Common use of Contractor’s Limitation of Liability Clause in Contracts

Contractor’s Limitation of Liability. Except as provided in Section 22.4, in no event will Contractor’s aggregate liability to the Department under this Contract, regardless of the form of action, whether in contract, tort, negligence, strict liability or by statute or otherwise, for any claim related to or arising under this Contract, exceed twice the Maximum Amount of the Contract. Following the successful completion of the DDI phase and acceptance by the Department, Contractor’s aggregate liability will be reduced to 1.6 times the Maximum Amount of the contract. After the completion of each full year of operations, Contractor’s aggregate liability limit will be reduced by .15 (e.g. after Year 1 of operations 1.45 times, after Year 2 of operations 1.30 times, after Year 3 of operations

Appears in 5 contracts

Samples: imlive.s3.amazonaws.com, cdn-aem.optum.com, imlive.s3.amazonaws.com

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