Common use of Audit and Monitoring Clause in Contracts

Audit and Monitoring. 31.1. The Administering Organisation is responsible for monitoring the expenditure of the Funding and certifying to the ARC that the Funding has been expended in accordance with this Agreement in the End of Year Report. If at any time, in the opinion of the Responsible Officer of the Administering Organisation, the Funding is not being expended in accordance with this Agreement, the Administering Organisation must take all action necessary to minimise further expenditure in relation to the Project and inform the ARC immediately by submitting a VFA request.

Appears in 2 contracts

Samples: Funding Agreement, Funding Agreement

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Audit and Monitoring. 31.1. 27.1 The Administering Organisation is responsible for monitoring the expenditure of the Funding for each Centre and certifying to the ARC that the Funding has been expended in accordance with this Agreement in the End of Year Report. If at any time, in the opinion of the Responsible Officer of the Administering OrganisationOfficer, the Funding is not being expended in accordance with this Agreement, the Administering Organisation must take all action necessary to minimise further expenditure in relation to the Project Centre and to inform the ARC immediately by submitting a VFA requestimmediately.

Appears in 2 contracts

Samples: Funding Agreement, Funding Agreement

Audit and Monitoring. 31.126.1. The Administering Organisation is responsible for monitoring the expenditure of the Funding and certifying to the ARC that the Funding has been expended in accordance with this Agreement in the End of Year Report. If at any time, in the opinion of the Responsible Officer of the Administering Organisation, the Funding is not being expended in accordance with this Agreement, the Administering Organisation must take all action necessary to minimise further expenditure in relation to the Project and inform the ARC immediately by submitting a VFA requestimmediately.

Appears in 1 contract

Samples: Funding Agreement

Audit and Monitoring. 31.130.1. The Administering Organisation is responsible for monitoring the expenditure of the Funding and certifying to the ARC that the Funding has been expended in accordance with this Agreement in the End of Year Report. If at any time, in the opinion of the Responsible Officer of the Administering Organisation, the Funding is not being expended in accordance with this Agreement, the Administering Organisation must take all action necessary to minimise further expenditure in relation to the Project and inform the ARC immediately by submitting a VFA request.

Appears in 1 contract

Samples: Funding Agreement

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Audit and Monitoring. 31.128.1. The Administering Organisation is responsible for monitoring the expenditure of the Funding and certifying to the ARC that the Funding has been expended in accordance with this Agreement in the End of Year Report. If at any time, in the opinion of the Responsible Officer of the Administering Organisation, the Funding is not being expended in accordance with this Agreement, the Administering Organisation must take all action necessary to minimise further expenditure in relation to the Project and inform the ARC immediately by submitting a VFA requestimmediately.

Appears in 1 contract

Samples: Grant Agreement

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