SLR Fee Reductions Sample Clauses

SLR Fee Reductions. Service Level Requirement (SLR) fee reductions for failure to meet SLRs (“Fee Reductions”) have been built into Exhibit E, Service Level Requirements to encourage the Contractor to meet committed service levels and provide a mechanism to document performance. The parties acknowledge and agree that said Fee Reductions are intended to reflect the diminished value of the Services as a result of any service level failure. Such Fee Reductions do not constitute penalties or damages, but rather are intended to equate the fee for services to that level of service being provided. The goal of these fee reductions is not to penalize the Contractor, but rather to provide a greater incentive to achieve the Agreement’s stated objectives and focus Contractor on the critical needs of DSHS. Fee Reduction provides a means to adjust the Services payments by DSHS for non-performance. Fees shall be reduced from the total payment provided to the Contractor each month upon non-compliance with a SLR(s) which, for purposes of allowing for a stabilization period, shall become effective starting 60 days after Contractor’s five-month service transition-in period is complete. All Fee Reductions are set forth in Exhibit E and are subject to the approval of the DSHS Contract Manager, or designee and shall not exceed 12% of each monthly M&O invoice amount. The assessment of Fee Reductions as set forth herein shall constitute DSHS’s sole and exclusive monetary remedy and the sole and exclusive obligation of Contractor, with respect to Contractor’s failure to comply with any SLR. The assessment of Fee Reductions shall not constitute a waiver or release of any other monetary or non-monetary remedy DSHS may have under the Agreement for the Contractor’s failure or breach giving rise to the missed SLR, including without limitation, DSHS’s right to terminate this Agreement pursuant to Section 38 of the General Terms and Conditions, provided that if DSHS recovers monetary remedies under the Agreement, then DSHS shall reduce such monetary remedies by the amounts received as Fee Reductions for the same events causing the actual damages.
Sample 1
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SLR Fee Reductions. Service Level Requirement (SLR) fee reductions for failure to meet SLRs (“Fee Reductions”) have been built into Exhibit E, Service Level Requirements to encourage the Contractor to meet committed service levels and provide a mechanism to document performance. The parties acknowledge and agree that said Fee Reductions are intended to reflect the diminished value of the Services as a result of any service level failure. Such Fee Reductions do not constitute penalties or damages, but rather are intended to equate the fee for services to that level of service being provided. The goal of these fee reductions is not to penalize the Contractor, but rather to provide a greater incentive to achieve the Agreement’s stated objectives and focus Vendor on the critical needs of DSHS. Fee Reduction provides a means to adjust the services payments by DSHS for non-performance. Fees shall be reduced from the total payment provided to the Contractor each month upon non-compliance with a SLR(s). All Fee Reductions are subject to the approval of the DSHS Contract Manager, or designee.
Sample 1

Related to SLR Fee Reductions

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation.

  • Reallocation to a Class with a Higher Salary Range Maximum Upon appointment to the higher class, the employee’s base salary will be increased to a step of the range for the new class that is nearest to five percent (5.0%) higher than the amount of the pre-promotional step, or to the entry step of the new range, whichever is higher.

  • PERSONNEL REDUCTION Section 1 In the event of layoffs in connection with decreasing the work force, and the recall to work of people so laid off, the following consideration shall govern. Skill and ability as determined by reference to the employee's work record, and length of service shall be the determining factors; however, employees shall be laid off by category of seniority. There shall be three (3) seniority categories: probationary, 1 year to 5 years seniority, and over 5 years seniority. In case of layoff, all employees in the lowest seniority category shall be laid off before proceeding to layoff of anyone in a more senior category. Where skill and ability within a category are approximately equal, length of service shall govern. Employees having the same seniority within a category shall draw lots to determine the order of layoff. No new employees shall be hired until all laid off employees have been given the opportunity to be re-hired. Employees who have been laid off will be offered re-employment in the inverse order of layoffs when they are needed again, provided they are physically qualified and possess sufficient training and experience to perform the duties of the available work. The City shall give laid off employees ten (10) days notice of its intention to rehire. The employees shall within ten (10) days period notify the City of their intention to, or not to, return to the employ of the City, and shall report to work no later than fifteen (15) days from receipt of said notice to rehire. If an employee fails to notify the City within the ten (10) calendar day period of his/her intentions to return to work, or fails to report to work within fifteen (15) calendar days from the date of notice, he/she shall be considered permanently severed from the employ of the City. At the time of a layoff the City shall provide all laid off employees with a complete physical examination. At the time of rehire, the City may require a physical examination prior to the employee's return to duty, and it is expressly understood that any employee found physically unfit to return to duty may be refused re-employment and removed from the employment list. The City shall not be obligated to rehire laid off employees who have been laid off for five (5) or more consecutive calendar years, beginning from the date of layoff.

  • Allocation of Senior Reduction Amount to the Reference Tranches On each Payment Date prior to the Termination Date, after allocation of the Tranche Write-down Amount or Tranche Write-up Amount, if any, for such Payment Date as described above, the Senior Reduction Amount will be allocated to reduce the Class Notional Amount of each Class of Reference Tranche in the following order of priority, in each case until its Class Notional Amount is reduced to zero:

  • Allocation of Subordinate Reduction Amount to the Reference Tranches On each Payment Date prior to the Termination Date, after allocation of the Senior Reduction Amount and the Tranche Write-down Amount or Tranche Write-up Amount, if any, for such Payment Date as described above, the Subordinate Reduction Amount will be allocated to reduce the Class Notional Amount of each Class of Reference Tranche in the following order of priority, in each case until its Class Notional Amount is reduced to zero:

  • Reallocation to a Class with an Equal Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position, the employee remains in the position and retains existing appointment status.

  • JOC - PRICING OF After Hours Coefficient What is your after hours coefficient for the RS Means Price Book for work performed after normal working hours? (FAILURE TO RESPOND PROHIBITS PART 2 JOC EVALUATION) Remember that this is a ceiling price proposed. You can discount to any TIPS Member customer a lower coefficient than your proposed contract coefficient, but not higher. This is one of three pricing questions that are required for consideration for award on this solicitation. Please consider your answer carefully. An explanation of the TIPS scoring of pricing titled "Pricing Coefficient Instruction" is included in the attachments for your information. The below is an EXAMPLE of how the pricing model works (It is not intended to influence your proposed coefficient, you should propose a coefficient that you determine is reasonable for your business for the life of the contract): The most common after hours coefficient is time and a half of the RS Means Unit Price Book prices. To illustrate this coefficient, if your regular hours coefficient is .95, your after hours coefficient would be 1.45.

  • Staff Reduction In the event the District adopts a reduced educational program by reason of financial necessity, including but not limited to, levy failure and/or decreased State or Federal support, certificated employees who will be retained to implement the District’s reduced or modified program and those certificated employees who will be non-renewed from employment or adversely affected in contract status shall be identified by the provisions contained in this Article. If the District is only reducing provisional employees, the following procedures do not need to be implemented.

  • Leave on reduced pay An employee shall, during a period on reduced pay, be paid at the same reduced rate for public holidays falling during the period of such leave.

  • CLASS SIZE/STAFFING LEVELS The board will make every effort to limit FDK/Grade 1 split grades where feasible. APPENDIX A – RETIREMENT GRATUITIES

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