12A.Termination of contract: If a contractor fails to pay the money to be paid to the Government of Nepal as mentioned in sub-sections (2), (3) and (4) of Section 12 within the extended time-limit if any extended pursuant to Sub-section (4) of Section 12, and where such time extension has not been granted, within the time-limit set forth in sub-sections (2) and (3) of the said Section of fails to furnish a wealth guarantee pursuant to Sub- section (5) of the said Section, his or her contract shall be terminated, and Section 27 shall apply in this respect as if the contractor failed to perform the work as per his or her undertaking.