A procurement unit may include in a contract terms that provide for:
(1) incentives, including bonuses;
(2) payment of damages, including liquidated damages; or
(3) penalties.
Contract provisions for incentives, damages, and penalties
Enacted by Chapter 445, 2013 General Session
A procurement unit may include in a contract terms that provide for:
(1) incentives, including bonuses;
(2) payment of damages, including liquidated damages; or
(3) penalties.
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.