(a) The commissioner shall adopt regulations permitting the inclusion of clauses providing for adjustments in prices, time of performance, or other contract provisions as appropriate.
(b) The commissioner shall adopt regulations permitting or requiring the inclusion in state contracts of clauses providing for appropriate remedies and covering the following subjects:
(1) liquidated damages;
(2) specified excuses for delay or nonperformance;
(3) termination of the contract for default; and
(4) termination of the contract in whole or in part for the convenience of the state.
Section: Previous 36.30.350 36.30.360 36.30.362 36.30.365 36.30.370 36.30.380 36.30.390 36.30.400 36.30.410 36.30.420 36.30.430 36.30.460 36.30.470 36.30.480 NextLast modified: November 15, 2016