All articles tagged with #contract cancellations
A Bay Area anti-surveillance group reports 214 jurisdictions have dropped Flock Safety’s license-plate readers since 2021, with 93 terminations in August 2026 alone (about three per day). Critics cite runaway surveillance, unwanted data sharing, and high costs; Flock says new partnerships still outpace nonrenewals. The controversy has drawn bipartisan scrutiny from lawmakers, including Sen. Hawley and Gov. DeSantis.
Saudi Arabia’s NEOM faces about 60 billion riyals ($16 billion) in payments to terminate long‑term contracts from 2026–2030, a sign of budget retrenchment as deficits and lagging foreign investment push the kingdom to curb ambitious projects. The cost highlights the price of halting work on initiatives like The Line and other deals with firms such as Webuild, even as NEOM preserves some spend on OXAGON and a green hydrogen project. Final cancellation totals could shift after contractor negotiations, and the broader strategy is to reprioritize spending toward ventures with clearer returns.