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Round 1 2017 Competitive Bidding Advice from Mark Higley

Posted on in Education/Training

If you are bidding in the “Round 1 2017”, the Competitive Bidding Implementation Contractor (CBIC) must receive your hardcopy financial documents on or before November 16, 2015, in order for the documents to be eligible for a covered document review and for you to be notified of any missing financial documents. 

Don’t wait–send the required hardcopy financial documents TODAY! 

The covered document review process gives bidders the opportunity to be notified of missing required financial documents. VGM urges all members bidding in the program to take advantage of this process.

Under the covered document review process, the CBIC will notify suppliers of any missing financial documents. 

Important note:  The review process only determines if there are any missing financial documents. It does not indicate if the documents are acceptable, accurate, or meet applicable requirements.

You’ll be notified by e-mail along with a letter indicating any missing financial documents within 90 days of the CDRD. The notification e-mail will be sent to the bidder’s registered authorized official and back-up authorized official. In addition to the e-mail, suppliers who are missing a financial document will also be sent a letter indicating the missing financial document(s). Those suppliers will be required to submit only the indicated missing financial document(s) within 10 business days of the notification. After the bid window closes, bidders may only submit the requested financial documents identified as part of the CDRD process and cannot submit corrections to any other required documents.

Questions?  Contact Mark Higley at mark.higley@vgm.com or 888.224.1631 or read more at vgmncbservices.com.

Seminar Series 2016

Join Mark and his colleagues at an upcoming Seminar Series near you.  During the seminar, Mark will be presenting “Preparing for the Expansion of the Competitive Bidding Program to Rural America in 2016,” with specific information applicable to reimbursements in non-bid areas (and a map of the areas affected). Other topics include current audit issues, acquiring a bid contract, and an analysis as to where the industry is heading.  Click here or visit www.VGM.com/Seminar.

 

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