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Do i have an obligation to refund the deposit?

ColoradoConstruction Contract

I recieved a deposit in May 2022 for a job that was to be completed in June -August of that year. The client delayed and changed the scope of work several times over 9 months until deciding to move forward with a new scope of work in February 2023. They are asking for a full refund of the deposit so they can entertain new bids Do i need to refund the deposit even though they are in Breach of contact?

2 replies

Jan 24, 2023

This requires a review of your contract to answer.

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Jan 25, 2023
It depends what else your contract says about termination, and your right to damages, and whether they materially breached the contract.
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