Third Party Administrative Services

The Vendor is required to provide third party administrative services for include:
•    Invoice the plan for administrative fees for services rendered in accordance with the scope of work and provisions of this contract, and in compliance
•    The plan reserves the right to validate any invoice submitted for payment and shall have access to vendor’s or subcontractors’ supporting documentation necessary to validate the invoice.
•    Payment of the invoice by the plan does not constitute a waiver or otherwise prejudice the plan’s right to object to or question any invoice or matter in relation thereto.
- Claims and other disbursements
•    Claims and other disbursements for payment from the plan’s bank account on a weekly basis according to the disbursement schedule established by the plan.
•    Weekly reporting package of disbursements as required “finance and banking” no later than 9:30 a.m. ET on the first state business day of each week.
•    The plan reserves the right to validate any reporting package of disbursements submitted for funding and shall have access to vendor’s or subcontractors’ supporting documentation as necessary to validate the funding request.