Throughout the consideration of contract termination in these examples, the impact on sovereign ratings was not even raised. Only in rare cases would the contractor challenge termination because, typically, the contractor would fear potential blacklisting. The termination process was professional and amicable. True: Termination is an arduous process with many potential pitfallsThe termination process includes issuing a termination notice, securing of the site, equipment and facilities, and, where appropriate, retendering for project completion. The drawbacks of termination include:• Project delay;• Increased project costs due to the retender exercise.
