Common use of Deliverables and Financial Consequences Clause in Contracts

Deliverables and Financial Consequences. Deliverable Time Frame Financial Consequences 6 The Contractor shall ensure training and support are provided in accordance with the FL[DS]-approved SLA. Training and support must be provided in accordance with Section 6.2. of this RFQ and the FL[DS]- approved SLA for training and support. Financial consequences shall be assessed in the amount of $100 per calendar day, beginning on the first calendar day after any due date specified in the FL[DS]- approved SLA, until the requirement is accurately completed, unless the Department accepts different financial consequence in the Contractor’s Quote. 7 The Contractor shall report accurate information in accordance with the PO and any applicable ATC. QBRs are due 15 calendar days after the end of the quarter (January - March, April - June, July - September, and October - December). Monthly Implementation Reports are due five (5) calendar days after the end of the month. Monthly Training Reports are due five (5) calendar days after the end of the month. Monthly Service Reports are due five (5) calendar days after the end of the month. Ad hoc reports are due five (5) calendar days after the request by the Purchaser. Financial consequences shall be assessed in the amount of $100 per calendar day, beginning on the first calendar day after any due date, until an accurate report is received.