312. PAYMENTS FOR VALUE RECEIVED

312 PAYMENTS FOR VALUE RECEIVED 312.1 The CCO shall take all reasonable action to prevent employees from making any unauthorized obligation to procure goods, services or construction. 312.2 The CCO may make a payment for value received under an unauthorized obligation if the CCO makes a written determination that: (a) the Authority has obtained a benefit from another party's performance pursuant to the unauthorized obligation; (b) the obligation is within the authority conferred on the CCO by these regulations; (c) the price to be obligated for performance is fair and reasonable; and (d) sufficient funds were available at the time of the unauthorized obligation and remain available. SOURCE: Final Rulemaking published at 44 DCR 4907, 4918 (August 22, 1997); and as amended by Final Rulemaking at 49 DCR 10814 (November 29, 2002).