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A vendor misses a key milestone

A key vendor missed an important milestone. The contract includes late-delivery penalties. What is the best approach?

A.Apply the penalties immediately and stop talking to the vendorB.Meet the vendor to understand the cause and get a recovery plan, assess the impact on your project, use contract terms where appropriate, inform the sponsor and prepare a contingencyC.Ignore it to keep the relationship friendlyD.Cancel the contract the same day

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A vendor misses a key milestone

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