Deficiency Identification Deduction Sample Clauses
Deficiency Identification Deduction. Violation of any Department procedures, policies, handbooks, or any other contract document $500 per occurrence of violation
Deficiency Identification Deduction. Failure to meet overall MRP score requirements (Periods 1, 2 & 3) Deduct one quarter percent (0.25%) of one-third of the annual performance-based contract amount for each MRP point below procedural requirements for overall MRP score. Example: If the annual performance-based lump sum contract amount is for $ 3,000,000, the deduction will be 1/3*3,000,000*0.0025 = $ 2,500 per point.