Financial Obligations of Parkland and the QRO. 1. Parkland shall be responsible for all reasonable costs incurred by the QRO in connection with this engagement, including but not limited to labor costs (direct and indirect); consultant and subcontract costs; materials cost (direct and indirect); and other direct costs (travel, other miscellaneous).
2. Parkland shall pay the QRO’s bills within 30 days of receipt, unless otherwise negotiated with the QRO. Failure to pay the QRO within 30 calendar days of submission of the QRO’s invoice for services previously rendered shall constitute a basis to impose stipulated penalties or exclude Parkland, as provided under Section X.3 of the CIA. While Parkland must pay all of the QRO’s bills within 30 days, Parkland may bring any disputed QRO’s Costs or bills to OIG’s attention.
3. The QRO shall charge a reasonable amount for its fees and expenses. The QRO shall submit a written report for each Reporting Period representing an accounting of its costs throughout the year to Parkland and to OIG by the submission deadline of Parkland’s Annual Report.
