Deliverables, Tasks, Minimum Level of Service, and Financial Consequences Sample Clauses

Deliverables, Tasks, Minimum Level of Service, and Financial Consequences. Deliverable 1 – Project Kick‐Off Meeting 1. At a minimum, Contractor must conduct a kick‐off meeting in accordance with section 2.1.1, and as evidence provide DEO with the agenda and presentation materials, as approved by DEO within five (5) calendar days of Contract execution or by November 18, 2022, whichever is sooner. Completion of this deliverable is based on review and approval by XXX. Failure to conduct the kick‐off meeting and provide the agenda and presentation materials, as approved by DEO within five (5) calendar days of Contract execution, or by November 18, 2022, whichever is sooner, shall result in a penalty of $500 per day for every business day beyond the due date. Such reduction shall be made from the deliverable payment.
Sample 1
AutoNDA by SimpleDocs
Deliverables, Tasks, Minimum Level of Service, and Financial Consequences. BPR 1. Submit a BPR PMP Submit a BPR Staffing Plan approved by DEO within 30 business days of the effective date of the Contract. As part of the BPR PMP, Contractor shall submit a BPR Staffing Plan within 30 business days of the effective date of the Contract. Completion of this deliverable is based on review and approval by XXX. applicable due date until submission of the materials as follows: $2,500 per day, for the first 5 days; $5,000 per day, for the next 5 days; and $10,000 per day, for every day thereafter. Such reductions shall be made from the deliverable payment. In accordance with Section 1.3- 2.c, Contractor shall: Establish BPR Policies, Procedures, and Tools At a minimum, Contractor must provide tools and standards, document data collection methods, and identify the metrics planning approach for the business process reengineering function in accordance with Section 1.3-2.c within 20 business days of the effective date of the Contract. These tools need to facilitate the capturing of As-Is and To- Be processes and customer journeys. Completion of this deliverable is based on review and approval by XXX. Failure to provide BPR Tools and Standards, as specified, shall result in a tiered reduction for each business day beyond the applicable due date until submission of the materials as follows: $2,500 per day, for the first 5 days; $5,000 per day, for the next 5 days; and $10,000 per day, for every day thereafter. Such reductions shall be made from the deliverable payment. In accordance with Section 1.3-3, Contractor shall: Submit the Discovery Report per the components defined in sections 1.3-3 a-k. At a minimum, within 45 business days of the effective date of the Contract, Contractor must include the following components in the Discovery Report: 1. Identify in-scope systems 2. Identify SMEs 3. Identify governing boards 4. Identify external user types Failure to conduct the Discovery Report, as specified, shall result in a tiered reduction for each business day beyond the applicable due date until submission of the materials as follows: $2,500 per day, for the first 5 days; $5,000 per day, for the next 5 days; and $10,000 per day, for every day thereafter. Such reductions 5. Provide artifacts gathered 6. Document lessons learned 7. Conduct a one-time, technical specification survey 8. Provide inventory of Workforce Partners’ additional resources Completion of this deliverable is based on review and approval by DEO. shall be made from the delivera...
Sample 1
Deliverables, Tasks, Minimum Level of Service, and Financial Consequences. Deliverable 1 - Senior Project Manager 1. Within five (5) business days of execution of this Contract, Contractor shall notify DEO's CIO or designee in writing of the Senior Project Manager selected to be dedicated to the Reemployment Assistance Modernization Program who meets the requirements of section 1.2.2. and will fulfill the duties outlined in section 1.2. 1. Failure to meet the minimum acceptance criteria for Deliverable 1 will result in a financial penalty of 5% of the total Contract amount per day for each business day, not excluding holidays, Contractor is delinquent past the due date. 1. Within 45 business days of execution of this Contract, Contractor shall submit a Project Management Plan via email to DEO's CIO or designee as described in section 1.2. 1. Failure to meet the minimum acceptance criteria for Deliverable 2 will result in a financial penalty of 5% of the total Contract amount per day for each business day, not excluding holidays, Contractor is delinquent past the due date. 1. Within 45 business days of execution of this Contract, Contractor shall submit to DEO's CIO or designee a scorecard and dashboard via email as described in section 1.2.1 to track and communicate the progress of the Reemployment Assistance Modernization Program and its project progress. Failure to meet the minimum acceptance criteria for Deliverable 3 will result in a financial penalty of 5% of the total Contract amount per day for each business day, not excluding holidays, Contractor is delinquent past the due date.
Sample 1
Deliverables, Tasks, Minimum Level of Service, and Financial Consequences. If Contractor fails to provide the items that are identified in this solicitation, financial consequences shall be assessed in accordance with the terms of the Contract. This section lists the specific deliverables. Contractor shall develop and submit an Initial Project Management Plan in accordance with section 10.1. At a minimum, Contractor must develop and submit to DEO an Initial Project Management Plan for in-scope applications in accordance with section 10.1 within five (5) calendar days of Contract execution. Out-of-scope applications will be due no later than June 2024, but a specific due date and financial consequences will be determined by DEO through a Contract amendment. Completion of this deliverable is based on review and approval by XXX. Failure to provide the Initial Project Management Plan for in-scope applications as specified in section 10.1 within five (5) calendar days of Contract execution shall result in a penalty of $500 per day for every calendar day beyond the due date. Such reduction shall be made from the deliverable payment.
Sample 1
Deliverables, Tasks, Minimum Level of Service, and Financial Consequences 
Sample 1

Related to Deliverables, Tasks, Minimum Level of Service, and Financial Consequences

  • Particular Methods of Procurement of Consultants’ Services 1. Quality- and Cost-based Selection. Except as otherwise provided in paragraph 2 below, consultants’ services shall be procured under contracts awarded on the basis of Quality and Cost-based Selection.

  • Detailed Description of Services / Statement of Work Describe fully the services that Contractor will provide, or add and attach Exhibit B to this Agreement.

  • Service Level Expectations Without limiting any other requirements of the Agreement, the Service Provider shall meet or exceed the following standards, policies, and guidelines:

  • Sector Sub-Sector Industry Classification Level of Government Type of Obligation Description of Measure Source of Measure All sectors : : - : Central : National Treatment Senior Management and Board of Directors : National Treatment and the Senior Management and Board of Directors obligations shall not apply to any measure relating to small and medium sized domestic market enterprise2. Foreign equity is restricted to a maximum of 40% for domestic market enterprises with paid-in equity capital of less than the equivalent of USD 200,000 Note: Members of the Board of Directors or governing body of corporation or associations shall be allowed in proportion to their allowable participation or share in the capital of such enterprises. : -1987 Constitution of the Republic of the Philippines. - Foreign Investments Act of 1991 (R.A. No. 7042, as amended by R.A. No. 8179). -Presidential and Administrative Issuances. ∞ 2 The concept of a small and medium sized domestic market enterprise is an enterprise with paid in equity capital of less than the equivalent of USD 200,000.00.

  • Geographic Area and Sector Specific Allowances, Conditions and Exceptions The following allowances and conditions shall apply where relevant. Where the Employer does work which falls under the following headings, the Employer agrees to pay and observe the relevant respective conditions and/or exceptions set out below in each case.

  • Presentation of Potential Target Businesses The Company shall cause each of the Initial Shareholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Initial Shareholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination or the liquidation of the Company, subject to any pre-existing fiduciary obligations the Initial Shareholders might have.

  • Attachment A, Scope of Services The scope of services is amended as follows:

  • Registry Performance Specifications Registry Performance Specifications for operation of the TLD will be as set forth in Specification 10 attached hereto (“Specification 10”). Registry Operator shall comply with such Performance Specifications and, for a period of at least one (1) year, shall keep technical and operational records sufficient to evidence compliance with such specifications for each calendar year during the Term.

  • Fund Valuation and Financial Reporting Services (1) Account for Fund share purchases, sales, exchanges, transfers, dividend reinvestments, and other Fund share activity as reported by the Fund’s transfer agent on a timely basis. (2) Apply equalization accounting as directed by the Fund. (3) Determine net investment income (earnings) for the Fund as of each valuation date. Account for periodic distributions of earnings to shareholders and maintain undistributed net investment income balances as of each valuation date. (4) Maintain a general ledger and other accounts, books, and financial records for the Fund in the form as agreed upon. (5) Determine the net asset value of the Fund according to the accounting policies and procedures set forth in the Fund’s current prospectus. (6) Calculate per share net asset value, per share net earnings, and other per share amounts reflective of Fund operations at such time as required by the nature and characteristics of the Fund. (7) Communicate to the Fund, at an agreed upon time, the per share net asset value for each valuation date. (8) Prepare monthly reports that document the adequacy of accounting detail to support month-end ledger balances. (9) Prepare monthly security transactions listings.

  • Description of Administration Services on a Continuous Basis (a) PNC will perform the following administration services with respect to each Portfolio: (i) Prepare quarterly broker security transactions summaries; (ii) Prepare monthly security transaction listings; (iii) Supply, in the form requested, various customary Portfolio and Fund statistical data on an ongoing basis; (iv) Prepare and ensure the filing of the Funds’ annual and semi-annual reports with the SEC on Forms N-SAR and N-CSR and the Fund’s quarterly reports with the SEC on Form N-Q; (v) If mutually agreed by PNC and VP Distributors in writing, prepare (or assist in the preparation of) and ensure the filing of (or coordinate filing of, as may be mutually agreed) such other reports with the SEC as may be required by the SEC and that would be primarily fulfilled using books and records maintained by PNC under the terms of this Agreement; (vi) Assist in the preparation of registration statements and other filings relating to the registration of Shares; (vii) Monitor each Portfolio’s status as a regulated investment company under Sub-chapter M of the Internal Revenue Code of 1986, as amended (“Sub-Chapter M”); (viii) Coordinate contractual relationships and communications between the Funds and their contractual service providers; (ix) Prepare expense budgets, accrual review and expense reports as needed; (x) Provide read-only on-line access to accounting system as requested; (xi) Provide electronic transmissions of holdings, transactions, security master, general ledger, NAV, security pricing data, and cash activity as specified; (xii) Coordinate printing and mailing of annual and semi-annual financial statements; (xiii) Prepare reports for Fund Boards and attend Board meetings when and as requested; (xiv) Prepare, execute, and file each Portfolio’s Federal and state tax returns, including closed funds, and appropriate extensions after review and approval by the Fund’s independent registered public accounting firm; (xv) Prepare, execute, and file each Portfolio’s federal excise returns (Form 8613) after review and approval by the Fund’s independent registered public accounting firm; (xvi) Prepare annual tax provisions and financial tax disclosures; (xvii) Prepare tax cost for semi-annual and Form N-Q filings updated for current year-to-date wash sales and prior year known Schedule M adjustments; (xviii) Prepare dividend calculations, including accompanying analysis and earnings summary in accordance with applicable policy (as such policy is provided in writing by VP Distributors to PNC), and maintain dividend history; (xix) Prepare required disclosures for shareholder reporting, including Form 1099-DIV reporting and supporting materials such as QDI, DRD, income from U.S. Obligations, income from State obligations, income from AMT obligations, tax-exempt income, and Florida intangibles; (xx) Monitor and propose procedures as needed for tax considerations in the following areas: corporate actions, consent income, bad debt/restructurings, new instruments, premium amortization, and legislation and industry developments on an ad hoc basis; and (xxi) Prepare and deliver, to the extent available to PNC, survey information when and in the form requested.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!