Cost of completion

{
  "id": "MLC-T-LAW-001341",
  "term": "Cost of completion",
  "field": "Law",
  "definition": "The amount of money required to finish a project or contract that has been breached or abandoned by one party. This measure of damages is often used in construction contracts when a contractor fails to complete the work. The non-breaching party can recover the reasonable cost to hire another party to finish the job.",
  "url": "https://mlchart.com/terminology/law/cost-of-completion/"
}