Common use of OVERPAYMENT AND DISALLOWED COSTS Clause in Contracts

OVERPAYMENT AND DISALLOWED COSTS. Subrecipient shall be liable to the GLO for any costs disallowed pursuant to financial and/or compliance audit(s) of funds received under this Contract. Subrecipient shall reimburse disallowed costs from funds which were not provided or otherwise made available to Subrecipient under this Contract.

Appears in 12 contracts

Samples: Glo Contract, Glo Contract, Glo Contract

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OVERPAYMENT AND DISALLOWED COSTS. Subrecipient shall be liable to the GLO for any costs disallowed pursuant to financial and/or compliance audit(s) of funds Subrecipient received under this Contract. Subrecipient shall reimburse the GLO for such disallowed costs from funds which that were not provided or otherwise made available to Subrecipient under this Contract. Subrecipient must refund disallowed costs and overpayments of funds received under this Contract to the GLO within 30 days after the GLO issues notice of overpayment to Subrecipient.

Appears in 1 contract

Samples: General Land Office

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