ABSTRACT

If any Sponsor Event of Default has occurred [and is continuing,] the Contractor may stop the Work, in which case the Contractor:

(a) shall take [all] steps [necessary] to preserve, protect and care for all Work, Equipment and materials at the Site, in transit thereto, or at storage areas under its responsibility; and

(b) may make an Adjustment Claim at any time [until <<insert number>> Days after the cessation of the Sponsor Event of Default].