Common use of Discovery of Overpayments Clause in Contracts

Discovery of Overpayments. The Subrecipient shall refund any Overpayment of funds to DEO within 30 days of the Subrecipient’s discovery of an Overpayment or receipt of notification from DEO that an Overpayment has occurred. DEO is the final authority as to what may constitute an Overpayment of funds. Refunds should be sent to DEO’s Agreement Manager and made payable to the “Department of Economic Opportunity”. Should repayment not be made in a timely manner, DEO may charge interest, pursuant to 2 CFR 200.410, at the lawful rate of interest on the outstanding balance beginning 30 days after the date of notification or discovery.

Appears in 5 contracts

Samples: Agreement, www.careersourcecapitalregion.com, www.careersourcecapitalregion.com

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Discovery of Overpayments. The Subrecipient shall refund any Overpayment of funds to DEO within 30 days of the Subrecipient’s discovery of an Overpayment or receipt of notification from DEO that an Overpayment has occurred. DEO XXX is the final authority as to what may constitute an Overpayment of funds. Refunds should be sent to DEOXXX’s Agreement Manager and made payable to the “Department of Economic Opportunity”. Should repayment not be made in a timely manner, DEO may charge interest, pursuant to 2 CFR 200.410, at the lawful rate of interest on the outstanding balance beginning 30 days after the date of notification or discovery.

Appears in 4 contracts

Samples: Agreement, www.careersourcecapitalregion.com, www.careersourcecapitalregion.com

Discovery of Overpayments. The Subrecipient shall refund any Overpayment of funds to DEO within 30 days of the Subrecipient’s discovery of an Overpayment or receipt of notification from DEO that an Overpayment has occurred. DEO is the final authority as to what may constitute an Overpayment of funds. Refunds should be sent to DEO’s Agreement Manager and made payable to the “Department of Economic Opportunity”. Should repayment not be made in a timely manner, DEO may charge interest, pursuant to 2 CFR 200.410, interest at the lawful rate of interest on the outstanding balance beginning 30 days after the date of notification or discovery.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

Discovery of Overpayments. The Subrecipient shall refund any Overpayment of funds to DEO within 30 days of the Subrecipient’s discovery of an Overpayment Overpayment, or receipt of notification from DEO that an Overpayment has occurred. DEO is the final authority as to what may constitute an Overpayment of funds. Refunds should be sent to DEO’s Agreement Manager Manager, and made payable to the “Department of Economic Opportunity”. Should repayment not be made in a timely manner, DEO may charge interest, pursuant to 2 CFR 200.410, interest at the lawful rate of interest on the outstanding balance beginning 30 days after the date of notification or discovery.

Appears in 2 contracts

Samples: Agreement, Agreement

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Discovery of Overpayments. The Subrecipient shall refund any Overpayment of funds to DEO within 30 days of the Subrecipient’s discovery of an Overpayment or receipt of notification from DEO that an Overpayment has occurred. DEO is the final authority as to what may constitute an Overpayment of funds. Refunds should be sent to DEOXXX’s Agreement Manager and made payable to the “Department of Economic Opportunity”. Should repayment not be made in a timely manner, DEO XXX may charge interest, pursuant to 2 CFR 200.410, interest at the lawful rate of interest on the outstanding balance beginning 30 days after the date of notification or discovery.

Appears in 1 contract

Samples: Agreement

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