LIQUIDATED DAMAGES FOR DATA BREACH. a. Consistent with the requirements of 38 U.S.C. §5725, a contract may require access to sensitive personal information. If so, the contractor is liable to VA for liquidated damages in the event of a data breach or privacy incident involving any SPI the contractor/subcontractor processes or maintains under this contract.
Appears in 2 contracts
Samples: imlive.s3.amazonaws.com, www.vendorportal.ecms.va.gov
LIQUIDATED DAMAGES FOR DATA BREACH. a. Consistent with the requirements of 38 U.S.C. §5725, a contract may require access to sensitive personal information. If so, the contractor is liable to VA for liquidated damages in the event of a data breach or privacy incident involving any SPI the contractor/subcontractor processes or maintains under this contract.
Appears in 2 contracts
Samples: www.vendorportal.ecms.va.gov, www.vendorportal.ecms.va.gov
LIQUIDATED DAMAGES FOR DATA BREACH. a. Consistent with the requirements of 38 U.S.C. §5725, a contract may require access to sensitive personal information. If so, the contractor Contractor is liable to VA for liquidated damages in the event of a data breach or privacy incident involving any SPI the contractorContractor/subcontractor Subcontractor processes or maintains under this contract.
Appears in 1 contract
Samples: hmstech.com
LIQUIDATED DAMAGES FOR DATA BREACH. a. Consistent with the requirements of 38 U.S.C. §5725, a contract may require access to sensitive personal information. If so, the contractor Contractor is liable to VA for liquidated damages in the event of a data breach or privacy incident involving any SPI the contractorContractor/subcontractor Subcontractor processes or maintains under this contract. However, it is the policy of VA to forgo collection of liquidated damages in the event the Contractor provides payment of actual damages in an amount determined to be adequate by the agency.
Appears in 1 contract
Samples: www.fai.gov
