Common use of Return of Funds Clause in Contracts

Return of Funds. Contractor will return any overpayments due to unearned funds or funds disallowed pursuant to the terms of the Contract that were disbursed to the Contractor. The Contractor must return any overpayment within forty (40) calendar days after either discovery by the Contractor, its independent auditor, or notification by the Department or Customer of the overpayment.

Appears in 1346 contracts

Samples: Supplemental Contract, Alternate Contract Source Agreement, Information Technology Staff Augmentation Services

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Return of Funds. Contractor will return any overpayments due to unearned funds or funds disallowed pursuant to the terms of the Contract that were disbursed to the ContractorContractor by the Department or Customer. The Contractor must return any overpayment within forty (40) 40 calendar days after either discovery by the Contractor, its independent auditor, or notification by the Department or Customer of the overpayment.

Appears in 90 contracts

Samples: Contract Agreement, Supplemental Contract, Contract for Mail Processing Equipment

Return of Funds. Contractor will return to the Department any overpayments due to unearned funds or funds disallowed pursuant to the terms of the this Contract that were disbursed to the ContractorContractor by the Department or Customer. The Contractor must shall return any overpayment to the Department within forty (40) calendar days after either discovery by the Contractor, Contractor its independent auditor, or notification by the Department or Customer Department, of the overpayment.

Appears in 37 contracts

Samples: Contract Renewal, Contract, Contract

Return of Funds. Contractor will return to the Customer any overpayments due to unearned funds or funds disallowed pursuant to the terms of the this Contract that were disbursed to the ContractorContractor by the Customer. The Contractor must shall return any overpayment to the Customer within forty (40) calendar days after either discovery by the Contractor, Contractor its independent auditor, or notification by the Department or Customer Customer, of the overpayment.

Appears in 18 contracts

Samples: Information Technology Independent Verification and Validation Contract, Information Technology Independent Verification and Validation Contract, Independent Verification and Validation Contract

Return of Funds. Contractor will return any overpayments due to unearned funds or funds disallowed pursuant to the terms of the Contract that were disbursed to the Contractor. The Contractor must return any overpayment within forty (40) calendar days after either discovery by the Contractor, its independent auditor, or notification by the Department or Customer of the overpayment.or

Appears in 11 contracts

Samples: Information Technology Staff Augmentation Services, Information Technology Staff Augmentation Services, Information Technology Staff Augmentation Services

Return of Funds. Contractor will return to the Department or Customer any overpayments due to unearned funds or funds disallowed pursuant to the terms of the Contract that were disbursed to the ContractorContractor by the Department or Customer. The Contractor must shall return any overpayment to the Department or Customer within forty (40) 40 calendar days after either discovery by the Contractor, its independent auditor, or notification by the Department or Customer Customer, of the overpayment.

Appears in 10 contracts

Samples: Contract for Document Management Services, Contract for Document Management Services, Assignment Agreement

Return of Funds. Contractor will return any overpayments due to unearned funds or funds disallowed pursuant to the terms of the Contract that were disbursed to the Contractor. The Contractor must return any overpayment within forty (40) 40 calendar days after either discovery by the Contractor, its independent auditor, or notification by the Department or Customer of the overpayment.

Appears in 7 contracts

Samples: Floorcovering & Installation Services Contract, State Term Contract, Floorcovering & Installation Services Contract

Return of Funds. Contractor will return any overpayments due to unearned funds or funds disallowed pursuant to the terms of the Contract that were disbursed to the ContractorContractor by the Department. The Contractor must return any overpayment within forty (40) calendar days after either discovery by the Contractor, its independent auditor, or notification by the Department or Customer of the overpayment.

Appears in 4 contracts

Samples: Health Insurance Management Information System Contract, Health Insurance Management Information System Contract, Contract

Return of Funds. Contractor will return any overpayments due to unearned funds or funds disallowed pursuant to the terms of the Contract that were disbursed to the ContractorContractor by the Department or Customer. The Contractor must return any overpayment within forty (40) calendar days after either discovery by the Contractor, its independent auditor, or notification by the Department or Customer of the overpayment.

Appears in 3 contracts

Samples: Mobile Communication Services Contract, Suncom Communications Services Contract, Telecommunications

Return of Funds. Contractor will return any overpayments due to unearned funds or funds disallowed pursuant to the terms of the Contract that were disbursed to the Contractor. The Contractor must return any overpayment within forty (40) calendar days after either discovery by the Contractor, Contractor or its independent auditor, or within forty (40) calendar days after notification by the Department or Customer of the overpaymentoverpayment provided that the Contractor is in agreement that it has been overpaid. Disagreement between the parties regarding overpayment will be handled in accordance with the dispute resolution provisions set forth in Section 5.2, below.

Appears in 2 contracts

Samples: Laboratory Equipment and Supplies Contract, Laboratory Equipment and Supplies Contract

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Return of Funds. Contractor The contractor will return to the Customer any overpayments due to unearned funds or funds disallowed pursuant to the terms of the this Contract that were disbursed to the ContractorContractor by the Customer. The Contractor must shall return any overpayment to the Customer within forty (40) calendar days after either discovery by the Contractor, Contractor its independent auditor, or notification by the Department or Customer of the overpayment.

Appears in 1 contract

Samples: Information Technology Staff Augmentation Services Contract

Return of Funds. Contractor will return any overpayments due to unearned funds or funds disallowed pursuant to the terms of the Contract that were disbursed to the Contractor. The Contractor must return any overpayment within forty (40) calendar days after either discovery by the Contractor, its independent auditor, or notification by the Department or Customer of the overpayment.

Appears in 1 contract

Samples: Temporary Administrative and Light Industrial Staff Contract

Return of Funds. Contractor will return any overpayments due to unearned funds or funds disallowed pursuant to the terms of the Contract that were disbursed to the Contractor. The Contractor must return any overpayment within forty (40) calendar days after either discovery by the Contractor, Contractor or its independent auditor, or within forty (40) calendar days after notification by the Department or Customer of the overpaymentoverpayment provided that the Contractor is in agreement that it has been overpaid. Disagreement between the parties regarding overpayment will be handled in accordance with the dispute resolution provisions set forth in the Special Contract Conditions.

Appears in 1 contract

Samples: Alternate Contract Source Agreement

Return of Funds. Contractor will return any overpayments due to unearned funds or funds disallowed pursuant to the terms of the Contract that were disbursed to the ContractorContractor by the Department. The Contractor must return any overpayment within forty (40) 40 calendar days after either the earlier of discovery by the Contractor, its independent auditor, or notification by the Department or Customer of the overpayment.

Appears in 1 contract

Samples: Actuarial Services Contract

Return of Funds. Contractor will return to the Customer any overpayments due to unearned funds or funds disallowed pursuant to the terms of the this Contract that were disbursed to the ContractorContractor by the Customer. The Contractor must shall return any overpayment to the Customer within forty (40) calendar days after either discovery by the Contractor, Contractor its independent auditor, or notification by the Department or Customer of the overpayment.

Appears in 1 contract

Samples: Information Technology Staff Augmentation Services Contract

Return of Funds. Contractor will return any overpayments due to unearned funds or funds disallowed pursuant to the terms of the Contract Purchase Order that were disbursed to the Contractor. The Contractor must return any overpayment within forty (40) calendar days after either discovery by the Contractor, its independent auditor, or notification by the Department or Customer of the overpayment.

Appears in 1 contract

Samples: Purchase Order Terms & Conditions

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