Common use of CLEARANCE PATTERNS Clause in Contracts

CLEARANCE PATTERNS. 7.1 The State shall develop separate clearance patterns for each of the following: each program listed in Section 6.3 except for: 10.555, 84.027, and 93.778. 7.2 The following shall develop the State's clearance patterns: the individual State Agencies and confirmed by Xxxxxxx Xxxxxxx; individuals: Department of Education - Xxxxxx Xxxxxxxx-Xxxx Division of Medicaid - Xxx Xxxxx Department of Human Services - Xxxxxxx Xxxxxxx Department of Health - Xxxxxx Xxxx Mississippi Department of Employment Security - Xxx Xxxxxx Department of Transportation - Xxxx Xxxx Mississippi Emergency Management Agency - Xxxxxxx Xxxxxxxx Mississippi Military Department - Xxxxx Xxxxxxxxx 7.3 The sources of data the State shall use when developing its clearance patterns are as follows: data calculated and maintained by Mississippi Accountability System for Government Information and Collaboration (MAGIC) 7.4 The State shall use the following methodology when developing its clearance patterns: When developing each clearance pattern, the State shall track at least 99% of the funds disbursed, from issuance to clearance, for a period of at least three months. 7.5 The State shall identify for each check or warrant (hereafter, check) in the population: (1) the date the check was released for payment; (2) the date the check was debited from the State's account, and, (3) the amount of the check. 7.6 The State shall use the following method to calculate the dollar-weighted average day of clearance: To determine the number of days each check was outstanding (clearance time), the issue date shall be subtracted from the date the check cleared the State's account. To determine the percentage of the disbursement paid out each day following issuance, the amount of the checks that clear the State's account each day shall be summed and then divided by the amount of the total disbursement. For each day following issuance, the clearance time of the checks paid out that day shall be multiplied by the percentage of the total disbursement those checks represent. This product is the clearance factor. The dollar-weighted average day of clearance for the disbursement shall be determined by summing the clearance factor of each day following the disbursement. 7.7 The State shall adjust each clearance pattern to reflect the dollar-weighted proportion of funds paid out by EFT/Direct payroll, with the following exceptions: Not applicable The State shall also adjust each clearance pattern to reflect: Actual activity 7.8 Each of the State's clearance patterns is calculated in Business days. 7.9 An authorized State official shall certify that each clearance pattern developed by the State accurately corresponds to the clearance activity of the programs to which it is applied. This certification shall be provided to the Fiscal Service prior to the effective date of the Agreement. The State shall recertify its clearance patterns at least every five years. 7.10 The State shall follow the procedures of 31 CFR 205 if it has actual or constructive knowledge, at any time, that a clearance pattern does not correspond to a program's clearance activity.

CLEARANCE PATTERNS. 7.1 The State shall develop separate clearance patterns for each of the following: each program listed in Section 6.3 except for: 10.555, 84.027, and 93.778. 7.2 The following shall develop the State's clearance patterns: the individual State Agencies and confirmed by Xxxxxxx Xxxxxxx; individuals: Department of Education - Xxxxxx Xxxxxxxx-Xxxx Division of Medicaid - Xxx Xxxxx Department of Human Services - Xxxxxxx Xxxxxxx Mississippi Development Authority - Xxxxxxx Xxxxxxxx Department of Health - Xxxxxx Xxxx Xxxxx Mississippi Department of Employment Security - Xxx Xxxxxx Department of Transportation - Xxxx Xxxx Xxxxxxx Xxxxx Mississippi Emergency Management Agency - Xxxxxxx Xxxxxxxx Mississippi Military Department - Xxxxx Xxxxxxxxx 7.3 The sources of data the State shall use when developing its clearance patterns are as follows: data calculated and maintained by Mississippi Accountability System for Government Information and Collaboration (MAGIC) 7.4 The State shall use the following methodology when developing its clearance patterns: When developing each clearance pattern, the State shall track at least 99% of the funds disbursed, from issuance to clearance, for a period of at least three months. 7.5 The State shall identify for each check or warrant (hereafter, check) in the population: (1) the date the check was released for payment; (2) the date the check was debited from the State's account, and, (3) the amount of the check. 7.6 The State shall use the following method to calculate the dollar-weighted average day of clearance: To determine the number of days each check was outstanding (clearance time), the issue date shall be subtracted from the date the check cleared the State's account. To determine the percentage of the disbursement paid out each day following issuance, the amount of the checks that clear the State's account each day shall be summed and then divided by the amount of the total disbursement. For each day following issuance, the clearance time of the checks paid out that day shall be multiplied by the percentage of the total disbursement those checks represent. This product is the clearance factor. The dollar-weighted average day of clearance for the disbursement shall be determined by summing the clearance factor of each day following the disbursement. 7.7 The State shall adjust each clearance pattern to reflect the dollar-weighted proportion of funds paid out by EFT/Direct payroll, with the following exceptions: Not applicable The State shall also adjust each clearance pattern to reflect: Actual activity 7.8 Each of the State's clearance patterns is calculated in Business business days. 7.9 An authorized State official shall certify that each clearance pattern developed by the State accurately corresponds to the clearance activity of the programs to which it is applied. This certification shall be provided to the Fiscal Service prior to the effective date of the Agreement. The State shall recertify its clearance patterns at least every five years. 7.10 The State shall follow the procedures of 31 CFR 205 if it has actual or constructive knowledge, at any time, that a clearance pattern does not correspond to a program's clearance activity.

CLEARANCE PATTERNS. 7.1 The State shall develop separate clearance patterns for each of the following: each program listed in Section 6.3 except for: 10.555, 84.027, and 93.778. 7.2 The following shall develop the State's clearance patterns: the individual State Agencies and confirmed by Xxxxxxx Xxxxxxx; individuals: Department of Education - Xxxxxx Xxxxxxxx-Xxxx Division of Medicaid - Xxx Xxxxx Department of Human Services - Xxxxxxx Xxxxxxx Department of Health - Xxxxxx Xxxx Mississippi Department of Employment Security - Xxx Xxxxxx Department of Transportation - Xxxx Xxxx Mississippi Emergency Management Agency - Xxxxxxx Xxxxxxxx Mississippi Military Department - Xxxxx XxxxxxxxxXxxxxx Xxxxxx 7.3 The sources of data the State shall use when developing its clearance patterns are as follows: data calculated and maintained by Mississippi Accountability System for Government Information and Collaboration (MAGIC) 7.4 The State shall use the following methodology when developing its clearance patterns: When developing each clearance pattern, the State shall track at least 99% of the funds disbursed, from issuance to clearance, for a period of at least three months. 7.5 The State shall identify for each check or warrant (hereafter, check) in the population: (1) the date the check was released for payment; (2) the date the check was debited from the State's account, and, (3) the amount of the check. 7.6 The State shall use the following method to calculate the dollar-weighted average day of clearance: To determine the number of days each check was outstanding (clearance time), the issue date shall be subtracted from the date the check cleared the State's account. To determine the percentage of the disbursement paid out each day following issuance, the amount of the checks that clear the State's account each day shall be summed and then divided by the amount of the total disbursement. For each day following issuance, the clearance time of the checks paid out that day shall be multiplied by the percentage of the total disbursement those checks represent. This product is the clearance factor. The dollar-weighted average day of clearance for the disbursement shall be determined by summing the clearance factor of each day following the disbursement. 7.7 The State shall adjust each clearance pattern to reflect the dollar-weighted proportion of funds paid out by EFT/Direct payroll, with the following exceptions: Not applicable The State shall also adjust each clearance pattern to reflect: Actual activity 7.8 Each of the State's clearance patterns is calculated in Business days. 7.9 An authorized State official shall certify that each clearance pattern developed by the State accurately corresponds to the clearance activity of the programs to which it is applied. This certification shall be provided to the Fiscal Service prior to the effective date of the Agreement. The State shall recertify its clearance patterns at least every five years. 7.10 The State shall follow the procedures of 31 CFR 205 if it has actual or constructive knowledge, at any time, that a clearance pattern does not correspond to a program's clearance activity.

CLEARANCE PATTERNS. 7.1 The State shall develop separate clearance patterns for each of the following: each program listed in Section 6.3 except for: 10.555, 84.027, and 93.778. 7.2 The following shall develop the State's clearance patterns: the individual State Agencies and confirmed by Xxxxxxx Xxxxxxx; individuals: Department of Education - Xxxxxx Xxxxxxxx-Xxxx Division of Medicaid - Xxx Xxxxx Department of Human Services - Xxxxxxx Xxxxxxx Department of Health - Xxxxxx Xxxx Mississippi Department of Employment Security - Xxx Xxxxxx Department of Transportation - Xxxx Xxxx Mississippi Emergency Management Agency - Xxxxxxx Xxxxxxxx Mississippi Military Department - Xxxxx XxxxxxxxxXxxxxx Xxxxxx 7.3 The sources of data the State shall use when developing its clearance patterns are as follows: data calculated and maintained by Mississippi Accountability System for Government Information and Collaboration (MAGIC) 7.4 The State shall use the following methodology when developing its clearance patterns: When developing each clearance pattern, the State shall track at least 99% of the funds disbursed, from issuance to clearance, for a period of at least three months. 7.5 The State shall identify for each check or warrant (hereafter, check) in the population: (1) the date the check was released for payment; (2) the date the check was debited from the State's account, and, (3) the amount of the check. 7.6 The State shall use the following method to calculate the dollar-weighted average day of clearance: To determine the number of days each check was outstanding (clearance time), the issue date shall be subtracted from the date the check cleared the State's account. To determine the percentage of the disbursement paid out each day following issuance, the amount of the checks that clear the State's account each day shall be summed and then divided by the amount of the total disbursement. For each day following issuance, the clearance time of the checks paid out that day shall be multiplied by the percentage of the total disbursement those checks represent. This product is the clearance factor. The dollar-weighted average day of clearance for the disbursement shall be determined by summing the clearance factor of each day following the disbursement. 7.7 The State shall adjust each clearance pattern to reflect the dollar-weighted proportion of funds paid out by EFT/Direct payroll, with the following exceptions: Not applicable The State shall also adjust each clearance pattern to reflect: Actual activity 7.8 Each of the State's clearance patterns is calculated in Business days. 7.9 An authorized State official shall certify that each clearance pattern developed by the State accurately corresponds to the clearance activity of the programs to which it is applied. This certification shall be provided to the Fiscal Service prior to the effective date of the Agreement. The State shall recertify its clearance patterns at least every five years. 7.10 The State shall follow the procedures of 31 CFR 205 if it has actual or constructive knowledge, at any time, that a clearance pattern does not correspond to a program's clearance activity.

CLEARANCE PATTERNS. 7.1 The State shall develop separate clearance patterns for each of the following: each program listed in Section 6.3 except for: 10.555, 84.027, and 93.7786.3. 7.2 The following shall develop the State's clearance patterns: the individual State Agencies and confirmed by Xxxxxxx XxxxxxxXxxxx Xxx; individuals: Department of Education - Xxxxxx Xxxxxxxx-Xxxx Division of Medicaid - Xxx Xxxxx Department of Human Services - Xxxxxxx Xxxxxxx Department of Health - Xxxxxx Xxxx Mississippi Department of Employment Security - Xxx Xxxxxx Xxxxx Xxxxx Department of Transportation - Xxxx Xxxx Xxxxxxx Xxxxxxxxxxxx Mississippi Emergency Management Agency - Xxxxxxx Xxxxxxxx Mississippi Military Department - Xxxxx XxxxxxxxxXxxxxx Xxxxxx MS Department of Health - Xxxxxx Xxxx Office of the Governor - Xxxxxxxx Xxxxx 7.3 The sources of data the State shall use when developing its clearance patterns are as follows: data calculated and maintained by Mississippi Accountability System for Government Information and Collaboration (MAGIC) 7.4 The State shall use the following methodology when developing its clearance patterns: When developing each clearance pattern, the State shall track at least 99% of the funds disbursed, from issuance to clearance, for a period of at least three months. 7.5 The State shall identify for each check or warrant (hereafter, check) in the population: (1) the date the check was released for payment; (2) the date the check was debited from the State's account, and, (3) the amount of the check. 7.6 The State shall use the following method to calculate the dollar-weighted average day of clearance: To determine the number of days each check was outstanding (clearance time), the issue date shall be subtracted from the date the check cleared the State's account. To determine the percentage of the disbursement paid out each day following issuance, the amount of the checks that clear the State's account each day shall be summed and then divided by the amount of the total disbursement. For each day following issuance, the clearance time of the checks paid out that day shall be multiplied by the percentage of the total disbursement those checks represent. This product is the clearance factor. The dollar-weighted average day of clearance for the disbursement shall be determined by summing the clearance factor of each day following the disbursement. 7.7 The State shall adjust each clearance pattern to reflect the dollar-weighted proportion of funds paid out by EFT/Direct payroll, with the following exceptions: Not applicable The State shall also adjust each clearance pattern to reflect: Actual activity 7.8 Each of the State's clearance patterns is calculated in Business days. 7.9 An authorized State official shall certify that each clearance pattern developed by the State accurately corresponds to the clearance activity of the programs to which it is applied. This certification shall be provided to the Fiscal Service prior to the effective date of the Agreement. The State shall recertify its clearance patterns at least every five years. 7.10 The State shall follow the procedures of 31 CFR 205 if it has actual or constructive knowledge, at any time, that a clearance pattern does not correspond to a program's clearance activity.