Common use of Financial Consequences for Failure to Timely and Satisfactorily Perform Clause in Contracts

Financial Consequences for Failure to Timely and Satisfactorily Perform. Failure to complete the required duties outlined in the SOW shall result in the rejection of the invoice, and, as stated above in Section 4, Deliverable, if re-inspection is invoiced, the Department will reduce the invoice by that amount. This provision for financial consequences shall not affect the Department’s right to terminate the Agreement as provided elsewhere in the Agreement.

Financial Consequences for Failure to Timely and Satisfactorily Perform. Failure to complete the required duties outlined in the SOW shall result in the rejection of the invoice, and, as stated above in Section 4, DeliverableDeliverables, if re-inspection is invoiced, the Department will reduce the invoice by that amount. This provision for financial consequences shall not affect the Department’s right to terminate the Agreement as provided elsewhere in the Agreement.