What is the notice period for cancellation due to non-payment?

The correct choice indicates that a notice period of no less than ten days is required when cancelling due to non-payment. This timeframe is significant because it allows the City sufficient time to respond and take appropriate action regarding the situation of non-payment. It establishes a fair process for both parties, ensuring that the contractor has a reasonable period to rectify the payment issue or make arrangements before any contractual termination occurs.

A notice period of ten days also adheres to common practice in contractual agreements, which typically require a reasonable duration for parties to address unresolved matters before resorting to more severe measures like cancellation. This approach balances the interests of the contractor and the City, allowing for communication and problem resolution within that specified timeframe.