Stipulated Penalty Amounts Sample Clauses
The Stipulated Penalty Amounts clause establishes predetermined financial penalties that a party must pay if they breach specific terms of the contract. Typically, this clause outlines exact amounts or formulas for calculating penalties, which may apply to late performance, non-performance, or other defined violations. By setting clear monetary consequences in advance, the clause provides certainty for both parties and serves as a deterrent against breaches, streamlining enforcement and reducing disputes over damages.
Stipulated Penalty Amounts. If EPA determines that KDOT has failed to comply fully and timely with the requirements of this Decree, KDOT shall pay stipulated penalties in the following amounts:
a. for failure to designate or maintain a Stormwater Compliance Manager in accordance with Paragraph 12 (Stormwater Compliance Manager) - $750 for each 14 day period;
b. for failure to designate or maintain an Area/Metro Engineer in accordance with Paragraph 13 (Area/Metro Engineer) - $750 for each 14 day period;
c. for failure to ensure, pursuant to Paragraph 14 (Environmental Inspector), that any inspection required under the Permit performed at a Project was performed by an Environmental or Oversight Inspector trained in accordance with the requirements of Paragraphs 14 (Environmental Inspector) and Paragraph 15 (Stormwater Training Program) - $750.00 for each such inspection;
d. for failure to timely train Area/Metro Engineers and Environmental and Oversight Inspectors in accordance with Paragraphs 15 (Stormwater Training) and 16 (Training Time Periods) - $750.00 per person for each missed deadline. This $750.00 per person violation shall continue to accrue for each 14 day period that the person fails to timely receive the applicable training;
e. for failure to timely prepare and distribute a quarterly stormwater bulletin in material compliance with Paragraph 17 (Quarterly Bulletin)- a onetime stipulated penalty of $3,000 per quarterly bulletin;
f. for failure to ensure that each Project has a properly trained WPCM assigned to a Project in accordance with the requirements of Paragraph 18 (WPCM) by obtaining documentation of WPCM’s certification- $750.00 per day of construction;
g. for failure to create written inspection procedures within 45 days of the effective date of the Decree in accordance with Paragraph 19 (Inspection Procedures) - $750.00 per day;
h. for failure to comply with the requirements of Paragraph 19 (Inspection Procedures) (a) (Preconstruction Conference), (b) (Environmental Inspector), (c) (Inspection Report to Area/Metro Engineer by 24 hours) - $750.00 per failure;
i. for failure to utilize the approved inspection form per Paragraph 20 (Inspection Form) - $750.00 per failure;
j. for failure to comply with a requirement of Paragraph 21 (Oversight Inspections) - $2,000.00 per inspection not timely performed;
k. for failure to provide written notices in accordance with Paragraph 23 (Project List) - $250.00 per day;
l. for failure to follow the requirements set forth in Par...
Stipulated Penalty Amounts. Payments, Financial Assurance, Major Deliverables, and Other Milestones.
a. The following stipulated penalties shall accrue per violation per day for any noncompliance with any obligation identified in ¶ 54.b: $ 500 1st through 7th day $ 1,000 8th through 14th day $ 2,500 15th through 30th day $ 5,000 31st day and beyond
b. Obligations
(1) Payment of any amount due under Section XIII (Payment of Response Costs).
(2) Establishment and maintenance of financial assurance in accordance with Section XXIV (Financial Assurance).
(3) Establishment of an escrow account to hold any disputed Future Response Costs under ¶ 40 (Contesting Future Response Costs).
(4) Deliverables for tasks 1a, 1b, 2a, 2b, 3a, 3b, 4a, 4b, 5a, 5b, 6a, 6b, 7a, 7b, 8a, 8b, 9a, 9b, 10, 11, 12, 13 and 14 listed under ¶ 6.2 of the SOW.
Stipulated Penalty Amounts. Payments, Major Deliverables, if included: Financial Assurance, and Other Milestones
a. The following stipulated penalties shall accrue per violation per day for failure to comply with any of the obligations set forth in this Settlement, including without limitation, failure to submit timely or adequate deliverables in accordance with Section VII (Work to be Performed) or failure to timely submit payments to EPA in accordance with Section XIII (Payment of Response Costs): $500 1st through 14th day $1,000 15th through 30th day $1,500 31st day and beyond
Stipulated Penalty Amounts. The following stipulated penalties shall accrue per violation per day for any noncompliance with the requirements in Paragraph 22: Period of Noncompliance Penalty Per Violation Per Day 1st through 30th day $250 31st through 60th day $500 61st day and beyond $1,000
Stipulated Penalty Amounts. If EPA determines that KDOT has failed to comply fully and timely with the requirements of this Decree, KDOT shall pay stipulated penalties in the following amounts:
a. for failure to designate or maintain a Stormwater Compliance Manager in accordance with Paragraph 12 (Stormwater Compliance Manager) - $750 for each 14 day period;
b. for failure to designate or maintain an Area/Metro Engineer in accordance with Paragraph 13 (Area/Metro Engineer) - $750 for each 14 day period;
c. for failure to ensure, pursuant to Paragraph 14 (Environmental Inspector), that any inspection required under the Permit performed at a Project was performed by an Environmental or Oversight Inspector trained in accordance with the requirements of Paragraphs 14 (Environmental Inspector) and Paragraph 15 (Stormwater Training Program) - $750.00 for each such inspection;
d. for failure to timely train Area/Metro Engineers and Environmental and Oversight Inspectors in accordance with Paragraphs 15 (Stormwater Training) and 16 (Training Time Periods) - $750.00 per person for each missed deadline. This $750.00 per person violation shall continue to accrue for each 14 day period that the person fails to timely receive the applicable training;
Stipulated Penalty Amounts. Other Deliverables. The following stipulated penalties shall accrue per violation per day for failure to submit timely or adequate deliverables required by this Settlement, other than those specified in ^ 49.b; $500 $1000 $1500 Period of Noncompliance 1 St through 14th day 15th through 30th day 31 St day and beyond
Stipulated Penalty Amounts. If Respondent fails to meet any requirement of this Settlement Agreement, the following stipulated penalties shall accrue per violation per day: $100.00 1st through 14th day $1,000.00 15th through 30th day $2,500.00 31st day and beyond Compliance by Respondent shall include complete and timely performance of each activity required under this Settlement Agreement and complete and timely performance of all Work described in any plan, statement, or deliverable approved under this Settlement Agreement.
Stipulated Penalty Amounts. Payments, Financial Assurance, Major Deliverables, and Other Milestones.
a. The following stipulated penalties shall accrue per violation per day for any noncompliance with any obligation identified in ¶ 58.b: $ 500 1st through 7th day $ 1,000 8th through 14th day $ 2,500 15th through 30th day $ 5,000 31st day and beyond
b. Obligations
(1) Payment of an amount due to the Account under Section XIII (Payment of Response Costs).
(2) Payment of any amount due of EPA Future Response Costs under ¶ 43 (Payments by Respondents for EPA Future Response Costs).
(3) Establishment and maintenance of a financial assurance requirement, in accordance with Section XXIV(Financial Assurance).
(4) Establishment of an escrow account to hold any disputed EPA Future Response Costs under ¶ 44 (Contesting EPA Future Response Costs).
(5) Submission of timely and quality deliverables for tasks 1a, 1b, 2a, 2b, 3a, 3b, 4a, 4b, 5a, 5b, 6a, 6b, 7a, 7b, 8a, 8b, 9a, 9b, 10, 11, 12, and 13 listed under ¶ 6.2 of the SOW.
Stipulated Penalty Amounts a. The following stipulated penalties shall accrue per day for any non- compliance identified in this Paragraph 69.a: $1,500 1 st through 14th day $3,000 15th through 3 0th day $6,000 31 st day and beyond Stipulated penalties as specified in this Paragraph 69.a shall accrue per violation per day if Respondents fail to timely submit the following major deliverables: The FFS Work Plan, each additional work plan to be developed pursuant to the FFS Work Plan, and the FFS Report.
b. These major deliverables shall be completed and submitted by Respondents in accordance with the FFS Work Plan and any schedules approved by EPA for delivery of submittals.
c. For all other violations of this Settlement Agreement, including, without limitation, Respondents’ failure to provide timely or adequate certificates of insurance pursuant to Paragraph 101, failure to submit periodic progress reports required under Paragraph 42, or failure to timely pay Future Response Costs in accordance with Section XVIII, stipulated penalties shall accrue per violation per day as follows:
Stipulated Penalty Amounts. Payments, Financial Assurance, Major Deliverables, and Other Milestones.
a. The following stipulated penalties shall accrue per violation per day for any noncompliance with any obligation identified in ^ 49.b:
b. Obligations
(1) Payment of any amount due under Section XII (Payment of Response
(2) Establishment and maintenance of financial assurance in accordance with Section XXII (Financial Assurance).
(3) Establishment of an escrow account to hold any disputed Future Response Costs under 37 (Contesting Future Response Costs).
(4) Performance ofthe Work (Section VI).