CAF Reconciliation Sample Clauses

The CAF Reconciliation clause establishes the process for reviewing and settling differences between the estimated and actual amounts related to the Customer Allocation Factor (CAF) in a contract. Typically, this involves periodic comparisons of projected versus real usage or costs, with adjustments made to ensure that each party pays or receives the correct amount based on actual data. The core function of this clause is to ensure financial accuracy and fairness by correcting discrepancies, thereby preventing overpayment or underpayment due to estimation errors.