UPON THE OCCURENCE of any of the following events:
1. The Contractor repeatedly fails to supply, based on the construction schedule, the sufficient number of skilled workers or suitable materials or equipment;
2. The Contractor repeatedly fails to make, without just cause, prompt payments to Sub-Contractors for labor, materials or equipment, and completion of the Work is being delayed;
3.The Contractor disregards the Laws or orders of any public body having jurisdiction; or
4.SLIPPAGE (Delay) in excess of twenty-five percent (25%) in the prosecution of Work per agreed construction schedule including any time adjustment duly granted to the Contractor.
THE OWNER MAY, after giving Contractor and its Surety 15 days’ WRITTEN NOTICE,
Terminate the services of the Contractor,
Exclude the Contractor from the site and take possession of the Work and of all the Contractor’s tools, appliances, construction equipment and machinery at the site,
Use the same and incorporate into the Work all materials and equipment stored at the site including those stored elsewhere for which the Owner has paid the Contractor,
And finish the Work as the Owner may deem expedient.
IN SUCH CASE, the Contractor shall not be entitled to receive any further payment until the Work is finished. CIAP Doc 102 28.02
