Résiliation et marché de substitution

Termination and substitute market

by gmorales on 24 November 2010 | Category: Public markets
Résiliation et marché de substitution Résiliation et marché de substitution

The State Council specifies the conditions of payment of the sums due to the company whose contract has been terminated

In the event of the termination of a contract at the expense and risk of the contractor, the settlement of this contract can not take place before the substitute contract concluded with another company has been executed and accepted and the general statement of this contract does not apply. has become definitive. The public person may not, however, avail himself of this rule when he renounces the award of a substitute contract to refuse the settlement of his contractual debts in respect of the holder of the terminated contract.