CONTRACT FINANCING Sample Clauses

CONTRACT FINANCING. MDCH shall pay, to the PIHP, Medicaid funds as agreed to in the contract. The MDCH shall immediately notify the PIHP of modifications in funding commitments in this contract under the following conditions: A. Action by the Michigan State Legislature or by the Center for Medicare and Medicaid Services that removes any MDCH funding for, or authority to provide for, specified services. B. Action by the Governor pursuant to Const. 1963, Art. 5, 320 that removes the MDCH's funding for specified services or that reduces the MDCH's funding level below that required to maintain services on a statewide basis. C. A formal directive by the Governor, or the Michigan Department of Management and Budget (State Budget Office) on behalf of the Governor, requiring a reduction in expenditures. In the event that any of the conditions specified in the above items A through C occur, the MDCH shall issue an amendment to this contract reflective of the above condition.
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CONTRACT FINANCING. Subpart 2832.1—Non-Commercial Item Purchase Financing Subpart 2832.4—Advance Payments for Non-Commercial Items SUBPART 2832.9—Prompt Payment Subpart 2832.11—Electronic Funds Transfer
CONTRACT FINANCING. The provisions provided in the following subsections describe the financing arrangements in support of this contract. The authorized funding to be provided by the MDHHS to the CMHSP is included as Attachment C 7.0.1 to this contract. MDHHS may revise the funding authorization contained in Attachment C 7.0.1 during the contract year without formal amendment. Such revisions in authorizations shall be incorporated in a final authorization that is transmitted to the CMHSP and shall be utilized for cost settlement purposes. These revisions may include residential lease close outs and categorical authorization changes when these have been authorized by MDHHS. Additionally, with the mutual written concurrence of each of the involved CMHSPs and MDHHS, these authorization revisions may include transfers pursuant to section 236 and section 307 of the Mental Health Code.
CONTRACT FINANCING. Breakdown of costs Total costs 20 years Per unit Annual costs Total 3,937,300 61,520 207,226 Funding for initial investments Sources Amount % of refurbt. % of total Amount of refurbishment € 1,669,369 100% Total investment € 4,047,394 100% Repayment of investment
CONTRACT FINANCING. The provisions provided in the following subsections describe the financing arrangements in support of this contract. An estimate of the funding to be provided by the MDCH to the PIHP is included as Attachment P 7.0.1 to this contract. The PIHP agrees to provide to the MDCH, for deposit into a separate contingency account, local funds as authorized in the State Appropriations Act. These funds shall not include either state funds received by a CMHSP for services provided to non-Medicaid recipients or the state matching portion of the Medicaid capitation payments made to a CMHSP or an affiliation of CMHSPs. The amount of such funds and payment schedule is provided in Attachment P 7.0.1. The rates included in attachment P7.0.1 are in effect with the initial contract. Rates may be revised without formal amendment of the contract when these revisions are actuarially certified, approved by CMS are necessary to comply with the requirements of an Executive Order or MDCH appropriations and are incorporated by reference in this contract when transmitted in writing to the PIHP. The Department of Health and Human Services (HHS), United States Comptroller General or their representatives must have access to books, documents, etc., of the PIHP.
CONTRACT FINANCING. The provisions provided in the following subsections describe the financing arrangements in support of this contract. The authorized funding to be provided by the MDCH to the CMHSP is included as Attachment C 7.0.1 to this contract. DCH may revise the funding authorization contained in Attachment C 7.0.1 during the contract year without formal amendment. Such revisions in authorizations shall be incorporated in a final authorization that is transmitted to the CMHSP and shall be utilized for cost settlement purposes. These revisions may include state facility rate changes; resolved state facility full management/Purchase of Service disputes; state facility prior year adjustments; and associated trade-offs as well as residential lease close outs and categorical authorization changes when these have been authorized by DCH. Additionally, with the mutual written concurrence of each of the involved CMHSPs and DCH, these authorization revisions may include transfers pursuant to section 236 and section 307 of the Mental Health Code.
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CONTRACT FINANCING. 58 7.1 Local Obligation 58
CONTRACT FINANCING. The provisions provided in the following subsections describe the financing arrangements in support of this contract. An estimate of the funding to be provided by the MDCH to the PIHP is included as Attachment P 7.0.1 to this contract. A PIHP shall accept transfers of all reserve accounts and related liabilities accumulated by PIHPs that formerly operated within the current PIHP’s geographic region. A PIHP shall accept transfer of all liabilities accumulated by the PIHPs that formerly operated within the PIHP’s geographic region that were incurred and paid on behalf of the new PIHP as pre-award costs. The PIHP agrees to provide to the MDCH, for deposit into a separate contingency account, local funds as authorized in the State Appropriations Act. These funds shall not include either state funds received by a CMHSP for services provided to non-Medicaid recipients or the state matching portion of the Medicaid capitation payments made to a CMHSP or an affiliation of CMHSPs. The amount of such funds and payment schedule is provided in Attachment P 7.0.1. The rates included in attachment P7.0.1 are in effect with the initial contract. Rates may be revised without formal amendment of the contract when these revisions are actuarially certified, approved by CMS as necessary to comply with the requirements of an Executive Order or MDCH appropriations and are incorporated by reference in this contract when transmitted in writing to the PIHP. The Department of Health and Human Services (HHS), United States Comptroller General or their representatives must have access to books, documents, etc., of the PIHP.
CONTRACT FINANCING. The provisions provided in the following subsections describe the financing arrangements in support of this contract. An estimate of the funding to be provided by the MDCH to the PIHP is included as Attachment P 7.0.1 to this contract. The PIHP agrees to provide to the MDCH, for deposit into a separate contingency account, local funds as authorized in the State Appropriations Act. These funds shall not include either state funds received by a CMHSP for services provided to non-Medicaid recipients The rates included in attachment P7.0.1 are in effect with the initial contract. Rates may be revised without formal amendment of the contract when these revisions are actuarially certified, approved by CMS are necessary to comply with the requirements of an Executive Order or MDCH appropriations and are incorporated by reference in this contract when transmitted in writing to the PIHP. The Department of Health and Human Services (HHS), United States Comptroller General or their representatives must have access to books, documents, etc., of the PIHP.
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