MI Failure definition

MI Failure means when an MI report: a) contains any material errors or material omissions or a missing mandatory field; or b) is submitted using an incorrect MI reporting Template; or c) is not submitted by the reporting date(including where a Nil Return should have been filed);

MI Failure has the meaning in paragraph 5.2 of Framework Schedule 8;

MI Failure has the meaning in paragraph 5.2 of Schedule 8 (Management Information) of this Framework Agreement;

Examples of MI Failure in a sentence

• Following an MI Failure the Authority may issue reminders to the Supplier or require the Supplier to rectify defects in the MI Report provided to the Authority.

• If, following activation of the Authority’s right to charge Admin Fee(s) in respect of MI Failures pursuant to paragraph 5.5.1, the Supplier submits the Monthly MI Report for two (2) consecutive Months and no MI Failure occurs then the right to charge the Admin Fee(s) shall lapse.

• If, following activation of the Authority’s right to charge Admin Fee(s) in respect of MI Failures pursuant to paragraph 5.6, the Supplier submits the Monthly MI Report for two consecutive Months and no MI Failure occurs then the right to charge the Admin Fee(s) shall lapse.

• If, following activation of the Authority's right to charge Admin Fee(s) in respect of MI Failures pursuant to paragraph 5.5.1, the Supplier submits the Monthly MI Report for two (2) consecutive Months and no MI Failure occurs then the right to charge the Admin Fee(s) shall lapse.

• Following an MI Failure the Authority may issue a reminder to the Supplier or require the Supplier to rectify the defects in the MI Report provided to the Authority.

More Definitions of MI Failure

MI Failure means when an MI report:

MI Failure. “Minimum Self- Insurance Threshold” means when an MI report: (a) contains any material errors or material omissions or a missing mandatory field; or (b) is submitted using an incorrect MI reporting Template; or (c) is not submitted by the reporting date (including where a Nil Return should have been filed). means a turnover by the Supplier or the Framework Guarantor, as applicable, of £2.6 billion in any twelve month period;

MI Failure means when an MI report: contains any material errors or material omissions or a missing mandatory field; or is submitted using an incorrect MI reporting Template; or is not submitted by the reporting date (including where a declaration of no business should have been filed);

MI Failure. If any of the following occur, CCS can treat it as an “MI Failure”:

MI Failure has the meaning set out in paragraph 5.2 of Schedule 6

MI Failure has the meaning in paragraph 23.2 of Framework Schedule 9 (Management Information);

MI Failure has the meaning in Clause 5.2 of Framework Schedule 5 (Management Information Requirements).