Servicing Contractor

30.1 - Servicing Contractor (Rev. 128; Issued: 07-13-07; Effective: 10-01-06; Implementation: 08-13-07) The servicing contractor shall accrue the costs involved and submit a monthly invoice to the receiving contractor. It shall submit invoices promptly to permit the receiving contractor to submit its IER on a timely basis. It shall include adjustments to previous invoices in subsequent invoices. The servicing contractor must have adequate documentation by cost category to support the invoice amount. It shall not include these costs in its cost reports.