Common use of Liquidated Damages For Failure to meet Performance Outcomes and Standards Clause in Contracts

Liquidated Damages For Failure to meet Performance Outcomes and Standards. The Contractor hereby acknowledges and agrees that its performance under the Contract shall meet the Performance Outcomes and Standards set forth in Section II., P., 1. If the Contractor fails to meet any Performance Outcomes and Standards, the Department will impose Liquidated Damages in the amount of $2,500.00 per standard per institutional site. Repeated failure to meet performance outcomes and standards in consecutive months will result in liquidated damages being doubled.