Common use of Breach of Contract and Liquidated Damages Clause in Contracts

Breach of Contract and Liquidated Damages. In accordance with Executive Law Section 316-a and 5 NYCRR §142.13, the Contractor acknowledges that if it is found to have willfully and intentionally failed to comply with the MWBE participation goals set forth in the Contract, such a finding constitutes a breach of contract and the Contractor shall be liable to OGS for liquidated or other appropriate damages, as set forth herein.

Appears in 55 contracts

Samples: Contract for the Acquisition of Information Technology Commodities and/or Services, Contract for the Acquisition of Information Technology Commodities and/or Services, Contract for the Acquisition of Information Technology Commodities and/or Services

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