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Notice and opportunity to cure is a contractual provision that allows a party to correct a breach of the contract within a specified timeframe before the other party can take further action, such as terminating the contract or seeking legal remedies.
What is a curing notice?
A cure notice is issued by the government to inform the contractor that the government considers the contractors failure a condition that is endangering performance of the contract. The cure notice specifies a period (typically 10 days) for the contractor to remedy the condition.
How do you write a cure notice?
CURE NOTICE (SAMPLE) Date. Contractor Name. Contractor Address. RE: Contract Title; Notice to Effect Cure. Dear : Pursuant to Section (Termination) of the contract, [Contractor Name] is notified that the [Agency Name] considers [specify failures] a condition that is endangering performance of the contract.
What is a cure notice in construction?
What is a Cure Notice? Federal government procurement contracts include a clause that allows the government agency to terminate the contract if the contractor has defaulted on the terms of the contract. A termination for default has serious consequences for the contractor: Unexpected additional expenses. Loss of
How to respond to a cure notice?
Although you may be angry or disagree with the governments explanation, your notice to cure response must focus on providing a plan of action, articulating legal excuses for noncompliance, and describing why a termination for default will not be in the governments interest.
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