Audit Resolution Sample Clauses
The Audit Resolution clause outlines the process for addressing and resolving issues identified during an audit of a party’s records or activities under the agreement. Typically, this clause specifies the steps both parties must take to review audit findings, discuss discrepancies, and agree on any necessary corrections or payments, such as adjustments to fees or reimbursements. Its core practical function is to provide a clear, structured method for settling disputes or errors uncovered by audits, thereby minimizing prolonged disagreements and ensuring compliance with the contract’s terms.
Audit Resolution. If necessary, the Contractor and ▇▇▇▇▇ ▇▇▇▇ will meet to review any audit report promptly after its issuance. The Contractor must respond to each report in writing within 30 days after receiving the report, unless the report specifies a shorter response time. The Contractor and ▇▇▇▇▇ ▇▇▇▇ must develop, agree upon, and monitor an action plan to promptly address and resolve any deficiencies, concerns, or recommendations in the report.
Audit Resolution. Within 30 days of issuance of the audit report, the entity must submit to its County supervising department a corrective action plan consistent with 2 CFR § 200.511(c) to address each audit finding included in the current year auditor’s report. Questioned costs and disallowed costs must be resolved according to procedures established by the County in the Contract Administration Manual. The County supervising department will follow up on the implementation of the corrective action plan as it pertains to County programs.
Audit Resolution. If necessary, the Contractor and Westwood will meet to review any audit report promptly after its issuance. The Contractor must respond to each report in writing within thirty (30) days after receiving the report, unless the report specifies a shorter response time. The Contractor and Westwood must develop, agree upon, and monitor an action plan to promptly address and resolve any deficiencies, concerns, or recommendations in the report.
Audit Resolution. If necessary, the Contractor and Huron Valley Schools will meet to review any audit report promptly after its issuance. The Contractor must respond to each report in writing within 30 days after receiving the report, unless the report specifies a shorter response time. The Contractor and Huron Valley Schools must develop, agree upon, and monitor an action plan to promptly address and resolve any deficiencies, concerns, or recommendations in the report.
Audit Resolution. Service Provider agrees to be subject to audit resolution procedures established by CareerSource Tampa Bay, the State of Florida, or the Federal Government and to cooperate with CareerSource Tampa Bay in the event resolution cannot be achieved at CareerSource Tampa Bay’ level.
Audit Resolution. Service Provider agrees to be subject to audit resolution procedures established by CareerSource Pinellas, the State of Florida, and/or the Federal Government and to cooperate with CareerSource Pinellas in the event resolution cannot be achieved at CareerSource Pinellas’ level.
Audit Resolution. As provided in paragraph 11, the cognizant agency shall be responsible for monitory the resolution of audit findings that affect the programs of more than one Federal agency. Resolution of findings that relate to the programs of a single Federal agency will be the responsibility of the recipient and that agency. Alternate arrangements may be made on a case-by-case basis by agreement among the agencies concerned. Resolution shall be made within six months after receipt of the report by the Federal departments and agencies. Corrective action should proceed as rapidly as possible.
Audit Resolution a. <<Subcontractor Short Name>> shall follow a systematic method to assure timely and appropriate resolution of audit findings and recommendations.
b. <<Subcontractor Short Name>> shall promptly resolve any irregularities in its audit.