Common use of Experience Rebate Clause in Contracts

Experience Rebate. (FSR calculation sheet) 1. Recalculate the experience rebate using the adjusted FSR and the calculation sheet, then compare these to the rebate submitted by the MTO. 2. Validate that any items used in the calculation spreadsheet as an adjustment to reported income have not been, in effect, double counted through both inclusion as an allowable expense and as an adjustment to the experience rebate calculation.

Appears in 2 contracts

Samples: Work Order Contract, Work Order Contract

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Experience Rebate. (FSR calculation sheet) 1. Recalculate the experience rebate using the adjusted FSR and the calculation sheet, then compare these to the rebate submitted by the MTO. 2. Validate that any items used in the calculation spreadsheet as an adjustment to reported income have not been, in effect, double counted through both inclusion as an allowable expense and as an adjustment to the experience rebate calculation.. DocuSign Envelope ID: 11787055-693E-4443-B144-23184BE6B1DD

Appears in 1 contract

Samples: Work Order Contract

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Experience Rebate. (FSR calculation sheet) 1. Recalculate the experience rebate using the adjusted FSR and the calculation sheet, then compare these to the rebate submitted by the MTO. 2. Validate that any items used in the calculation spreadsheet as an adjustment to reported income have not been, in effect, double counted through both inclusion as an allowable expense and as an adjustment to the experience rebate calculation.. DocuSign Envelope ID: B00291AD-2783-46A9-B5D9-D12D6DFFD84E

Appears in 1 contract

Samples: Work Order Contract

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