SECTION 49.414. Financial Review

Latest version.

(a) HHSC may conduct a financial review, including an audit, of a contractor at any time. The review is conducted on-site or by a desk review.
(b) To conduct a financial review, HHSC.
(1) conducts an entrance conference with the contractor; and
(2) performs other activities, which may include:
(A) reviewing the contractor's records;
(B) reviewing the contractor's policies and procedures; or
(C) interviewing a person with knowledge relevant to the contract.
(c) If, based on a financial review, HHSC determines that the contractor is out of compliance with the contract, HHSC may impose an action or sanction in accordance with Subchapter E of this chapter (relating to Enforcement by HHSC and Termination by Contractor).

Source Note: The provisions of this §49.414 adopted to be effective September 1, 2014, 39 TexReg 6637; amended to be effective September 1, 2018, 43 TexReg 5230

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');