Common use of COST SETTLEMENT Clause in Contracts

COST SETTLEMENT. A. If the Contractor provides alcohol and drug services as defined in CCR Title 9 (whether Medi-Cal or non-Medi-Cal), Contractor shall provide County a Certified Annual Alcohol and Drug Cost Report. Contractor shall certify and submit a Cost Report covering the preceding County fiscal year of July 1 through June 30, in a form satisfactory to the Director and as prescribed by the State in the Cost Reporting Data Collection Manual and Xxxxx-Xxxxx/Medi-Cal cost report instructions. This Cost Report is due to the County no later than September 30 unless otherwise specified by the Director. In the event that this Agreement expires or is terminated on a date other than June 30, Contractor shall provide County such a Cost Report, covering the preceding period of July 1 through the date of expiration or termination no later than forty-five (45) days after the date of expiration or termination unless otherwise specified by the Director. It is anticipated that the State will complete the final settlement process within three to five years from the date of the interim settlement. The State will perform financial compliance audit to determine data reported in the Provider’s State-developed cost report and represents the allowable cost of providing non-Narcotic Treatment Programs or Narcotic Treatment Program services in accordance with Medicare cost reimbursement principles (42 FR 413), OMB A-87, and Medicaid non-institutional reimbursement principle; and the statistical data used to determine the unit of service rate reconciled with the State’s record. If the total audited reimbursable cost based on the methodology as described is less than the total interim payment and the interim settlement payments, the State will work through the County to recoup any overpayments and return the Federal share to the Federal government in accordance with 42 CFR 433.316. If the total reimbursable cost is greater than the total interim and interim settlement payments, then the cost will be settled at the amount of the certified public expenditure.