Common use of Deliverables and Financial Consequences Clause in Contracts

Deliverables and Financial Consequences. No. Deliverable Time Frame Financial Consequences 4 The Contractor shall ensure the Solution is available in accordance with this PO and any applicable ATC. The Solution must be available 99.999% of the time per month in accordance with the FL[DS]-approved SLA and. Compliance is calculated on a monthly basis for each Customer. Financial Consequences shall be assessed against the Contractor in the amount of $100 for each negative deviation from the thousandth decimal point. For example, a Customer’s monthly uptime of 99.997% will result in a financial consequence of $200, unless the Department accepts different financial consequence in the Contractor’s Quote. 5 The Contractor shall ensure the Solution performs in accordance with the FL[DS]- approved SLA. The Solution must perform in accordance with the FL[DS]-approved SLA. Financial consequences shall be assessed in the amount of $100 per calendar day, beginning on the first calendar day after any due date specified in the FL[DS]- approved SLA, until the requirement is accurately completed, unless the Department accepts different financial consequence in the Contractor’s Quote. 6 The Contractor shall ensure training and support are provided in accordance with the FL[DS]-approved SLA. Training and support must be provided in accordance with Section 6.2. of this RFQ and the FL[DS]- approved SLA for training and support. Financial consequences shall be assessed in the amount of $100 per calendar day, beginning on the first calendar day after any due date specified in the FL[DS]- approved SLA, until the requirement is accurately completed, unless the Department accepts different financial consequence in the Contractor’s Quote.