This helps the project owner not to pay permanently for work and equipment that is not used. In the event of suspension of a contract, any party may suspend a contract for specific reasons set out in the terms and conditions of an agreement. To suspend a supplier or supplier is to suspend the party from participating in the tendering procedure or from signing a contract for a specified period, due to an infringement or other breach. The reason for suspension is largely similar to that for termination. For example, there may be a change in circumstances that makes it impossible to continue the performance of the contract. A blockage of the contract is the temporary termination of the service. . . .
Suspension Agreement Template
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