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Example: In the event that either party fails to perform any obligation under this Agreement, the non-breaching party must provide written notice of such failure to the breaching party. The breaching party shall have thirty (30) days from receipt of such notice to cure the breach.
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.
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.
If a contract is to be terminated for default before the delivery date, a Cure Notice is required by the Default clause. Before using this notice, it must be ascertained that an amount of time equal to or greater than the period of cure remains in the contract delivery schedule or any extension to it.
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.
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