23. Arrangement of contract in event of death of contractor or termination or giving up of contract by contractor prior to expiration of term of contract:
(1) If any contractor taking a government contract dies prior to the expiration of the term of the contract and his or her heir or wealth guarantor makes an application within thirty days to the office or authority making arrangement of contract covenanting that he or she shall take over the contract, the contract shall be awarded to such a applicant for the remainder of term, subject to this Act and the rules framed under this Act.
(2) If application is made by both the heir and the guarantor for taking over a contract pursuant to Sub-section (1), priority shall be given to the heir.
(3) If any contractor gives up or terminates a contract prior to the expiration of the term of the contract and the guarantor of the contractor, being agreed to take over the contract on such terms and conditions as previously agreed upon, makes an application within thirty five days, the contract shall be awarded to the guarantor.
(4) If a contract is awarded to a guarantor pursuant to Sub- section (1) or (3) or any other person pursuant to Sub-section (5), the previous contractor or his or her heir shall have no right and liability on any matters relating to that contract after that date.
(5) If any person who is in a position of being awarded a contract pursuant to Sub-section (1), (2) or (3) does not make an application to take the contract accordingly, the arrangement of another contractor may be made for the remainder of the term subject to this Act or the rules framed under this Act