Common use of CONTRACT IN DEFAULT Clause in Contracts

CONTRACT IN DEFAULT. The Owner may declare the Contract in default for any one or more of the following reasons as determined by the Owner in his sole discretion: A. Failure to complete the Work within the Contract Time or any proper extension thereof granted by the Owner. B. Failure or refusal to comply with an instruction of the Owner within a reasonable time. C. Failure or refusal to remove rejected Materials or Equipment. D. Failure or refusal to perform any Work or repair any Defective or unacceptable Work. E. Bankruptcy or insolvency, or the making of an assignment for the benefit of creditors. F. Failure to provide a qualified Superintendent, or sufficient and competent workmen or Subcontractors to carry on the Work in a satisfactory and Good and Workmanlike Manner; or failure to prosecute the Work in accordance with the Contractor’s Schedule of Work. G. Failure to provide proper Materials, and Equipment. H. Failure to comply with any important provisions of the Contract Documents as determined by the Owner. I. Disregard of laws, ordinances, rules, or regulations or order of any public body having jurisdiction, or the violation of any construction or safety codes. J. Failure to prosecute the Work with sufficient competence or rapidity to insure the proper completion of the Work within the Contract Time.