Payment Data Certification Clause Samples
The Payment Data Certification clause requires parties to formally verify the accuracy and completeness of payment-related information provided under the agreement. Typically, this involves a responsible party, such as a financial officer, certifying that all invoices, statements, or payment records are correct and comply with the contract’s requirements. By mandating this certification, the clause helps prevent disputes over payment amounts and ensures transparency and accountability in financial transactions.
Payment Data Certification. Contractor shall certify the data it provides to the Department to be used in determining payment of FFP to the Contractor, in accordance with 42 C.F.R. §§ 438.604 and 438.606.
