VCO definition
Examples of VCO in a sentence
If the Plan Sponsor wishes to modify a correction method provided in Appendix A or Appendix B or to propose another method, the Plan Sponsor may not use VCS, but may request a compliance statement under the VCO procedure.
In each case, the minimum amount is the applicable VCO fee in section 12.
Lewis, LL.M, MPS, VCO, CPPB Purchasing Agent Arlington County, Virginia ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ Arlington, Virginia 22201 Phone: (▇▇▇) ▇▇▇-▇▇▇▇ Email: ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇, County Manager Arlington County, Virginia ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ Arlington, Virginia 22201 All other terms and conditions of the Main Agreement remain in effect.
In the case of a VCO or VCS submission, the appropriate fee described in section 12.02 or 12.03 must be included with the submission.
VCO is available only if the plan’s identified failures are all Operational Failures and only if the plan has a Favorable Letter.
The Service retains the discretion to determine whether a submission is outside the scope of the special VCO rules even if the identified failures are Operational Failures and the plan has a Favorable Letter.
The user fee for the determination letter application and the fee for a VCP submission which requires an upfront fee, for example, a VCO or VCS submission, must be submitted on separate certified or cashier’s checks made payable to the U.S. Treasury.
Both VCS requests may be shifted into VCO if the first VCS request is still being considered.
The compliance fee for the Anonymous Submission Procedure is the fee applicable under other provisions of this section 12 (i.e., the fee under section 12.01 for VCP general procedures, the fee under section 12.02 for VCO, or the fee under section 12.05 for VCT).
The Service reserves the right to shift requests for consideration under VCS into VCO if the Plan Sponsor submits a second VCS request with respect to the same plan while the first VCS request is being considered or during the 12 months after the first VCS compliance statement is issued.