daily liquidated damage payment rate

(1) In general In subsection (b), the “daily liquidated damage payment rate” means— (A) $140, in the case of a contract with a value greater than $50,000 and less than $100,000; (B) $200, in the case of a contract with a value equal to or greater than $100,000 and equal to or less than $500,000; and (C) the sum of $200 plus $50 for each $100,000 increment by which the value of the contract exceeds $500,000, in the case of a contract with a value greater than $500,000.

Source

2 USC § 1816(c)(1)


Scoping language

None identified. Default scope is assumed to be the entire title.
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