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N.Y. New York State Printing and Public Documents Law § 8

Right to annul contracts

2014-09-22

§ 8. Right to annul contracts. Upon the failure or non-performance of\nthe terms of any of the contracts awarded pursuant to this chapter on\nthe part of the contractors with the state, the commissioner of general\nservices or the state agency may annul the contract in which default is\nmade and the comptroller shall withhold payment from the contractor for\nall work performed thereunder until the damage to the state shall be\nascertained by proper adjudication, and the commissioner of general\nservices or the state agency, may relet the contract for the balance of\nthe uncompleted term of a contract so annulled or abrogated in the\nmanner prescribed in the provisions of this chapter.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.