Procurement: Difference between defaut/cause terminaison
PMBOK 5th make difference between default/cause terminaison : "Control procurement includes capturing the necessary details for managing any early termination of the contracted work (for cause, convenience, or defaut) in accordance with the terminaison clause of the agreement".
But in another place in PMBOK, it is say "Early termination of a contract is a special case of procurement closure that can result from a mutual agreement by both parties, from the default of one party, or for convenience of the buyer if provided for in the contract". There no distinction form default/cause terminaison....
I found on the web "When the government terminates a contract for its convenience, whether the contract is commercial or noncommercial, it is called “Termination for Convenience.” When a noncommercial contract is terminated due to contractor fault, it is called “Termination for Default” and the termination of a commercial contract due to contractor fault is called “Termination for Cause".".... Is this last one the good explaination of the difference ?
Thanks


admin
Wed, 08/13/2014 - 06:05
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Yes, what is your doubt ?
Yes, what is your doubt ?
SebastienRol
Wed, 08/13/2014 - 12:34
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Think. Given that there are
Think. Given that there are any on the internet (good and bad information), I needed to validate that the difference between "termination of cause" and "termination for default" is related to the nature of the contract, i.e. commercial/non commercial contract.
SebastienRol
Wed, 08/13/2014 - 12:52
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Last question, What are the
Last question, What are the characteristics of a non-commercial contract?
Frances Tessler
Wed, 08/20/2014 - 20:51
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Early Termination
All government contracts are worded differently for termination as they always allow for a change in government. This question should reside with PMBOK5> Early Termination