Common use of Untimely Plan Implementation Clause in Contracts

Untimely Plan Implementation. If Contractor fails to achieve Plan implementation as set forth in the Final Implementation Plan by January 1, 2023, it will pay liquidated damages of $25,000 per Calendar Day for each unmet deadline, unless any such delay is due to the Department’s failure to comply with the defined timeline. Contractor will pay this amount of liquidated damages for every full or partial Calendar Day until a deadline set forth in the Final Implementation Plan has been met.

Appears in 1 contract

Sources: Group Dental Insurance Contract

Untimely Plan Implementation. If Contractor fails to achieve Plan implementation as set forth in the Final Implementation Plan by January 1, 2023, it will pay liquidated damages of $25,000 per Calendar Day for each unmet deadlineDay, not to exceed $500,000, unless any such delay is due to the Department’s failure to comply with the defined timeline. Contractor will pay this amount of liquidated damages for every full or partial Calendar Day until a deadline set forth in the Final Implementation Plan has been metis fully implemented.

Appears in 1 contract

Sources: Group Vision Benefits Insurance Contract