Common use of CONTROL PROCEDURES Clause in Contracts

CONTROL PROCEDURES. 4.1. ARC has incorporated control procedures to provide quality assurance for the Variable Remittance option. An online system ensures that these transactions are processed in accordance with the instructions submitted by the carrier to ARC. This is accomplished through a Carrier Agent Payment (CAP) file. 4.2. For each carrier/agent arrangement the CAP file includes the following information: 4.2.1. ARC Code Number 4.2.2. Carrier Identification 4.2.3. Account number (determined by the carrier) 4.2.4. Payment plan

CONTROL PROCEDURES. 4.1. ARC has incorporated control procedures to provide quality assurance for the Variable Remittance option. An online system ensures that these transactions are processed in accordance with the instructions submitted by the carrier to ARC. This is accomplished through a Carrier Agent Payment (CAP) file. 4.2. For each carrier/agent arrangement the CAP file includes the following information: 4.2.1. ARC : 4.2.1.ARC Code Number 4.2.2. Carrier Identification 4.2.3. Account number (determined by the carrier) 4.2.4. Payment plan