Common use of Maximum and Minimum Liability Amounts Clause in Contracts

Maximum and Minimum Liability Amounts. The maximum liability provided for by statute is $350,000 and the minimum liability amount required by the Enforcement Policy is $2,662 (Economic Benefit + 10%). The Enforcement Policy requires that the discretionary administrative civil liability must not exceed the maximum liability amount nor be less than the minimum liability amount. The proposed liability of $5,900 is greater than the minimum liability amount and lower than the maximum liability amount. RECOMMENDATIONS FOR DISCRETIONARY PENALTY

Maximum and Minimum Liability Amounts. The maximum liability provided for by statute is $350,000 and the minimum liability amount required by the Enforcement Policy is $2,662 2,346 (Economic Benefit + 10%). The Enforcement Policy requires that the discretionary administrative civil liability must not exceed the maximum liability amount nor be less than the minimum liability amount. The Because the proposed liability of is $5,900 5,906.25 , and it is greater than the economic benefit, the liability does not need to be adjusted to fall within the maximum and minimum liability amount and lower than the maximum liability amount. RECOMMENDATIONS FOR DISCRETIONARY PENALTYamounts.

Maximum and Minimum Liability Amounts. The maximum liability provided for by statute is $350,000 4,575,000 and the minimum liability amount required by the Enforcement Policy is $2,662 16,500. (Economic Benefit + 10%). The Enforcement Policy requires that the discretionary administrative civil liability must not exceed the maximum liability amount nor be less than the minimum liability amount. The Because the proposed liability of is $5,900 252,196.88, and it is greater than the economic benefit, the liability does not need to be adjusted to fall within the maximum and minimum liability amount and lower than the maximum liability amount. RECOMMENDATIONS FOR DISCRETIONARY PENALTYamounts.

Maximum and Minimum Liability Amounts. The maximum liability provided for by statute is $350,000 965,000, and the minimum liability amount required by the Enforcement Policy is less than $2,662 5 (Economic Benefit economic benefit + 10%). The Enforcement Policy requires that the discretionary administrative civil liability must not exceed the maximum liability amount nor be less than the minimum liability amount. The proposed Because the stipulated liability of is $5,900 is greater than 20,000, the liability does not need to be adjusted to fall within the maximum and minimum liability amount and lower than the maximum liability amount. RECOMMENDATIONS FOR DISCRETIONARY PENALTYamounts.