Contract Training
Provisions that Limit the Time in which a Claim May be Brought
Some contracts limit the amount of time during which the University may bring a claim under the contract. For example, the contract might state that, in case of a question about invoices or services, the University “must bring a claim against the other party to the contract within one year.” Such a provision should be deleted because it limits the University’s ability to recover against the other party and acts as a contractual “statute of limitations.”
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