Common use of Oversight Responsibility Clause in Contracts

Oversight Responsibility. Producer acknowledges that the Customer shall oversee and monitor Producer’s and all of Producer’s Subcontractors’ providing Services under this Agreement. Accordingly, Customer will regularly review the performance of Producer and, if applicable, Producer’s Subcontractors, as part of its normal operations to confirm ongoing compliance and to ensure any identified corrective actions are undertaken and effective. Producer further acknowledges that the Customer is ultimately responsible to CMS for the performance of such services and that the Customer shall oversee and is accountable to CMS for the functions and responsibilities described in the Medicare Advantage and Medicare Part D regulatory standards and ultimately responsible to CMS for the performance of all services.

Appears in 2 contracts

Sources: Agent Contracting Checklist, Agent Contracting Checklist