(a) Termination for default is generally the exercise of the Government’s contractual right to completely or partially terminate a contract because of the contractor’s actual or anticipated failure to perform its contractual obligations.

When can you terminate for default?

The standard “Default” clauses used in fixed-price Government contracts generally give the Government the right to terminate a contract for default if a contractor fails to (a) deliver supplies or to perform the services or work within the time specified in the contract, (b) make progress so as to endanger contract …

What does default under contract mean?

Contract Default means the failure by a party to a contractual agreement to perform or meet contract terms and conditions.