Common use of Incorrect Payment Clause in Contracts

Incorrect Payment. If the Provider feels that a payment received for services invoiced is incorrect, the Provider must notify the Buyer in writing of the questioned payment within forty-five (45) calendar days after the receipt of the payment. Supporting evidence must accompany such notification. The Buyer must correct any error found or respond in writing to the Provider why no error exists within the forty-five (45) calendar days after the receipt of the Provider’s notification. If the Provider’s notification and supporting evidence are not received by the Buyer within the forty-five (45) calendar day limit, the Buyer is not obligated to make any adjustments to the questionable payment. If the Provider feels that the payment received for services invoiced was an overpayment, then the Provider must notify the Buyer immediately.

Incorrect Payment. If the Provider feels that a payment received for services invoiced is incorrect, the Provider must notify the Buyer in writing of the questioned payment within forty-forty- five (45) calendar days after the receipt of the payment. Supporting evidence must accompany such notification. The Buyer must correct any error found or respond in writing to the Provider why no error exists within the forty-five (45) calendar days after the receipt of the Provider’s notification. If the Provider’s notification and supporting evidence are not received by the Buyer within the forty-five (45) calendar day limit, the Buyer is not obligated to make any adjustments to the questionable payment. If the Provider feels that the payment received for services invoiced was an overpayment, then the Provider must notify the Buyer immediately.