Common use of Stipulated Penalty Amounts Clause in Contracts

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. Minor Violations. The following stipulated penalties shall accrue per violation per day for any noncompliance with the requirements in failure to submit timely or adequate monthly progress reports as required by Paragraph 2238: Period of Noncompliance Penalty Per Violation Per Day Period of Noncompliance $ 1,000 1st through 30th 14th day $250 31st through 60th day $500 61st $ 1,500 15th day and beyond $1,000beyond