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Overpayment and Recovery Audit Services
Due to the volume of vendor payments processed and the typical decentralized nature of payment processing in the State, inadvertent overpayments may occur within the state government agencies. Industry benchmarks indicate that these overpayments can range from a conservative estimate of .1%-.3% of applicable expenditures reviewed but as high as 2% of applicable expenditures. Since such an exercise has not been performed for the State.
