Hi. As a subcontractor, I have taken on a larger project for a builder. Throughout the project, I have had very patchy progress claims to the point that I am now three claims in with only approx 40% of the first claim paid thus far. I informed the builder that I will not be undertaking any more work until my claims are paid in full. The builder has requested the I relocate my equipment so he can carry on the job.
The builder has issued a purchase order to me prior to undertaking the project. Where do I stand under commercial law - can they just take the job over or am I eligible for compensation under contract law for terminating the contract midway with no other reason than insufficient cashflow?
Just trying to get a grasp of the situation before I engage a lawyer on this matter.
Any help is greatly appreciated. Thanks.
The builder has issued a purchase order to me prior to undertaking the project. Where do I stand under commercial law - can they just take the job over or am I eligible for compensation under contract law for terminating the contract midway with no other reason than insufficient cashflow?
Just trying to get a grasp of the situation before I engage a lawyer on this matter.
Any help is greatly appreciated. Thanks.