A construction contract is much like a marriage. A contractor and an owner exchange legal vows to build something worthwhile, and the process can seem as exciting as it does uncertain. Then again, unlike a marriage, parties to a construction contract usually intend to part long before their respective deaths.
But what happens if an owner wants to end the blessed union before the contractor has even completed the job? Such a circumstance surely gives new meaning to the phrase the honeymoon’s over. And the resulting litigation can be just as lengthy and expensive as the most tumultuous Hollywood breakup. Fortunately, under the law, owners may break a construction contract for only two reasons, with cause or for convenience. Here is a closer look at these two important concepts.
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