Medicare Financial Management Manual (Pub. 100-06), Ch. 1 § 250

The Notice of Budget Approval (NOBA) - (Rev. 1, 08-30-02)

Last amended: 2002Year: 2002Length: 267 wordsOfficial source
250 - The Notice of Budget Approval (NOBA) - (Rev. 1, 08-30-02) A1-1261, B1-4261 A NOBA is issued by CMS to notify contractors of approved amounts for PM and MIP administrative expenses for the FY, including the amount of funds certified to be available. Contractors are not authorized to incur expenses in excess of the total certified amount for PM or MIP. PM and MIP funding must not be co-mingled and this limitation, therefore, applies to each separately. In addition, the contractor shall refer to the BPRs and/or the contract/agreement for the authority to shift funds among PM or MIP functions. The first NOBA issued for a FY is given a supplemental number of "0". Subsequent NOBAs are numbered sequentially. Where agreement on a budget cannot be reached, CMS issues a NOBA for less than the full FY year pending completion of negotiations. These NOBAs are annotated as a partial approval in the "Remarks" section and numbered as above. CMS may issue NOBAs for less than a full FY when necessary. All dollar amounts will be rounded to the nearest hundred, hours to the nearest hour, and bills payment workload to the nearest hundred. The end of FY NOBA is not rounded. There are separate summary screens and certifications for PM activities and MIP activities. The NOBA displays information by function and activity. See §100 for definitions of functions and activities. For each function and activity, hours, total cost, and workload will be displayed. The hours, total cost, and workload shown for a function is the sum of the data input for the activities for that function.
Medicare Financial Management Manual (Pub. 100-06), Ch. 1 § 250: The Notice of Budget Approval (NOBA) - (Rev. 1, 08-30-02) | Justis AI