DP’s RESPONSIBILITIES. DPS shall take such actions as it deems necessary to provide the oversight required of an authorizing body or fiscal agent under the Code. DPS may, at its discretion, periodically direct its office of internal audit, or other designee, to conduct a review of the records and/or operations of the PSA to determine compliance with all applicable regulations, terms and conditions of this Contract, the Code, and any other applicable laws, and regulations. Such actions may, but is not required to include one or more of the following: a probationary period and a corresponding corrective action plan, acceptable to DPS, the establishment of an Academy Dissolution Account as described and referenced in Section 14.07, and/or requirements for additional or more detailed or more frequent reports from the Academy. DPS may, at its discretion, designate agents or employees to enter the premises of the PSA during normal business hours or other agreed upon time, on a scheduled or unscheduled basis, to determine whether the PSA is operating in compliance with law and the terms of this Contract. The PSA agrees to cooperate with, and shall ensure that any ESP, contractors, agents or employees working at or for the PSA shall cooperate with the DPS in carrying out its responsibilities as an authorizing body or in furtherance of its rights under this Contract or applicable law.
Appears in 1 contract
Sources: Public School Academy Contract
DP’s RESPONSIBILITIES. DPS shall take such actions as it deems necessary to provide the oversight required of an authorizing body or fiscal agent under the Code. DPS may, at its discretion, periodically direct its office of internal audit, or other designee, to conduct a review of the records and/or operations of the PSA to determine compliance with all applicable regulations, terms and conditions of this Contract, the Code, and any other applicable laws, and regulations. Such actions may, but is are not required to include one or more of the following: a probationary period and a corresponding corrective action plan, acceptable to DPS, the establishment of an Academy Dissolution Account as described and referenced in Section 14.07, and/or requirements for additional or more detailed or more frequent reports from the Academy. DPS may, at its discretion, designate agents or employees to enter the premises of the PSA during normal business hours or other agreed upon time, on a scheduled or unscheduled basis, to determine whether the PSA is operating in compliance with law and the terms of this Contract. The PSA agrees to cooperate with, and shall ensure that any ESP, contractors, agents or employees working at or for the PSA shall cooperate with the DPS in carrying out its responsibilities as an authorizing body or in furtherance of its rights under this Contract or applicable law.
Appears in 1 contract
Sources: Public School Academy Contract