Audits Reviews Sample Clauses
The "Audits; Reviews" clause grants one party the right to examine and evaluate the records, operations, or compliance of the other party, typically to ensure adherence to contractual obligations. In practice, this may involve scheduled or unscheduled inspections of financial documents, operational processes, or data security measures, often with advance notice and within specified timeframes. The core function of this clause is to provide transparency and accountability, helping to detect and prevent breaches, mismanagement, or fraud.
Audits Reviews. On an annual basis, no more frequently than every 12 months, upon 30 days prior written notice, City shall have the right to conduct an independent audit or review of Grantee's records reasonably related to the administration or enforcement of this agreement, in accordance with generally accepted accounting principles. For purposes of this section, records reasonably related to the administration and enforcement of this agreement include those financial records pertaining to the number and location of cable customers within City=s Urban Growth Boundary. The City may hire an independent certified public accountant to audit or review the Grantee's financial records, in which case the Grantee shall provide all necessary records to the certified public accountant. All such records shall be made available in the local offices of the Grantee. If the audit or review shows that Franchise fees have been underpaid by 3% or more, Grantee shall reimburse to City the total cost of the audit or review
3.6.1. Source documents, which demonstrate the original or beginning amount, and the final amount shown on any report related to or included in the determination of franchise fees, revenues or expenses.
3.6.2. Source documents that completely explain any and all calculations related to any allocation of any amounts involving franchise fees, revenues, or expenses.
3.6.3. Any and all accounting schedules, statements, and any other form of representation, which relate to, account for, or support or correlate to any accounts involving franchise fees, revenues or expenses.
Audits Reviews. The Agency shall be subject to and cooperate with an annual compliance review for non-Medicaid treatment services conducted by representatives of the Board. The review may consist of tests that verify compliance with any clause in this agreement, including determining priority clients, review of client records, compliance with assurance statements, housing referrals, and billing accuracy. The Board shall provide written notice of the review up to 30 days prior to the review. Notification of the client records to be reviewed will be provided to the Agency not more than 48 hours prior to the review. The Board shall notify the Agency of review findings no later than 30 days after completion of the review. The Board may initiate the reversal of funds for ineligible claim findings identified in the review not sooner than 30 days after the Agency is notified of the review findings. Ineligible findings shall include duplicated claims, improperly documented service claims, services provided by an ineligible provider, or services that do not meet the service standards as described in the Ohio Administrative Code (OAC). The Agency shall be responsible for responding to any findings as described in the compliance review report including a Corrective Action Plan, if requested by the Board, within 30 days of the request.
Audits Reviews. Revisions 6.1 We agree to make available all information relevant to this partnership to partners as necessary 6.2 We agree to review the partnership every … months 6.3 An independent audit of the financial arrangements of the partnership (and any projects resulting from the partnership) will be undertaken on an annual basis, in the event that money is allocated by platform members to the platform facilitator or implementing partner 6.4 We agree to make adjustments to the partnership (including re-writing this agreement) should either a review or an audit indicate that this is necessary for the partnership to achieve its objectives 7.0 Caveats 7.1 This agreement does not permit the use of copyright materials (including logos) or the dissemination of confidential information to any third party without the written permission of the partner(s) concerned 7.2 This agreement does not bind partner organizations or their staff / officers to any financial or other liability without further formal documentation 8.0 Duration 8.1 This MOU is at-will and may be modified by mutual consent of authorized officials from (list partners).
Audits Reviews. A. The County shall submit an annual independent audit report to the Department. Unless waived by the Department, the sub-recipient (auditee) shall submit an annual audit to the Department if the total amount of annual funding provided by the Department (from any and all of its Divisions taken collectively) for all contracts is $25,000 or more. In determining the amount of annual funding provided by the Department, the sub-recipient shall consider both: (1) funds provided through direct contracts with the Department; and (2) funds from the Department, passed through another agency that has one or more contracts with the sub-recipient.
Audits Reviews