Recovery Audit Services | |||
Classification | Contract Type | Manager | Phone# |
Goods & Services | StateTerm | Michael S. Speakmon |
Description: |
These contracts are for third-party vendors to conduct recovery audits of payments made by all state agencies to vendors for goods and services. The audits must be designed to detect, document, and recover overpayments and erroneous payments made to vendors and to recommend improved financial and operational practices and procedures. Additionally, these contracts may be used at the UGUs discretion for ad-hoc analyses of contracts and pricing structures as determined and directed by the Executive Director of the State Fiscal Accountability Authority or her or his designee, to identify and recommend future cost-savings and improved state agency financial operations going forward. |
Recovery Audit Services |
Start Date: 10/24/2021 | End Date: 10/23/2026 |
Solicitation#: 5400021878 |
Triennial Recovery Audit
Under the South Carolina 2018-2019 Appropriations Act, Proviso 117.88 or its successor Proviso, state agencies are required to participate in recovery audits of payments made to vendors for goods and services more than one hundred eighty days prior to the date the audit is initiated. Every recovery audit covers at least three complete fiscal years of agency payments and must be designed to detect, document, and recover overpayments and erroneous payments to vendors and to recommend improved financial and operational practices and procedures. Each state agency shall participate in this recovery audit program and shall cooperate and provide the recovery audit firm with all information necessary for the audit in a timely manner. ALL VENDORS THAT PROVIDE GOODS OR SERVICES TO A STATE AGENCY SHALL COOPERATE WITH THE RECOVERY AUDIT FIRM IN ITS AUDIT. The term “vendor” or “vendors” includes, but is not limited to, sellers, suppliers, service providers, other providers, contractors, and third-party administrators. The term “overpayments and erroneous payments” includes, but is not limited to, overpayments, duplicate payments, erroneous payments, and rebates, discounts, and credits not received. |
Vendor: Recovery Analytics Solutions |
Contract#: 4400027091 |
Vendor#: 7000298583 |
Email: brussel@ras-dc.com |
Address: 6151 Lake Osprey Drive, Suite 300, Sarasota, FL 34240 |
Phone#: 2022552302 |
Maximum Recovery Fee: 20% |
Contact: Brenda Russell |
Phone#: (202) 255-2302 |
Email: brussell@ras-dc.com |
Vendor: American Utility Auditors LLC |
Contract#: 4400027090 |
Vendor#: 7000072414 |
Email: americanutilityauditors@yahoo.com |
Address: PO Box 1001, Lexington, SC 29071 |
Phone#: 8036650237 |
Maximum Recovery Fee: 20% |
Contact: Jim Barbee |
Phone#: (803) 665-0237 |
Email: americanutilityauditors@yahoo.com |