Common use of BASIS FOR REIMBURSEMENT Clause in Contracts

BASIS FOR REIMBURSEMENT. As compensation to CONTRACTOR for services provided pursuant to the Agreement, COUNTY shall pay CONTRACTOR monthly in arrears at $55.00 per bed day served at CONTRACTOR’s facility for all Recovery Residence Services for substance users, provided however, that the total of all such payments to CONTRACTOR and all other COUNTY contract providers for all Recovery Residence Services shall not exceed COUNTY’s Aggregate Maximum Obligation as set forth in the Referenced Contract Provisions of the Agreement; and provided further, that CONTRACTOR’s costs are allowable pursuant to applicable county, federal, and state regulations. Non- compliance will require the completion of CAP by CONTRACTOR. If CAPs are not completed within timeframes as determined by ADMINISTRATOR, payments may be reduced accordingly. All payments are interim payments only, and subject to final settlement in accordance with the Cost Report Paragraph of the Agreement.

Appears in 4 contracts

Samples: Agreement for Provision of Recovery Residence Services, Agreement for Provision of Recovery Residence Services, Agreement for Provision of Recovery Residence Services

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