41 C.F.R. § 102-118.265   What is a prepayment audit?


Title 41 - Public Contracts and Property Management


Title 41: Public Contracts and Property Management
PART 102–118—TRANSPORTATION PAYMENT AND AUDIT
Subpart D—Prepayment Audits of Transportation Services
Agency Requirements for Prepayment Audits

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§ 102-118.265   What is a prepayment audit?

A prepayment audit is a review of a transportation service provider (TSP) bill that occurs prior to your agency making payment to a TSP. This review compares the charges on the bill against the charge permitted under the contract, rate tender, or other agreement under which the TSP provided the transportation and/or transportation related services.

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