Transcription of CONTRACTOR INVOICE REVIEW AND APPROVAL PROCESS
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CONTRACTOR INVOICE REVIEW AND APPROVAL PROCESS
SECTION XVI. CONTRACTOR INVOICE REVIEW AND APPROVAL PROCESS For purposes of this Guidebook, the terms "voucher" and " INVOICE " are used interchangeably. A. PURPOSE The purpose of this document is to provide invoicing guidance and describe responsibilities, procedures, and instructions governing the REVIEW and APPROVAL of CONTRACTOR invoices by the Contracting Officer s Representative (COR) and Contracting Officer (CO). This guidance will help ensure that invoices are properly and consistently reviewed and analyzed in a standardized manner prior to making payments to contractors. An audit report issued in September 2012 by the Office of the Inspector General (OIG) found various inconsistencies and irregularities in the COR INVOICE REVIEW and APPROVAL PROCESS , in particular, so this guidance seeks to bring greater clarity and continuity to the invoicing REVIEW PROCESS .
Government of the contractor’s final invoice constitutes complete and final payment to the contractor, except for any funds held in reserve pending submission of the contractor’s signed Release of Claims. However, final invoices are typically forwarded to the Defense Contract Audit Agency (DCAA) for cost-reimbursement type
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