A Stop Order is a legal demand to cease all employee labor at a job site due to violation of state law(s). This type of order is issued by government agencies when there are safety concerns or unlawful actions in progress.
What is a stop work clause?
At any time by written notice and at no cost, Buyer may require Supplier to stop all or any part of the work under a Purchase Order for up to 60 calendar days (“Stop Work Order”), and for any further period as mutually agreed.
What is a stop work order from building inspector in Florida?
If you are issued a stop work order, stop working immediately. They can be issued to protect other buildings, tenants or workers from unsafe conditions. A violator can be fined or charged as a criminal. A new inspection of a job site may be necessary to nullify a stop work order.
Is a work order a contract?
A work order contract is a contract between two parties, whereby, in exchange for a fee, one of them agrees to independently create and deliver an intellectual or artistic work, in accordance with the plan and instructions of the other.
What are the risks of a stop order?
- Gaps: Stop orders are vulnerable to pricing gaps, which can sometimes occur between trading sessions or during pauses in trading, such as trading halts.
- Fast markets: How fast prices move can also affect the execution price.
What is stop work in construction?
A stop work order is a legal tool project owners (or occasionally other parties) use to shut down work on a construction jobsite until the issue is fixed or the parties reach an agreement.