Financial Reviews. We monitor clients who have large dollar invoices and/or who are considered by us to be a credit risk. We reserve the right to request your financial statements and other information in order to evaluate your ability to timely pay invoices. We may require you to comply with the following policies:
Financial Reviews. Section 20 of the Master Contract is hereby redesignated as Section 32, and the following text is added to the Master Contract as Section 20 thereof:
(a) Equifax shall maintain materially accurate books and records and follow appropriate accounting practices in respect of its sales of Performance Scores.
(b) Equifax agrees that Fair, Xxxxx shall have the right, not more frequently than annually and upon at least twenty (20) business days notice, to visit the facility or facilities at which Equifax prepares and maintains the books and records described in Section 20(a) and at which Equifax maintains and utilizes the Software Facility during normal business hours. Fair, Xxxxx may inspect and evaluate Equifax’s security processes and procedures in effect at such facility as they relate to the security of the Software Facility and review the books and records used by Equifax to determine the amounts payable to Fair, Xxxxx under this Agreement and the Addenda hereto. Such reviews shall be reasonable in scope and length and shall be subject to Equifax’s security regulations. All information reviewed by Fair, Xxxxx or its agent shall be subject to the confidentiality provisions of this Agreement. Fair, Xxxxx shall cause its agent to execute a confidentiality agreement mutually acceptable to Fair, Xxxxx and Equifax before any such agent will be permitted to conduct any review under this Section 20 of this Agreement.
(c) Equifax will cooperate reasonably with Fair, Xxxxx or its agent in connection with Fair, Isaac’s exercise of its rights as set forth in this Section 20.
(d) The reviews shall be conducted in a manner which does not unreasonably disrupt, delay or interfere with Equifax’s performance of its business.
(e) Each party shall bear its own expenses incurred in relation to such examination. If Fair, Xxxxx or its agent certifies in writing, a copy of which will be provided to Equifax, that an underpayment has occurred, Equifax shall pay the undisputed arrears within sixty (60) days of receipt of sufficient documentation demonstrating Equifax’s underpayment. If Fair, Xxxxx or its agent certifies that an overpayment has occurred, the amount of such overpayment shall be credited against any outstanding or subsequent amounts owed by Equifax to Fair, Xxxxx.
(f) On a periodic basis, not more frequently than monthly and not less frequently than quarterly, Fair, Xxxxx will send Equifax a billing exception report, including a list of billing exceptions and the reason...
Financial Reviews. The University shall periodically supply Sponsor with the results of internal University reviews of XXXX financial records.
Financial Reviews. Vencor shall retain an entity, such as an ----------------- accounting, auditing, or consulting firm (hereinafter "Independent Review Organization" or "IRO") to perform review procedures to assist Vencor in assessing the adequacy of its billing and compliance practices pursuant to this CIA. This shall be an annual requirement and shall cover a twelve (12) month period. The Independent Review Organization must have expertise in the MDS, the appropriate version of RUGs, Medicare cost reporting principles for long term care hospitals, and any other billing, coding, reporting, or other requirements of the Federal health care programs from which Vencor seeks reimbursement. The IRO must be retained to conduct the assessment of the first year within ninety (90) days of the Effective Date of this CIA. The IRO shall conduct two separate engagements. One shall be an analysis of Vencor's submissions to the Federal health care programs to assist Vencor and the OIG in determining compliance with all applicable Federal health care program requirements ("Submission Engagement"). The Submissions Engagement shall assess, in part, Vencor's internal audits, which are described below. The second engagement shall determine whether Vencor is in compliance with this CIA ("Compliance Engagement").
Financial Reviews
