What are the rights of contractors and subcontractors when it comes to termination of a construction contract?

When it comes to terminating a construction contract in Washington, contractors and subcontractors have certain rights detailed in the Washington State Construction Contract Act. Under the act, contractors can terminate a contract if the subcontractor or owner fails to fully pay them for the services they have performed. In the event that a subcontractor fails to fulfill their obligations under the contract, the contractor can seek compensation for the reasonable costs of completing the project. Moreover, the act allows for termination if the job is not being completed in accordance with the contract, or if it appears that the contract cannot be completed according to the terms of the contract. In such cases, the contractor can terminate the contract and seek compensation for the reasonable cost of completing the project. In the event that an owner or contractor wrongfully terminates a contract, the subcontractor can seek indemnity for the reasonable cost of completing the project. This includes any reasonable costs for the subcontractor to complete the project, including any extra work that was not part of the original contract. Finally, the act also outlines the rights of contractors and subcontractors if delays occur that cause either party to be unable to complete the project. In such cases, the parties can terminate the contract and seek damages. Overall, the Washington State Construction Contract Act provides protections to contractors and subcontractors to ensure they are fairly compensated for work that they have completed, or that they can seek compensation for the reasonable costs of completing a project should the contract be wrongfully terminated.

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What are the rights of contractors and subcontractors when it comes to termination of a construction contract?

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