Financial Monitoring Clause Samples

Financial Monitoring. The CMHCC, with the cooperation of the University Providers and subcontractors, shall conduct monitoring activities designed to verify the accuracy of data included in financial reports provided to the CMHCC and to enforce the financial provisions of this Agreement. Such activities shall include, but not be limited to: 1. Provisions for the CMHCC to have access to a portion of the university internal auditor resources to assist the CMHCC in risk assessment, testing and expense verification activities. a. Minimum number of Internal Audit hours made available to the CMHCC by UTMB will be 500 hours per year. b. The minimum number of Internal Audit hours made available to the CMHCC by TTUHSC will be 200 hours per year. 2. Procedures for testing samples of expenditures to review and verify supporting documentation. 3. Provisions for CMHCC staff, internal auditors or agents of the CMHCC to access, test and validate transactions charged to the contracts. 4. Copies of all financial monitoring reports will be provided to the University Providers, TDCJ and the CMHCC.

Financial Monitoring. City staff shall monitor, review, and evaluate the financial procedures of the Non-profit subgrantee through documents submitted to the City and/or on-site monitoring. The Non- profit subgrantee shall provide and make available to the City such reports and records that will be necessary for a proper financial evaluation. The City will provide notice to the Non-profit subgrantee prior to on-site monitoring visits.

Financial Monitoring. In addition to its right under the Partner Agreement to appoint three engineers to assist with the LGJV’s Operations (as defined in the Partner Agreement), until the Working Capital Facility is repaid in full and Dowa has received the Priority Distribution, Dowa will have the right to designate one individual to be seconded to the LGJV for the purpose of monitoring the LGJV’s financial situation including, without limitation, accounting, tax and cashflow. Such individual will have full access to all information relating to LGJV’s Operations at both the mine site and the Chihuahua office. All costs associated with such individual’s secondment to the LGJV will be borne by the LGJV.

Financial Monitoring. LTF shall keep and maintain accurate financial records of its transactions and shall provide copies of the Annual Audited Accounts to the Council and at such other times as reasonably requested by the Council. LTF shall have appropriate financial procedures that will set out the administration and controls to ensure effective and transparent financial expenditure.

Financial Monitoring. City staff shall monitor, review, and evaluate the financial procedures of the Subrecipient through documents submitted to the City and on-site monitoring. The Subrecipient shall provide and make available to the City such reports and records that will be necessary for a proper financial evaluation. With reasonable notice being given to the Subrecipient, the City may schedule at least one on-site visit and other visits that may be needed during the course of this Agreement.

Financial Monitoring. The Friends shall maintain a proper set of financial accounts of its activities under the service, including how the monies paid under this agreement have been spent. It shall arrange for the audited accounts to be made available to Tower Hamlets within a reasonable period of request, and not less than annually as set out in section 4.4 of this agreement.

Financial Monitoring. The CMHCC, with the cooperation of the University Providers and subcontractors, shall conduct monitoring activities designed to verify the accuracy of data included in financial reports provided to the CMHCC and to enforce the financial provisions of this Agreement. Such activities shall include, but not be limited to: 1. Provisions for the CMHCC to have access to a portion of the university internal auditor resources to assist the CMHCC in risk assessment, testing and expense verification activities. a. Minimum number of audit hours made available to the CMHCC by UTMB will be 500 hours per year. b. The minimum number of audit hours made available to the CMHCC by TTUHSC will be 200 hours per year. 2. Procedures for testing samples of expenditures to review and verify supporting documentation. 3. Provisions for CMHCC staff, internal auditors or agents of the CMHCC to access, test and validate transactions charged to the contracts. 4. Summaries of all financial monitoring activities and copies of internal audit reports relating to the correctional health care program will be provided to the University Providers, TDCJ and the CMHCC as a part of the routine financial reports issued by the CMHCC.

Financial Monitoring. TJJD, with the cooperation of UTMB and subcontractors, shall conduct monitoring activities designed to verify the accuracy of data included in financial reports provided to TJJD and to enforce the financial provisions of this Agreement. Such activities shall include, but not be limited to: 1. TJJD will have access to up to 100 hours of UTMB internal auditor resources to assist the TJJD in risk assessment, testing and expense verification activities. Any clinical audit performed by the Texas Medical Foundation or State Auditor’s Office will count towards the 100 hours that UTMB must make available to TJJD. 2. Procedures for testing samples of expenditures to review and verify supporting documentation. 3. Provisions for TJJD staff, internal auditors or agents of TJJD to access, test and validate transactions charged to the Agreement. 4. Summaries of all financial monitoring activities and copies of internal audit reports relating to the correctional health care program will be provided to UTMB and TJJD as a part of the routine financial reports issued by TJJD.

Financial Monitoring. 7.1 Marketing Leeds shall keep and maintain accurate financial records of its transactions and shall provide copies of the annual audited accounts to the Council and provide financial information at such other times as reasonably requested by the Council. 7.2 The Council shall be entitled to withhold any or all of the Funds paid throughout the duration of this Agreement and/or to require re-payment of part or all of such Funds in the event of any of the following circumstances: 7.2.1 Marketing Leeds does not spend the full amount of such Funds; 7.2.2 Any of the information provided by Marketing Leeds in order to access the Funds is found to be substantially incorrect or incomplete. 7.2.3 Marketing Leeds is in breach of any term of this Agreement and has failed to remedy such breach within twenty eight days of receipt of notice of such breach from the Council. 7.3 The Council may suspend payment of the Funds if Marketing Leeds does not provide the Council with a copy of the Audited accounts within 1 month of publication. Recommencement of the payment of the Funds shall be dependent upon the Council’s approval at its sole discretion upon submission of the audited accounts. 7.4 The Funds shall only be used for the purposes of this Agreement. The Council may require repayment of all the Funds paid under this Agreement or such part thereof as the Council deems appropriate in its sole discretion should the Funds be used for purposes outside the scope of this Agreement.