for Convenience vs. Termination for Default: A Story of Two Very Different Endings
Introduction Overview Every contract starts with optimism. The parties sign believing the work will be completed on time, on budget, and in a way that makes everyone look good. But in federal and commercial contracting, the story does not always unfold that way. Funding dries up. Missions change. Performance problems emerge. Or the agency or client simply needs to change direction. When that happens, the contract still needs a lawful ending. In government and many commercial
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