Cost Reporting. A. The Contractor shall submit a fiscal year-end cost report no later than December 31 following the close of each fiscal year unless that date is extended by the Department, in accordance with the Welf. & Inst. Code § 14705(c), and/or guidelines established by the Department. Data submitted shall be full and complete and the cost report shall be certified by the Contractor’s Mental Health Director and one of the following: (1) the Contractor’s chief financial officer (or equivalent), (2) an individual who has delegated authority to sign for, and reports directly to, the Contractor’s chief financial officer, or (3) the Contractor’s auditor-controller, or equivalent. The cost report shall include both Contractor's costs and the cost of its subcontractors, if any. The cost report shall be completed in accordance with instructions contained in the Department's Cost and Financial Reporting System Instruction Manual which can be accessed through the Department’s Information Technology Web Services (ITWS) for the applicable year, as well as any instructions that are incorporated by reference thereto; however, to the extent that the Contractor disagrees with such instructions, it may raise that disagreement in writing with the Department at the time the cost report is filed, and shall have the right to appeal such disagreement pursuant to procedures developed under the Welf. & Inst. Code § 14171.
B. In accordance with Welf. & Inst. Code § 5655 , the Department shall provide technical assistance and consultation to the Contractor regarding the preparation and submission of timely cost reports. If the Contractor does not submit the cost report by the reporting deadline, including any extension period granted by the Department, the Department, in accordance with Welf.& Inst. Code § 14712(e), may withhold payments of additional funds until the cost report that is due has been submitted.
C. Upon receipt of an amended cost report, which includes reconciled units of service, and a certification statement that has been signed by the Contractor’s Mental Health Director and one of the following: 1) the Contractor’s Chief Financial Officer (or equivalent), (2) an individual who has delegated authority to sign for, and reports directly to the Contractor’s Chief Financial Officer, or (3) the county’s auditor controller, or equivalent, the Department shall preliminarily settle the cost report. After completing its preliminary settlement, the Department shall so notify the Cont...
Cost Reporting. Recipients will be reporting their Federal cash disbursements quarterly through the Payment Management System (PMS) at the Department of Health and Human Services and their Federal share of grant program expenditures (including indirect costs) semi- annually through CNCS’s eGrants system. Recipient’s financial management systems must be able to routinely produce reports which support and reconcile to the amounts reported to PMS and eGrants. Recipients must also ensure that the financial management systems of any subrecipients can routinely produce the same reports. As part of its ongoing fiscal oversight of recipients, CNCS will be requesting randomly selected recipients to provide reports supporting their Federal cash disbursements reported to PMS (including supporting information for cash disbursements made by subrecipients). CNCS expects recipients’ and subrecipients’ financial management systems to be able to produce those supporting reports on a routine basis.
Cost Reporting. CONSULTANT shall notify MST’s Project Manager in writing whenever it has reason to believe that the total allocable costs have reached 75% of the total contract budgeted amount. Additionally, CONSULTANT shall notify MST immediately if the projected costs of performance of additional requested tasks would cause the budgeted contract amount to be exceeded. CONSULTANT is not authorized to exceed the budgeted contract amount unless or until a contract modification has been issued which increases the price.
Cost Reporting. With respect to sales made in the United States, the buyer acknowledges that it is required by Law to disclose, in any cost reports or claims for reimbursement submitted to Medicare, Medicaid, or certain other health care programs, the cost (including, but not limited to, any discounts, rebates or other price concessions) of any Products and on request, provide to the U.S. Department of Health and Human Services and any state agencies any invoices, coupons, statements, and other documentation reflecting such costs. The buyer may receive subsequent documentation under some programs reflecting adjustments or allocations to the price available hereunder. In preparing any cost reports, the buyer may be required to evaluate as a discount the value of any product listed as $0.00 on any invoice. The buyer should not include as a discount for cost-reporting purposes the value of any item that is designated as a sample or that the buyer knows constitutes a sample, and it should not seek reimbursement for any such items. The seller recommends that the buyer retain a copy of this invoice and any other documentation provided by the seller regarding any price concessions under this invoice. The buyer may request additional information from the seller to meet the buyer’s reporting or disclosure obligations, by writing to the address on the reverse side. With respect to sales made in any jurisdiction outside of the United States, the buyer acknowledges that it may be required to make equivalent disclosures under the Law of such jurisdiction, and shall make any such required disclosures.
Cost Reporting. The buyer acknowledges that it may be required under the Applicable Laws to disclose cost (including, but not limited to, any discounts, rebates or other price concessions) or cost related documents (such as invoices, coupon, statements), e.g. in cost reports or claims for reimbursement submitted to health care programs or other (public) institutions. The buyer shall make any such required disclosures in accordance with the Applicable Laws.
Cost Reporting. The Contractor must submit annual financial cost reports based on the state’s fiscal year which begins October 1 and ends September 30 in the following calendar year. The reports must contain the actual costs incurred by providers in delivering services required in this contract to MDHHS clients for the reporting period. Costs for non-MDHHS youth are not to be included. Reports will be submitted using a template provided by MDHHS. The financial reports must be submitted annually, and will be due November 30 of each fiscal year. The Contractor must comply with all other program and fiscal reporting procedures as are or may hereinafter be established by MDHHS. Reports must be submitted electronically to MDHHS-Xxxxxx-Care- Xxxxxx@xxxxxxxx.xxx with the subject line: RFCAN Cost Report. Failure to meet reporting responsibilities as identified in this contract may result in MDHHS withholding payments until receipt of annual financial cost report. MDHHS may withhold from current payments an amount equal to five percent of the Contractor’s reporting year MDHHS revenue (not to exceed $60,000) until the required filing is received by the Department. MDHHS may retain withheld funds as a penalty if delinquency reaches sixty (60) days past due. MDHHS may terminate the contract if the Contractor is ninety (90) days delinquent in submitting the required annual financial cost report.
Cost Reporting. A. The Contractor shall submit a fiscal year-end cost report no later than December 31 following the close of each fiscal year, in accordance with the Welf. & Inst. Code § 14705(c), unless that date is extended by the Department, in accordance with the Welf. & Inst. Code § 14705(c), and/or guidelines established by the Department. Data submitted shall be full and complete and the cost report shall be certified by the Contractor’s Mental Health Director and one of the following: (1) the Contractor’s chief financial officer (or equivalent), (2) an individual who has delegated authority to sign for, and reports directly to, the Contractor’s chief financial officer, or (3) the Contractor’s auditor-controller, or equivalent. The cost report shall include both Contractor's costs and the cost of its subcontractors, if any. The cost report shall be completed in accordance with instructions contained in the Department's Cost and Financial Reporting System Instruction Manual which can be accessed through the Department’s Information Technology Web Services (ITWS) for the applicable year, as well as any instructions that are incorporated by reference thereto; however, to the extent that the Contractor disagrees with such instructions, it may raise that disagreement in writing with the Department at the time the cost report is filed, and shall have the right to appeal such disagreement pursuant to procedures developed under the Welf. & Inst. Code § 14171.
B. In accordance with Welf. & Inst. Code § 5655, the Department shall provide technical assistance and consultation to the Contractor regarding the preparation and submission of timely cost reports. If the Contractor does not submit the cost report by the reporting deadline, including any extension period granted by the Department, the Department, in accordance with Welf.& Inst. Code § 14197.7(o)(1)14712(e), may withhold payments of additional funds until the cost report that is due has been submitted.
C. Upon receipt of an amended cost report, which includes reconciled units of service, and a certification statement that has been signed by the Contractor’s Mental Health Director and one of the following: 1) the Contractor’s Chief Financial Officer (or equivalent), (2) an individual who has delegated authority to sign for, and reports directly to the Contractor’s Chief Financial Officer, or (3) the county’s auditor controller, or equivalent, the Department shall preliminarily settle the cost report. After completing ...
Cost Reporting. Costs associated with implementing the Demonstration must be tracked according to the AAA’s Cost Allocation Plan. Revenues accrued through the milestone payments must be used in support of the five-year Demonstration. Any balances that may remain at the end of the Demonstration must be used in the MAC/TSOA successor programs or if there is no successor program, reported and tracked as part of a restricted ending balance to use in support of the ALTSA’s HCBS. AAAs must submit an MTD Fund Balance Report within 45 days from the AAAs fiscal year end close.
Cost Reporting. Recipients will be reporting their Federal share of grant program expenditures (including indirect costs, if applicable) through AmeriCorps’ eGrants system. Recipient’s financial management systems must be able to routinely produce reports which support and reconcile to the amounts drawn from the Payment Management System (PMS) and/or reported to eGrants. As part of closing out individual awards, recipients must ensure drawdowns reconcile to the FFR in eGrants as applicable within 120 days of the end of the project period. Recipients must also ensure that the financial management systems of any subrecipients can routinely produce the same reports. As part of its ongoing fiscal oversight of recipients, AmeriCorps may randomly select recipients to provide reports supporting their Federal cash disbursements (including supporting information for cash disbursements made by subrecipients). AmeriCorps expects recipients’ and subrecipients’ financial management systems to be able to produce those supporting reports on a routine basis.
Cost Reporting. Supplier shall provide to Customer a quarterly cost report which complies with the following requirements: (a) fully indented and costed Xxxx of Materials, (b) forecast costing on a rolling 3-month basis including all cost reduction opportunities, and (c) reference multiple sourcing and percent mix of use, as applicable. *** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and is the subject of a confidential treatment request.
