Common use of Financial Consequences Clause in Contracts

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager Contractor will timely submit completed MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports are due on or before the 15th calendar day after the close of each month $100 per Calendar Day late/not received by the Contract Manager

Appears in 430 contracts

Samples: Information Technology Staff Augmentation Services, Information Technology Staff Augmentation Services, Information Technology Staff Augmentation Services

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Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will timely submit completed complete MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports Completed reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day day late/not received by the Contract Manager

Appears in 144 contracts

Samples: Alternate Contract Source Agreement, Alternate Contract Source Agreement, Alternate Contract Source Agreement

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager Contractor will timely submit completed complete MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports Completed reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Manager100

Appears in 60 contracts

Samples: Alternate Contract Source Agreement, Furniture, (All Types) Amendment, Furniture, All Types Amendment

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received day late Deliverable Performance Metric Performance Due Date Financial Consequence for Non- Performance /Not Received by the Contract Manager Contractor will timely submit completed complete MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports Completed reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day day late/not received by the Contract Manager

Appears in 15 contracts

Samples: On Demand Remote Interpreting and Document Translation, Contract Amendment, Contract Amendment

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will timely submit completed complete MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports Completed reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the day late Mandatory Punchout Catalog Implementation Contract Managerduration Within 90 calendar days of Contract execution $100 per day late <Insert additional financial consequences as needed>

Appears in 9 contracts

Samples: Books and Non Print Library Materials, and Related Ancillary Services Contract, Books and Non Print Library Materials, and Related Ancillary Services Contract, Books and Non Print Library Materials, and Related Ancillary Services Contract

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails Failure to comply with the requirements of the ContractTerm Contract will result in the imposition of financial consequences. The following financial consequences will apply for the Contractor’s non-failure to meet the performance metric standard and due date corresponding with the deliverables under the Term Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Term Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Term Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Term Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed complete Term Contract Quarterly Sales Reports All Term Contract Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will timely submit completed complete MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports Completed reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day day late/not received by the Contract Manager

Appears in 8 contracts

Samples: Body Armor and Ballistic Resistant Products, Contract Amendment, Contract for Body Armor and Ballistic Resistant Products

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails Failure to comply with the requirements of the ContractTerm Contract will result in the imposition of financial consequences. The following financial consequences will apply for the Contractor’s non-failure to meet the performance metric standard and due date corresponding with the deliverables under the Term Contract. The Customer and the Contractor may agree to add impose additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase orderpurchase. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Term Contract termination termination, or nonrenewal, when the Contractor has failed to comply with the provisions of the Term Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Term Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed complete Term Contract Quarterly Sales Reports All Term Contract Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will timely submit completed complete MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports Completed reports are due on or before the 15th calendar day after the close of each month $100 per Calendar Day day late/not received by the Contract Manager

Appears in 5 contracts

Samples: On Demand Remote Interpreting and Document Translation, On Demand Remote Interpreting and Document Translation, On Demand Remote Interpreting and Document Translation

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager Contractor will timely submit completed complete MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports Completed reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Manager<Insert additional financial consequences as needed>

Appears in 2 contracts

Samples: Unmanned Aerial Vehicle (Drone) Services Contract, Unmanned Aerial Vehicle (Drone) Services Contract

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed Quarterly Sales Reports complete All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day $250 Quarterly Sales Reports with the required information after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager Contractor will timely submit completed complete MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports Completed reports are due on or before the 15th calendar day after the close of each month $100 per Calendar Day late/not received by the Contract Manager100

Appears in 2 contracts

Samples: Furniture, (All Types) Amendment, Furniture, (All Types) Amendment

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which that are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will timely submit completed complete MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports Completed reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day day late/not received by the Contract Manager

Appears in 2 contracts

Samples: Alternate Contract Source Agreement, Alternate Contract Source Agreement

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will All MFMP Completed reports $100 per day late timely submit completed MFMP Transaction Fee Reports All are due on or complete MFMP Transaction Fee Reports will be before the 15th Transaction Fee submitted timely calendar day after Reports with the required information Reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Managermonth

Appears in 2 contracts

Samples: Procurement Acquisition Support Services, Technology Products, Services, Solutions, and Related Products and Services Contract

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for NonDocuSign Envelope ID: FCB31CD9-Performance F3F5-401D-BBD3-DECEEC186157 Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will All MFMP Completed reports $100 per day late timely submit completed MFMP Transaction Fee Reports All are due on or complete MFMP Transaction Fee Reports will be before the 15th Transaction Fee submitted timely calendar day after Reports with the required information Reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Managermonth

Appears in 1 contract

Samples: Books and Non Print Library Materials, and Related Ancillary Services Contract

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will timely submit completed complete MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports Completed reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day day late Mandatory Punchout Catalog Implementation Contract duration Within 90 calendar days of Contract execution $100 per day late/not received by the Contract Manager

Appears in 1 contract

Samples: Alternate Contract Source Agreement

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Financial Consequences Chart Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will (Per Calendar Day Late/Not Received by the Contract Manager)‌‌‌ timely submit completed Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager Contractor will All MFMP Completed reports $100 timely submit completed MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports are due on or before the 15th Transaction Fee submitted timely calendar day after the close of each month Contractor will All equipment will All equipment will $100 per Calendar Day late/not received by deliver equipment be fully fueled and be delivered within No favorable action will be considered when Contractor has outstanding Contract Quarterly Sales Reports, MFMP Transaction Fee Reports, or any other documentation owed to the Contract ManagerDepartment or Customer, to include fees / monies, that is required under this Contract.‌

Appears in 1 contract

Samples: Equipment Rental Services Agreement

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for NonDocuSign Envelope ID: F65F1A2A-Performance DE1C-448B-B633-A9EE75A4A1D4 Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will All MFMP Completed reports $100 per day late timely submit completed MFMP Transaction Fee Reports All are due on or complete MFMP Transaction Fee Reports will be before the 15th Transaction Fee submitted timely calendar day after Reports with the required information Reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Managermonth

Appears in 1 contract

Samples: Books and Non Print Library Materials, and Related Ancillary Services Contract

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for NonDocuSign Envelope ID: 38647A75-Performance 9859-4A0A-B63A-ACB48C700D71 Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will All MFMP Completed reports $100 per day late timely submit completed MFMP Transaction Fee Reports All are due on or complete MFMP Transaction Fee Reports will be before the 15th Transaction Fee submitted timely calendar day after Reports with the required information Reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Managermonth

Appears in 1 contract

Samples: Books and Non Print Library Materials, and Related Ancillary Services Contract

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Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for NonDocuSign Envelope ID: 0FA4D9F5-Performance A4FD-45F8-98A8-EF98D9A2101F Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will All MFMP Completed reports $100 per day late timely submit completed MFMP Transaction Fee Reports All are due on or complete MFMP Transaction Fee Reports will be before the 15th Transaction Fee submitted timely calendar day after Reports with the required information Reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Managermonth

Appears in 1 contract

Samples: Books and Non Print Library Materials, and Related Ancillary Services Contract

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for NonDocuSign Envelope ID: C53E36A5-Performance F8BB-4379-8275-0AE26C81246D Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will All MFMP Completed reports $100 per day late timely submit completed MFMP Transaction Fee Reports All are due on or complete MFMP Transaction Fee Reports will be before the 15th Transaction Fee submitted timely calendar day after Reports with the required information Reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Managermonth

Appears in 1 contract

Samples: Books and Non Print Library Materials, and Related Ancillary Services Contract

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for NonDocuSign Envelope ID: 264F5188-Performance 083D-4960-980F-A09433569F94 Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will All MFMP Completed reports $100 per day late timely submit completed MFMP Transaction Fee Reports All are due on or complete MFMP Transaction Fee Reports will be before the 15th Transaction Fee submitted timely calendar day after Reports with the required information Reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Managermonth

Appears in 1 contract

Samples: Books and Non Print Library Materials, and Related Ancillary Services Contract

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for NonDocuSign Envelope ID: F3E9B92F-Performance F440-4BDF-988A-9E76E9EEA318 Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will All MFMP Completed reports $100 per day late timely submit completed MFMP Transaction Fee Reports All are due on or complete MFMP Transaction Fee Reports will be before the 15th Transaction Fee submitted timely calendar day after Reports with the required information Reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Managermonth

Appears in 1 contract

Samples: Books and Non Print Library Materials, and Related Ancillary Services Contract

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for NonDocuSign Envelope ID: A5F6A43E-3233-Performance 4EAA-AD1D-C225FF722E2A Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will All MFMP Completed reports $100 per day late timely submit completed MFMP Transaction Fee Reports All are due on or complete MFMP Transaction Fee Reports will be before the 15th Transaction Fee submitted timely calendar day after Reports with the required information Reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Managermonth

Appears in 1 contract

Samples: Books and Non Print Library Materials, and Related Ancillary Services Contract

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for NonDocuSign Envelope ID: C4F9E154-Performance F998-4139-AD2C-A6F236224343 Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will All MFMP Completed reports $100 per day late timely submit completed MFMP Transaction Fee Reports All are due on or complete MFMP Transaction Fee Reports will be before the 15th Transaction Fee submitted timely calendar day after Reports with the required information Reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Managermonth

Appears in 1 contract

Samples: Books and Non Print Library Materials, and Related Ancillary Services Contract

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for NonDocuSign Envelope ID: 83AEF5E6-Performance 1C0E-4DD5-A7E7-9FFF5300BD1F Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will All MFMP Completed reports $100 per day late timely submit completed MFMP Transaction Fee Reports All are due on or complete MFMP Transaction Fee Reports will be before the 15th Transaction Fee submitted timely calendar day after Reports with the required information Reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Managermonth

Appears in 1 contract

Samples: Books and Non Print Library Materials, and Related Ancillary Services Contract

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for NonDocuSign Envelope ID: 2EE5B09A-7554-Performance 40D4-A820-8E6FAB360CBF Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will All MFMP Completed reports $100 per day late timely submit completed MFMP Transaction Fee Reports All are due on or complete MFMP Transaction Fee Reports will be before the 15th Transaction Fee submitted timely calendar day after Reports with the required information Reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Managermonth

Appears in 1 contract

Samples: Books and Non Print Library Materials, and Related Ancillary Services Contract

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for NonDocuSign Envelope ID: C41796CE-186B-4BD6-Performance B149-515B9EDE1CDE Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will All MFMP Completed reports $100 per day late timely submit completed MFMP Transaction Fee Reports All are due on or complete MFMP Transaction Fee Reports will be before the 15th Transaction Fee submitted timely calendar day after Reports with the required information Reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Managermonth

Appears in 1 contract

Samples: Books and Non Print Library Materials, and Related Ancillary Services Contract

Financial Consequences. The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for NonDocuSign Envelope ID: 8389DE30-Performance CDB4-4C2E-83CF-3D04D4757E03 Contractor will timely submit completed complete Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports Completed reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager day late Contractor will All MFMP Completed reports $100 per day late timely submit completed MFMP Transaction Fee Reports All are due on or complete MFMP Transaction Fee Reports will be before the 15th Transaction Fee submitted timely calendar day after Reports with the required information Reports are due on or before the 15th calendar day after the close end of each month $100 per Calendar Day late/not received by the Contract Managermonth

Appears in 1 contract

Samples: Books and Non Print Library Materials, and Related Ancillary Services Contract

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