Common use of Additional Costs or Monetary Loss Resulting from Recipient Non-Compliance Clause in Contracts

Additional Costs or Monetary Loss Resulting from Recipient Non-Compliance. If the Recipient’s non-compliance with any provision of the Agreement results in additional cost or monetary loss to the Commission or the State of Florida to the extent allowed by Florida Law, the Commission can recoup that cost or loss from monies owed to the Recipient under this Agreement or any other agreement between Recipient and the Commission. In the event the discovery of this cost or loss arises when no monies are available under this Agreement or any other agreement between the Recipient and the Commission, the Recipient will repay such cost or loss in full to the Commission within thirty (30) days of the date of notice of the amount owed, unless the Commission agrees, in writing, to an alternative timeframe. If the Recipient is unable to repay any cost or loss to the Commission, the Commission shall notify the State of Florida, Department of Financial Services, for resolution pursuant to Section 17.0415, F.S.

Appears in 4 contracts

Samples: Recipient/Subrecipient Agreement, Recipient/Subrecipient Agreement, Recipient/Subrecipient Agreement

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