Common use of Revenue Collection Clause in Contracts

Revenue Collection. In SFY 2006 State funds collected and/or State costs avoided through the activities of the Revenue Collection Contractor (together “revenue collection”), net of the State’s costs of revenue collection (“net State revenue collected”) shall be no less than 115% of the net State revenue collected in the immediately preceding state fiscal year. For purposes of determining whether the amount collected in SFY 2006 meets this performance standard, the greater of the amounts collected by all of the state’s revenue collection contractors in SFY 2005 or in SFY 2004 shall form the base against which SFY 2006 collections are measured. Cost and Audits In SFY 2006 Iowa shall realize State Savings through collection of overpayments or avoidance of overpayments, by the Provider Audit and Rate Setting Contractor of no less $500,000 over a SFY 2005 base. These savings are expected to result from the more intense scrutiny provided by the cost and payment audit activity described in the RFP and Bid Proposal. In SFY 2007 and thereafter the amount of the State Savings shall be increased by 10% a year over the previous year’s State Savings. Should the activities described in this subsection cause the State to realize State Savings in any year in excess of the Savings specified above, the excess (but not any deficit) shall be credited towards the State Savings specified above for the succeeding year.

Revenue Collection. In SFY 2006 State funds collected and/or State costs avoided through the activities of the Revenue Collection Contractor (together “revenue collection”), net of the State’s costs of revenue collection (“net State revenue collected”) shall be no less than 115% of the net State revenue collected in the immediately preceding state fiscal year. year For purposes of determining whether the amount collected in SFY 2006 meets this performance standard, the greater of the amounts collected by all of the state’s revenue collection contractors in SFY 2005 or in SFY 2004 shall form the base against which SFY 2006 collections are measured. Cost and Audits In SFY 2006 Iowa shall realize State Savings through collection of overpayments or avoidance of overpayments, by the Provider Audit and Rate Setting Contractor of no less $500,000 over a SFY 2005 base. These savings are expected to result from the more intense scrutiny provided by the cost and payment audit activity described in the RFP and Bid Proposal. In SFY 2007 and thereafter the amount of the State Savings shall be increased by 10% a year over the previous year’s State Savings. Should the activities described in this subsection cause the State to realize State Savings in any year in excess of the Savings specified above, the excess (but not any deficit) shall be credited towards the State Savings savings specified above for the succeeding year.

Revenue Collection. In SFY 2006 State funds collected and/or State costs avoided through the activities of the Revenue Collection Contractor (together “revenue collection”), net of the State’s costs of revenue collection (“net State revenue collected”) shall be no less than 115% of the net State revenue collected in the immediately preceding state fiscal year. For purposes of determining whether the amount collected in SFY 2006 meets this performance standard, the greater of the amounts collected by all of the state’s revenue collection contractors in SFY 2005 or in SFY 2004 shall form the base against which SFY 2006 collections are measured. Cost and Audits In SFY 2006 Iowa shall realize State Savings savings through collection of overpayments or avoidance of overpayments, by the Provider Audit and Rate Setting Contractor of no less $500,000 over a SFY 2005 base. These savings are expected to result from the more intense scrutiny provided by the cost and payment audit activity described in the RFP and Bid Proposal. In SFY 2007 and thereafter the amount of the State Savings shall be increased by 10% a year over the previous year’s State Savings. Should the activities described in this subsection cause the State to realize State Savings in any year in excess of the Savings specified above, the excess (but not any deficit) shall be credited towards the State Savings savings specified above for the succeeding year.

Revenue Collection. In SFY 2006 State funds collected and/or State costs avoided through the activities of the Revenue Collection Contractor (together “revenue collection”), net of the State’s costs of revenue collection (“net State revenue collected”) shall be no less than 115% of the net State revenue collected in the immediately preceding state fiscal year. For purposes of determining whether the amount collected in SFY 2006 meets this performance standard, the greater of the amounts collected by all of the state’s revenue collection contractors in SFY 2005 or in SFY 2004 shall form the base against which SFY 2006 collections are measured. Cost and Audits In SFY 2006 Iowa shall realize State Savings savings through collection of overpayments or avoidance of overpayments, by the Provider Audit and Rate Setting Contractor of no less $500,000 over a SFY 2005 base. These savings are expected to result from the more intense scrutiny provided by the cost and payment audit activity described in the RFP and Bid Proposal. In SFY 2007 and thereafter the amount of the State Savings shall be increased by 10% a year over the previous year’s State Savings. Should the activities described in this subsection cause the State to realize State Savings in any year in excess of the Savings savings specified above, the excess (but not any deficit) shall be credited towards the State Savings savings specified above for the succeeding year.

Revenue Collection. In SFY 2006 State funds collected and/or State costs avoided through the activities of the Revenue Collection Contractor (together “revenue collection”), net of the State’s costs of revenue collection (“net State revenue collected”) shall be no less than 115% of the net State revenue collected in the immediately preceding state fiscal year. year For purposes of determining whether the amount collected in SFY 2006 meets this performance standard, the greater of the amounts collected by all of the state’s revenue collection contractors in SFY 2005 or in SFY 2004 shall form the base against which SFY 2006 collections are measured. Cost and Audits In SFY 2006 Iowa shall realize State Savings through collection of overpayments or avoidance of overpayments, by the Provider Audit and Rate Setting Contractor of no less $500,000 over a SFY 2005 base. These savings are expected to result from the more intense scrutiny provided by the cost and payment audit activity described in the RFP and Bid Proposal. In SFY 2007 and thereafter the amount of the State Savings shall be increased by 10% a year over the previous year’s State Savings. Should the activities described in this subsection cause the State to realize State Savings in any year in excess of the Savings specified above, the excess (but not any deficit) shall be credited towards the State Savings specified above for the succeeding year.

Revenue Collection. In SFY 2006 State funds collected and/or State costs avoided through the activities of the Revenue Collection Contractor (together “revenue collection”), net of the State’s costs of revenue collection (“net State revenue collected”) shall be no less than 115% of the net State revenue collected in the immediately preceding state fiscal year. For purposes of determining whether the amount collected in SFY 2006 meets this performance standard, the greater of the amounts collected by all of the state’s revenue collection contractors in SFY 2005 or in SFY 2004 shall form the base against which SFY 2006 collections are measured. Cost and Audits In SFY 2006 Iowa shall realize State Savings through collection of overpayments or avoidance of overpayments, by the Provider Audit and Rate Setting Contractor of no less $500,000 over a SFY 2005 base. These savings are expected to result from the more intense scrutiny provided by the cost and payment audit activity described in the RFP and Bid Proposal. In SFY 2007 and thereafter the amount of the State Savings shall be increased by 10% a year over the previous year’s State Savings. Should the activities described in this subsection cause the State to realize State Savings in any year in excess of the Savings savings specified above, the excess (but not any deficit) shall be credited towards the State Savings savings specified above for the succeeding year.