N.Y. Comp. Codes R. & Regs. tit. 21 § 1002.10

Current through Register Vol. 46, No. 25, June 18, 2024

Section 1002.10 - Government review of invoice

(a) The ROI date shall be determined in accordance with subdivision (b) of this section whenever a proper invoice must be examined by the Federal, State or a local government prior to payment or whenever payment of an invoice must be processed by an entity, including but not limited to a government agency or public authority that is not under the corporation's control.

(b) The ROI date shall be the original ROI date increased by a number of days equal to the number of days between the date that the corporation transmits the invoice to the Federal, State or local government for examination and the date that the corporation receives the approved invoice from the government entity following its review or the number of days between the date that the corporation submits the invoice for payment to an entity not under its control and the date on which that entity pays the invoice.

N.Y. Comp. Codes R. & Regs. Tit. 21 § 1002.10