In plain English
It means the contract, or a specific contractual right or duty under it, is put on hold rather than ended. The stopping is temporary and lasts for a period. After that period, the operation or performance may start again.
In context
Here, suspension labels that the contract's operation or performance, or a contractual right or duty within it, is temporarily on hold and may resume later.
- Situation
- Processing amendments, renewals, extensions, suspension, and termination
- What it communicates
- labels the contract's temporary paused state in the record
Meaning limits
The term by itself does not say when the pause began, how long it lasts, or whether resumption will in fact occur.
Examples
“After the flood, performance under the contract went into suspension until the road reopened.”
“While the dispute continued, the supplier's duty to deliver remained under suspension.”