What is the typical remedy if a default is not cured within the specified cure period under A201?

• A. Immediate termination without notice.
• B. No remedy or action is allowed.
• C. Termination or other remedies after notice and cure period.
• D. The Owner must issue a new contract.

Answer: (C)

When a party is in default, the contract gives them a chance to fix it by providing a written notice of default and a specified cure period. If the default isn’t cured within that window, the non-defaulting party may terminate for cause and pursue the contract’s other remedies. This structure protects the project by ensuring there’s due process: you warn, you allow time to fix, and if nothing changes, you can end the relationship or take steps to complete the work through other means and recover costs. Immediate termination without notice isn’t allowed, and you’re not required to issue a new contract simply because of a default—the remedy is termination or other remedies after the cure period.