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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 41 - Public Contracts and Property Management |
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Subtitle C - Federal Property Management Regulations System |
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Chapter 102 - Federal Management Regulation |
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SubChapter D - Transportation |
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Part 102-118 - Transportation Payment and Audit |
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Subpart D - Prepayment Audit of Transportation Services |
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Agency Requirements for a Transportation Prepayment Audit Program |
§ 102-118.265 - What is a prepayment audit?
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§ 102-118.265 What is a prepayment audit?
Prepayment audit means a review of transportation documentation before payment to determine their validity, propriety, and conformity of rates with tariffs, quotations, agreements, contracts, or tenders. Prepayment auditing by your agency will detect and eliminate billing errors before payment (31 U.S.C. 3726).