Common use of INSPECTIONS AND AUDIT BY THE BANK Clause in Contracts

INSPECTIONS AND AUDIT BY THE BANK. The Contractor shall require and make available its officers, directors, employees, agents, representatives and Subcontractors as well as the Subcontractor’s officers, directors, employees, agents or representatives with knowledge of the Contract to meet with and respond to questions from the Bank’s representatives and to provide to the Bank promptly any information or documents necessary for (i) the Bank’s investigation of allegations of Prohibited Practices, or (ii) the Bank’s monitoring and evaluation of the Contract and to enable the Bank to examine and address any project-related complaints made under the Independent Project Accountability Mechanism. The Contractor and its Subcontractors shall permit the Bank or persons appointed by the Bank to inspect the Site, as well as their assets, books, accounts, records, and other documents (on any media or in any format) relating to the procurement process, under which the Tender was submitted, or the Contract and to have such assets, books, accounts, records, and other documents audited by auditors appointed by the Bank, if required by the Bank. The Contractor and its Subcontractors shall maintain all books, documents, records and other documents related to the Contract in accordance with the Laws, but in any case for at least six years from the date of substantial performance of the Contract. The Contractor shall ensure that in any agreements with its Subcontractors concerning the execution of the Contract, provisions to the effect of this Sub-Clause are included.

INSPECTIONS AND AUDIT BY THE BANK. The Contractor shall require and make available its officers, directors, employees, agents, representatives and Subcontractors as well as the Subcontractor’s officers, directors, employees, agents or representatives with knowledge of the Contract to meet with and respond to questions from the Bank’s representatives and to provide to the Bank promptly any information or documents necessary for (i) the Bank’s investigation of allegations of Prohibited Practices, or (ii) the Bank’s monitoring and evaluation of the Contract and to enable the Bank to examine and address any project-related complaints made under the Independent Project Accountability Mechanism. The Contractor and its Subcontractors shall permit the Bank or persons appointed by the Bank to inspect the Site, as well as their assets, books, accounts, records, and other documents (on any media or in any format) relating to the procurement process, under which the Tender was submitted, or the Contract and to have such assets, books, accounts, records, and other documents audited by auditors appointed by the Bank, if required by the Bank. The Contractor and its Subcontractors shall maintain all books, documents, records and other documents related to the Contract in accordance with the Laws, but in any case for at least six years from the date of substantial performance of the Contract. The Contractor shall ensure that in any agreements with its Subcontractors concerning the execution of the Contract, provisions to the effect of this Sub-Clause clause are included.

INSPECTIONS AND AUDIT BY THE BANK. The Contractor Supplier shall require and make available its officers, directors, employees, agents, representatives and Subcontractors as well as the Subcontractor’s officers, directors, employees, agents or representatives with knowledge of the Contract to meet with and respond to questions from the Bank’s representatives and to provide to the Bank promptly any information or documents necessary for (ia) the Bank’s investigation of allegations of Prohibited Practices, or (iib) the Bank’s monitoring and evaluation of the Contract and to enable the Bank to examine and address any project-related complaints made under the Independent Project Accountability Mechanism. The Contractor Supplier and its Subcontractors shall permit the Bank or persons appointed by the Bank to inspect the Site, as well as their assets, books, accounts, records, and other documents (on any media or in any format) relating to the procurement process, under which the Tender was submitted, or the Contract and to have such assets, books, accounts, records, and other documents audited by auditors appointed by the Bank, if required by the Bank. The Contractor Supplier and its Subcontractors shall maintain all books, documents, records and other documents related to the Contract in accordance with the Laws, but in any case for at least six years from the date of substantial performance of the Contract. The Contractor Supplier shall ensure that in any agreements with its Subcontractors concerning the execution of the Contract, provisions to the effect of this Sub-Clause are included.

INSPECTIONS AND AUDIT BY THE BANK. The Contractor Consultant shall require and make available its officers, directors, employees, agents, representatives and Subcontractors as well as the Subcontractor’s officers, directors, employees, agents or representatives with knowledge of the Contract to meet with and respond to questions from the Bank’s representatives and to provide to the Bank promptly any information or documents necessary for (i) the Bank’s investigation of allegations of Prohibited Practices, or (ii) the Bank’s monitoring and evaluation of the Contract and to enable the Bank to examine and address any project-related complaints made under the Independent Project Accountability Mechanism. The Contractor Consultant and its Subcontractors shall permit the Bank or persons appointed by the Bank to inspect the Site, as well as their assets, books, accounts, records, and other documents (on any media or in any format) relating to the procurement process, under which the Tender was submitted, or the Contract and to have such assets, books, accounts, records, and other documents audited by auditors appointed by the Bank, if required by the Bank. The Contractor Consultant and its Subcontractors shall maintain all books, documents, records and other documents related to the Contract in accordance with the Laws, but in any case for at least six years from the date of substantial performance of the Contract. The Contractor Consultant shall ensure that in any agreements with its Subcontractors concerning the execution of the Contract, provisions to the effect of this Sub-Clause clause are included.