Common use of Service Unit Rates Clause in Contracts

Service Unit Rates. Service unit rates are estimated costs of performance and will be periodically adjusted to reflect the cost of performance actually incurred, based on the Department’s review of the actual expenditure reports submitted by the Provider, provided that the actual expenditure reports reflect a deficit or surplus in operational costs. Adjustments to the service unit price will be made via contract amendment, reflecting the Department’s determination of the price that should be applied in light of the actual expenditure reports. Payments made to the Provider in excess of the actual costs of providing contracted services will be refunded to the Department in accordance with Section 3.5 of the Standard Integrated Contract.

Appears in 5 contracts

Samples: Appendix Xii, www.myflorida.com, www.myflorida.com

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