Ohio Admin. Code 5501:2-7-04

Rule 5501:2-7-04. Maximum incentive/disincentive amount

Last amended: 2018Year: 2026Length: 68 wordsOfficial source
119.03 The director shall not pay more than five per cent of the total contract amount in incentive payments unless he/she determines that the work is so critical that a higher percentage is warranted. There shall be no cap placed upon the accruing disincentive amount unless expressly authorized by the director. Last updated March 24, 2023 at 1:12 PM Supplemental Information Authorized By: 5525.20 Amplifies: 5525.20 2/14/2028 9/29/1989
Ohio Admin. Code 5501:2-7-04: Rule 5501:2-7-04. Maximum incentive/disincentive amount | Justis AI