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 . However, the focus of this guidance is not to discuss the nuances of any NRC automated INVOICE APPROVAL system.
appropriate by the CO. Invoice reviews provide assurances that paid invoices included adequate rationale and support documentation for proper payment to occur. Major objectives of the invoice review process include, but are not limited to, determining whether: • supplies or products delivered and/or services performed met contract requirements.
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