Contract cancellations and its impact

Previous cancellations or threats of doing so, however, say little repercussions given that many of the companies that saw their contracts being withdrawn were locally-owned corporations.

GOVERNMENTS changing their minds after an award of a contract is not as rare as it is made out to be. Over the years, there have been notable episodes where contract awards that were made were suddenly retracted with there being little recourse to the government.

Previous cancellations or threats of doing so, however, say little repercussions given that many of the companies that saw their contracts being withdrawn were locally-owned corporations.