Common use of Contract Settlement Clause in Contracts

Contract Settlement. 1. Upon successful completion of the contract, the Contractor shall notify the Department, on forms provided by and in a manner prescribed by the Department, of all expenditures made during the term of the contract. 2. The Department may disallow any expenditure listed by the Contractor provided that the Department notifies the Contractor of such disallowance within 30 days of receipt of notification under L.1.above, and the disallowance is because: a. the expenditure was properly in a category that the Department had refused to pay, or b. the expenditure was not supported by sufficient records, or c. the expenditure was not made to deliver the services described in this Part I, or d. the expenditure was excessive in the opinion of the Department. 3. In the event that the Department disallows any expenditure, the Contractor shall have the right to appeal the decision to the Commissioner, provided that it submits its appeal in writing within 60 days of notification of the disallowance. The Department shall have the burden of demonstrating the appropriateness of the disallowance. The decision of the Commissioner shall be final. 4. The Department shall compute the difference between the total payments it made to the Contractor and the Contractor's total expenditures as defined herein 5. If the Contractor's expenditures exceed the maximum allowable payments made by the Department under this contract, the Department shall have no obligation to make additional payments to the Contractor. 6. If the Contractor's total expenditures were less than the total payments made by the Department, the Contractor shall comply with the provisions regarding Surplus/Excess Payments as set forth herein.

Contract Settlement. 1. Upon successful completion of the contract, the Contractor shall notify the Department, on forms provided by and in a manner prescribed by the Department, of all expenditures made during the term of the contract. 2. The Department may disallow any expenditure listed by the Contractor provided that the Department notifies the Contractor of such disallowance within 30 days of receipt of notification under L.1.aboveN.1.above, and the disallowance is because: a. the expenditure was properly in a category that the Department had refused to pay, or b. the expenditure was not supported by sufficient records, or c. the expenditure was not made to deliver the services described in this Part I, or d. the expenditure was excessive in the opinion of the Department. 3. In the event that the Department disallows any expenditure, the Contractor shall have the right to appeal the decision to the Commissioner, provided that it submits its appeal in writing within 60 days of notification of the disallowance. The Department shall have the burden of demonstrating the appropriateness of the disallowance. The decision of the Commissioner shall be final. 4. The Department shall compute the difference between the total payments it made to the Contractor and the Contractor's total expenditures as defined herein. 5. If the Contractor's expenditures exceed the maximum allowable payments made by the Department under this contract, the Department shall have no obligation to make additional payments to the Contractor. 6. If the Contractor's total expenditures were less than the total payments made by the Department, the Contractor shall comply with the provisions regarding Surplus/Excess Payments as set forth herein.