16.4 PAYMENT ON TERMINATION

4.16.4 Payment on termination: Clause 16.4

Following termination, the Employer must return the performance security

and pay:

●

the sums payable to the Contractor for work performed for which a price

is stated in the contract;

●

the cost of plant and materials ordered for the works which have been

delivered to the Contractor or which he is liable to accept;

●

any other cost or liability reasonably incurred in expectation of completing

the works;

●

the cost of removing temporary works and the Contractor ’ s equipment

from the site and return of these items to the Contractor ’ s base as well as

the cost of repatriating the Contractor ’ s staff and labour;

●

the amount of any loss of profit or other loss or damage suffered by the

Contractor as a result of the termination.