N.Y. Executive Law § 846-e: Periodic review of contract performance; renegotiation and termination of contract

§ 846-e. Periodic review of contract performance; renegotiation and

termination of contract. The division shall, by regulation hereinafter

promulgated, provide for the review, at periodic intervals, which shall

as far as possible be coincidental with payment periods, of the

performance of companies under their respective contracts with the

commissioner. Such reviews shall, among other things, be for the

purposes of ascertaining the quality and quantity of the company

activities performed, the conformity thereof to contract provisions and

the financial integrity and efficiency of the company. Contracts may be

terminated by the commissioner upon a finding of substantial

non-performance or other breach by the company, and contracts shall be

modified and renegotiated, from time to time, in light of the actual

performance, new or changed conditions, or otherwise.