Contract Payment Section

This section acts as financial consultant to contractors, contracting officers, program project officers and work assignment managers. Coordinates with the Office of Financial Management and Office (OFM) of Acquisition Management (OAM) regarding contract financial issues and policy development.

This section provides financial accounting and customer support services for all contract awards and vendor invoice payments. The Section processes approximately 1,000 award documents (funded and administrative) and 24,000 invoices annually. Each year approximately $1 billion is dispensed in contract payments. The Section is responsible for input, control, and reporting of contract data entered into the RTP-Finance Center's Contract Payment System (CPS), which interfaces nightly with the IFMS. Recent technological initiatives allows the Section to image all contractor invoices. Daily, monthly and annual statistic reports are in place to control and monitor workload and performance variances.

This section provides support for the Agency's accountability of its superfund program via:

cost distribution of invoice site charges
imaging of invoice and supporting payment documents into SCORPIOS
site-specific cost recovery documentation to regional offices

Contract Payment Section

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