Termination for Convenience - An Unfettered Right. Discuss.

In addition to a party's right to bring a contract to an end at common law, most engineering and construction contracts contain provisions allowing the parties to terminate a contract should certain circumstances arise, for example, serious or repeated default or insolvency.
Such termination provisions will usually require notice to be given before the termination can take effect and will often allow the "defaulting" party an opportunity to correct the problem and, thereby, avoid the termination.

It is increasingly the case that engineering and construction contracts will also provide the owner and, sometimes, the contractor, with the ability to terminate the contract "for convenience" or "at will". More often than not, such a provision will permit termination without having to specify a reason.