Common use of Operational Requirements and Liquidated Damages Clause in Contracts

Operational Requirements and Liquidated Damages. The timely and accurate submission of Contractor’s QHP filings and documents to Covered California for upload into the CCSB eligibility and enrollment system is critical. When submissions are late, or inaccurate, Covered California suffers financial harm with each resubmission and such actions put the Renewal and Open Enrollment process at risk. The parties agree that the liquidated damages below are proportional to the damages Covered California incurs from each respective error made by Contractor. Therefore, Contractor agrees to meet the following operational requirements: Contractor must submit complete and accurate SERFF Templates to Covered California beginning with submissions for the 2017 Plan Year, and each year thereafter. Covered California will participate in two rounds of validation with the Contractor. Contractor agrees to pay liquidated damages in the amount of $5,000 for each additional round of validation beyond the first two rounds. Changes to any or all of Contractor’s SERFF Templates counts as one round of validation. If instructions provided by Covered California include inaccurate information which necessitates an additional round of validation, or an additional round of validation is necessary due to required changes by Covered California or Contractor’s State Regulators, those rounds of validation will not be counted in the two rounds of validations.

Operational Requirements and Liquidated Damages. The timely and accurate submission of Contractor’s QHP QDP filings and documents to Covered California for upload into CalHEERS is critical to the CCSB eligibility successful launch of each Renewal and enrollment system is criticalOpen Enrollment Period. When submissions are late, late or inaccurate, Covered California suffers financial harm with each resubmission and such actions put the Renewal and Open Enrollment process at risk. The parties agree that the liquidated damages below are proportional to the damages Covered California incurs from each respective error made by Contractor. Therefore, Contractor agrees to meet the following operational requirements: Contractor must submit complete and accurate SERFF Templates to Covered California beginning with submissions for the 2017 Plan Year, and each year thereafter. Covered California will participate in two rounds of validation with the Contractor. Contractor agrees to pay liquidated damages in the amount of $5,000 for each additional round of validation beyond the first two rounds. Changes to any or all of Contractor’s SERFF Templates counts as one round of validation. If instructions provided by Covered California include inaccurate information which necessitates an additional round of validation, or an additional round of validation is necessary due to required changes by Covered California or Contractor’s State Regulators, those rounds of validation will not be counted in the two rounds of validations.

Operational Requirements and Liquidated Damages. The timely and accurate submission of Contractor’s QHP filings and documents to Covered California for upload into CalHEERS is critical to the CCSB eligibility successful launch of each Renewal and enrollment system is criticalOpen Enrollment Period. When submissions are late, or inaccurate, Covered California suffers financial harm with each resubmission and such actions put the Renewal and Open Enrollment process at risk. The parties agree that the liquidated damages below are proportional to the damages Covered California incurs from each respective error made by Contractor. Therefore, Contractor agrees to meet the following operational requirements: Contractor must submit complete and accurate SERFF Templates to Covered California beginning with submissions for the 2017 Plan Year, and each year thereafter. Covered California will participate in two rounds of validation with the Contractor. Contractor agrees to pay liquidated damages in the amount of $5,000 for each additional round of validation beyond the first two rounds. Changes to any or all of Contractor’s SERFF Templates counts as one round of validation. If instructions provided by Covered California include inaccurate information which necessitates an additional round of validation, or an additional round of validation is necessary due to required changes by Covered California or Contractor’s State Regulators, those rounds of validation will not be counted in the two rounds of validations.

Operational Requirements and Liquidated Damages. The timely and accurate submission of Contractor’s QHP filings and documents to Covered California the Exchange for upload into CalHEERS is critical to the CCSB eligibility successful launch of each Renewal and enrollment system is criticalOpen Enrollment Period. When submissions are late, or inaccurate, Covered California the Exchange suffers financial harm with each resubmission and such actions put the Renewal and Open Enrollment process at risk. The parties agree that the liquidated damages below are proportional to the damages Covered California the Exchange incurs from each respective error made by Contractor. Therefore, Contractor agrees to meet the following operational requirements: Contractor must submit complete and accurate SERFF Templates to Covered California the Exchange beginning with submissions for the 2017 Plan Year, and each year thereafter. Covered California The Exchange will participate in two rounds of validation with the Contractor. Contractor agrees to pay liquidated damages in the amount of $5,000 for each additional round of validation beyond the first two rounds. Changes to any or all of Contractor’s SERFF Templates counts as one round of validation. If instructions provided by Covered California the Exchange include inaccurate information which necessitates an additional round of validation, or an additional round of validation is necessary due to required changes by Covered California or Contractor’s State Regulatorsregulator, those rounds of validation will not be counted in the two rounds of validations.

Operational Requirements and Liquidated Damages. The timely and accurate submission of Contractor’s QHP QDP filings and documents to Covered California the Exchange for upload into CalHEERS is critical to the CCSB eligibility successful launch of each Renewal and enrollment system is criticalOpen Enrollment Period. When submissions are late, or inaccurate, Covered California the Exchange suffers financial harm with each resubmission and such actions put the Renewal and Open Enrollment process at risk. The parties agree that the liquidated damages below are proportional to the damages Covered California the Exchange incurs from each respective error made by Contractor. Therefore, Contractor agrees to meet the following operational requirements: Contractor must submit complete and accurate SERFF Templates to Covered California the Exchange beginning with submissions for the 2017 Plan Year, and each year thereafter. Covered California The Exchange will participate in two rounds of validation with the Contractor. Contractor agrees to pay liquidated damages in the amount of $5,000 for each additional round of validation beyond the first two rounds. Changes to any or all of Contractor’s SERFF Templates counts as one round of validation. If instructions provided by Covered California the Exchange include inaccurate information which necessitates an additional round of validation, or an additional round of validation is necessary due to required changes by Covered California or Contractor’s State Regulatorsregulator, those rounds of validation will not be counted in the two rounds of validations.

Operational Requirements and Liquidated Damages. The timely and accurate submission of Contractor’s QHP filings and documents to Covered California for upload into CalHEERS is critical to the CCSB eligibility and enrollment system is criticalsuccessful launch of each Open Enrollment Period. When submissions are late, or inaccurate, Covered California suffers financial harm with each resubmission and such actions put the Renewal renewal and Open Enrollment process at risk. The parties agree that the liquidated damages below are proportional to the damages Covered California incurs from each respective error made by Contractor. Therefore, Contractor agrees to meet the following operational requirements: : a) SERFF Template Completion Contractor must submit complete and accurate SERFF Templates to Covered California beginning with submissions for the 2017 Plan Year, and each year thereafteryear. Covered California will participate in two rounds of validation with the Contractor. Contractor agrees to pay liquidated damages in the amount of $5,000 for each additional round of validation beyond the first two rounds. Changes to any or all of Contractor’s SERFF Templates counts as one round of validation. If instructions provided by Covered California include inaccurate information which necessitates an additional round of validation, or an additional round of validation is necessary due to required changes by Covered California or Contractor’s State Regulators, those rounds of validation will not be counted in the two rounds of validations.

Operational Requirements and Liquidated Damages. The timely and accurate submission of Contractor’s QHP filings and documents to Covered California for upload into CalHEERS is critical to the CCSB eligibility successful launch of each Renewal and enrollment system is criticalOpen Enrollment Period. . When submissions are late, or inaccurate, Covered California suffers financial harm with each resubmission and such actions put the Renewal and Open Enrollment process at risk. . The parties agree that the liquidated damages below are proportional to the damages Covered California incurs from each respective error made by Contractor. . Therefore, Contractor agrees to meet the following operational requirements: Contractor must submit complete and accurate SERFF Templates to Covered California beginning with submissions for the 2017 Plan Year, and each year thereafter. . Covered California will participate in two rounds of validation with the Contractor. . Contractor agrees to pay liquidated damages in the amount of $5,000 for each additional round of validation beyond the first two rounds. . Changes to any or all of Contractor’s SERFF Templates counts as one round of validation. . If instructions provided by Covered California include inaccurate information which necessitates an additional round of validation, or an additional round of validation is necessary due to required changes by Covered California or Contractor’s State Regulators, those rounds of validation will not be counted in the two rounds of validations.