Common use of Performance Requirement Clause in Contracts

Performance Requirement. It is critical to State’s interest that the System and Contractor’s staff, agents, and subcontractors comply with Security Requirements at all times. Liquidated Damages If the System does not meet the Security Requirements, Contractor shall pay liquidated damages in the amount of _____ dollars ($___) per Calendar Day per violation until Agency determines the violation has been corrected and that the System meets the Security Requirements. If Contractor, including its employees, agents, and subcontractors, fails to comply with Security Requirements, Contractor will pay liquidated damages in the amount of _____ dollars ($___) per Calendar Day per violation until Agency determines the violation has been corrected and that the System meets the security requirements. In addition to the liquidated damages due Agency, Contractor shall be liable to Agency for all penalties and fines assessed by State or the federal government for violation of any Security Requirement, and all third party claims.

Appears in 2 contracts

Sources: Information Technology Services Agreement, Information Technology Services Agreement

Performance Requirement. It is critical to State’s interest that the System Solution and Contractor’s staff, agents, and subcontractors comply with Security Requirements at all times. Liquidated Damages If the System Solution does not meet the Security Requirements, Contractor shall pay liquidated damages in the amount of _____ dollars ($___) per Calendar Day per violation until Agency determines the violation has been corrected and that the System Solution meets the Security Requirements. If Contractor, including its employees, agents, and subcontractors, fails to comply with Security Requirements, Contractor will pay liquidated damages in the amount of _____ dollars ($___) per Calendar Day per violation until Agency determines the violation has been corrected and that the System Solution meets the security requirements. In addition to the liquidated damages due Agency, Contractor shall be liable to Agency for all penalties and fines assessed by State or the federal government for violation of any Security Requirement, and all third party claims.

Appears in 1 contract

Sources: Information Technology Services Contract