Common use of Payment Reduction Clause in Contracts

Payment Reduction. Agency, or its duly authorized agents, may audit Consultant’s fiscal records, including certified payroll and overhead records at any time. If Agency finds previously undisclosed inaccurate or improper costs have been invoiced and paid, Agency will notify Consultant and seek clarification. Agency, in its sole discretion, may reduce the payment for Services by withholding the inaccurate or improper amounts from any future payment to Consultant, withhold the inaccurate or improper amounts from final payment to Consultant, or may use any other means to seek recovery of already paid but improperly calculated amounts.

Payment Reduction. Agency, or its duly authorized agents, may audit ConsultantContractor’s fiscal records, including certified payroll and overhead records at any time. If Agency finds previously undisclosed inaccurate or improper costs have been invoiced and paid, Agency will notify Consultant Contractor and seek clarification. Agency, in its sole discretion, may reduce the payment for Services by withholding the inaccurate or improper amounts from any future payment to ConsultantContractor, withhold the inaccurate or improper amounts from final payment to ConsultantContractor, or may use any other means to seek recovery of already paid but improperly calculated amounts.

Payment Reduction. Agency, or its duly authorized agents, may audit ConsultantContractor’s fiscal records, including certified payroll and overhead records at any time. If Agency finds previously undisclosed inaccurate or improper costs have been invoiced and paid, Agency will notify Consultant Contractor and seek clarification. Agency, in its sole discretion, may reduce the payment for Services by withholding the inaccurate or improper amounts from any future payment to ConsultantContractor, withhold the inaccurate or improper amounts from final payment to ConsultantContractor, or may use any other means to seek recovery of already paid but improperly calculated amounts.

Payment Reduction. Agency, or its duly authorized agents, may audit Consultant’s fiscal records, including certified payroll and overhead records at any time. If Agency finds previously undisclosed inaccurate or improper costs have been invoiced and paid, Agency will notify Consultant and seek clarification. Agency, in its sole discretion, may reduce the payment for Services by withholding the inaccurate or improper amounts from any future payment to Consultant, may withhold the inaccurate or improper amounts from final payment to Consultant, or may use any other means to seek recovery of already paid but improperly calculated amounts.

Payment Reduction. Agency, or its duly authorized agents, may audit ConsultantContractor’s fiscal records, including certified payroll and overhead records at any time. If Agency finds previously undisclosed inaccurate or improper costs have been invoiced and paid, Agency will notify Consultant Contractor and seek clarification. Agency, in its sole discretion, may reduce the payment for Services by withholding the inaccurate or improper amounts from any future payment to ConsultantContractor, may withhold the inaccurate or improper amounts from final payment to ConsultantContractor, or may use any other means to seek recovery of already paid but improperly calculated amounts.