Statutes, codes, and regulations
Mississippi Administrative Code
Title 12 - Finance and AdministrationPart 3 - Bureau of Building, Grounds and Real Property ManagementChapter 2 - Rules for the Bureau of Building, Grounds and Real Property ManagementRule 12-3-2.1 - Policies and Procedures
Section 12-3-2.1-700 - CONSTRUCTION PROCEDURES
Section 12-3-2.1-700.32 - DEFAULT OF CONTRACT

12 Miss. Code. R. 3-2.1-700.32

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Current through December 10, 2024
Section 12-3-2.1-700.32 - DEFAULT OF CONTRACT

If the Contractor defaults on the Standard Form of Agreement Between the Owner and the Contractor for any of the reasons listed in the General Conditions, Article 14, Paragraph 14.2, the Bureau will cease payment to the Contractor and notify the Contractor's Bonding Company and seek satisfaction.

12 Miss. Code. R. 3-2.1-700.32

Amended 8/14/2016