Cal. Code Regs. tit. 5 § 18055

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 18055 - Minimum Days of Operation

If the contractor fails to operate at least ninety eight percent (98%) of the minimum days of operation required in its contract, ceases operation or the contract is terminated prior to the end of the contract period, the maximum reimbursable amount shall be reduced in proportion to the percentage of the contract minimum days of operation that the contractor was not in operation.

Cal. Code Regs. Tit. 5, § 18055

1. New section filed 11-21-88; operative 1-1-89 (Register 88, No. 50).

Note: Authority cited: Section 8269, Education Code. Reference: Section 8269, Education Code.

1. New section filed 11-21-88; operative 1-1-89 (Register 88, No. 50).