Compliance Monitoring Under the TPR Sample Clauses

Compliance Monitoring Under the TPR. One of the goals of the TPR is to reduce the burden of regulation on hospitals. Thus, the HSCRC will relax unit rate compliance corridors generally applied to hospitals. The Hospital will be free to charge at a level up to 5 percent above the approved individual unit rates without penalty. This limit can be extended to 10 percent for all rate centers at the discretion of the HSCRC staff upon presentation of evidence by the Hospital that it would otherwise not achieve the approved total revenue for the year. Similarly, there will also be a 5 percent corridor on undercharging. This corridor may also be expanded to 10 percent for all revenue centers if the Hospital can substantiate that the Hospital will exceed its revenue constraint without this flexibility.
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Compliance Monitoring Under the TPR. 1. General and Overall Compliance a) The Hospital will be subject to any rate adjustments that are necessary to bring it into compliance with the Approved Regulated TPR Revenue. If the gross revenue charged by the Hospital exceeds the Approved Regulated TPR Revenue, the difference between the gross revenue charged and the Approved Regulated TPR Revenue, together with any penalties assessed, will be subtracted from the Approved Regulated TPR Revenue that would otherwise have been approved for the Hospital for the subsequent Rate Year. Conversely, if the gross revenue charged by the Hospital is less than the Approved Regulated TPR Revenue, the difference will be added to the Approved Regulated TPR Revenue of the Hospital for the subsequent Rate Year, except that undercharges below the corridors specified in this section of the Agreement and in Section B below will not be added to the Approved Regulated TPR Revenue for the subsequent Rate Year. b) The Hospital agrees that it will not overcharge the limits of the Total Approved Regulated Revenue, and that it will take prompt action to gain compliance. In order to assure compliance, the HSCRC staff will apply penalties for charges exceeding the overall limits of the Approved Regulated TPR revenue, and such penalty amounts will be subtracted from the Approved Regulated TPR Revenue for the succeeding rate year as a one-time adjustment. Overcharge penalties will be applied based on the following tiers: • For charges exceeding the limit up to .5% of the Approved Regulated TPR Revenue, there will be no penalty. • For charges exceeding the limit from .51% up to 1%, there will be a 20% penalty applied, • For charges exceeding the limit by more than 1%, there will be a 50% penalty applied. The penalties will be summed and subtracted from the Approved Regulated TPR Revenue for the succeeding rate year. If the HSCRC staff determines that the Hospital intentionally overcharged, then the overcharge corridor exempting an overcharge of up to .5% will be eliminated, and a 20% penalty will be applied to the overcharge up to .5%. c) Undercharges below the limit for Approved Regulated TPR Revenue will be subject to carryover limits, in order to assure the budgetary constraints of the All-Payer Model on a year-to-year basis. Undercharge limits will be applied as follows: • For charges below the Approved Regulated TPR Revenue amount of up to .5%, there will be no penalty. • For charges below the Approved Regulated TPR Revenue amou...
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Related to Compliance Monitoring Under the TPR

  • Compliance Monitoring Grantee must be subject to compliance monitoring during the period of performance in which funds are Expended and up to three years following the closeout of all funds. In order to assure that the program can be adequately monitored, the following is required of Grantee: a. Grantee must maintain a financial tracking system provided by Florida Housing that ensures that CRF funds are Expended in accordance with the requirements in this Agreement. b. Grantee must maintain records on all awards to Eligible Persons or Households. These records must include, but are not limited to: i. Proof of income compliance (documentation from submission month, including but not limited to paystub, Florida unemployment statement, social security and/or disability statement, etc.); ii. Lease; and iii. Documentation of rental assistance payments made.

  • Monitoring Compliance Upon the request of the Lender, but without incurring any liability beyond the Guaranteed Obligations, from time to time, Guarantor shall promptly provide to the Lender such documents, certificates and other information as may be deemed reasonably necessary to enable the Lender to perform its functions under the Servicing Agreement as the same relates to the Guarantor.

  • Project Monitoring Reporting and Evaluation The Recipient shall furnish to the Association each Project Report not later than forty-five (45) days after the end of each calendar semester, covering the calendar semester.

  • Compliance Review During the Term, Developer agrees to permit the GLO, HUD, and/or a designated representative of the GLO or HUD to access the Property for the purpose of performing Compliance-Monitoring Procedures. In accordance with GLO Compliance-Monitoring Procedures, the GLO or HUD will periodically monitor and audit Developer’s compliance with the requirements of this Agreement, the CDBG-DR Regulations, the CDBG Multifamily Rental Housing Guidelines, and any and all other Governmental Requirements during the Term. In conducting any compliance reviews, the GLO or HUD will rely primarily on information obtained from Developer’s records and reports, on-site monitoring, and audit reports. The GLO or HUD may also consider other relevant information gained from other sources, including litigation and citizen complaints. 5.04 HAZARDOUS MATERIALS: INDEMNIFICATION

  • Program Compliance The School Board shall be responsible for monitoring the program to provide technical assistance and to ensure program compliance.

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