Common use of RECAPTURE OF FUNDS Clause in Contracts

RECAPTURE OF FUNDS. The GLO may recapture payments, including those for any unapproved expenditures, that it makes to Provider that exceed the maximum allowable rates; are not allowed under applicable laws, rules, or regulations; or are otherwise inconsistent with this Contract. Provider must refund such recaptured payments within 30 days after the GLO issues notice of recapture to Provider.

Appears in 27 contracts

Samples: Appraisal Services Contract, Services Contract, Outside Counsel Contract

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RECAPTURE OF FUNDS. The GLO may recapture from Provider payments, including those for any unapproved expenditures, that it makes to Provider that exceed the maximum allowable rates; are not allowed under applicable laws, rules, or regulations; or are otherwise inconsistent with this Contract. Provider must refund such recaptured payments within 30 days after the GLO issues notice of recapture to Provider.

Appears in 11 contracts

Samples: Professional Services Contract, Professional Services Contract, Professional Services Contract

RECAPTURE OF FUNDS. The GLO may recapture and be reimbursed for any payments, including those for any unapproved expenditures, that it makes to Provider that exceed the maximum allowable rates; are not allowed under applicable laws, rules, or regulations; or are otherwise inconsistent with this Contract. Provider must refund such recaptured payments within 30 days after the GLO issues notice of recapture to Provider.

Appears in 2 contracts

Samples: Program Implementation Services Contract, Program Implementation Services Contract

RECAPTURE OF FUNDS. The GLO may recapture payments, including those for any unapproved expenditures, that it makes to Provider that exceed the maximum allowable ratesrates under the Travel Regulations; are not allowed under applicable laws, rules, or regulations; or are otherwise inconsistent with this Contract. Provider must refund such recaptured payments within 30 days after the GLO issues notice of recapture to Provider.

Appears in 1 contract

Samples: Management System Services Contract

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RECAPTURE OF FUNDS. The GLO may recapture from Provider any payments, including those for any unapproved expenditures, that it the GLO makes to Provider that (a) exceed the maximum allowable rates; (b) are not allowed under applicable laws, rules, or regulations; or (c) are otherwise inconsistent with this Contract. Provider must refund such recaptured payments within 30 days after the GLO issues notice of recapture to Provider.

Appears in 1 contract

Samples: Project Management Services

RECAPTURE OF FUNDS. The GLO may recapture payments, including those for any unapproved expenditures, that it makes to Provider Vendor that exceed the maximum allowable rates; are not allowed under applicable laws, rules, or regulations; or are otherwise inconsistent with this Contract. Provider Vendor must refund such recaptured payments within 30 days after the GLO issues notice of recapture to ProviderVendor.

Appears in 1 contract

Samples: Ongoing Technology Enhancement and Support Services Contract

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