of Baltimore School of Law) and Shook (senior partner, Shook Doran LLP) retain the core materials on such topics as the limited authority of officials, competition, negotiated procurement, protests of awards, contract types and administration, changes in contracts, claims, small businesses and subcontracts, disputes, and termination for convenience and for default, utilizing more recent cases throughout.
What does T/C stand for?
T/C stands for Termination for Convenience
This definition appears frequently and is found in the following Acronym Finder categories:
- Military and Government
See other definitions of T/C
We have 135 other meanings of T/C in our Acronym Attic
- Tie Bomber (Star Wars)
- Tissue/Blood Ratio (toxicology)
- Top & Bottom
- Tumor/Background Ratio (biotechnology)
- Table of Basic Allowances
- Table of Contents
- Tactical Coordinator
- Take Care
- Telephone Call
Samples in periodicals archive:
For example, following a termination for convenience, a contracting officer may invite a contractor claim as a starting point for determining what is owed.
Unlike the present official termination for convenience clause contained in the Federal Acquisition Regulation, these termination clauses allow the customer to end service when its requirement ends without further liability.
In addition, financiers argued that the standard termination for default clause and the termination for convenience clause found in standard service contracts increased t he already high level of risk associated with a private prison loan (2) In general, private prison companies and their financiers complained that there was a "mismatch" between the credit risk associated with the underlying contract and the repayment terms of the capital.
Pursuant to the final termination for convenience settlement, the parties agreed that Fairchild was entitled to receive $120.