Common use of VENDOR OFFSET Clause in Contracts

VENDOR OFFSET. [Not applicable to intergovernmental agreements] If required by CRS §24-30-202.4 (3.5), the University Controller may withhold payment under the state’s vendor offset intercept system for debts owed for: (a) unpaid child support debts or child support arrearages;

VENDOR OFFSET. [Not applicable Applicable to intergovernmental agreementsIntergovernmental Agreements] If required by CRS §24-30-30- 202.4 (3.5), the University Controller may withhold payment under the state’s 's vendor offset intercept system for debts owed for: (a) unpaid child support debts or child support arrearages; (b) unpaid balances of tax, accrued interest, or other charges specified in CRS §00-00-000, et seq.; (c) unpaid loans due to the Student Loan Division of the Department of Higher Education;