Mandatorv Reoorting Clause Samples

Mandatorv Reoorting. UTC, for itself and on behalf of its majority-owned or controlled subsidiaries (each a "UTC Company"), hereby commits to provide a copy of all mandatory disclosures required by FAR 52.203-13(b)(3), when such disclosures identify an actual or potential financial impact in excess of $50,000 to U.S. Government contracts (including first-tier subcontracts thereunder), to the Army SDO and to the SDO of the federal agency or department having the largest total dollar value of contracts with the disclosing UTC Company during the preceding calendar year. In addition, UTC commits, for the duration of this Agreement, to report to the Army on no less than a quarterly basis the types of matters listed below if known to UTC's Vice President, Global Compliance, through the processes set forth in Section C.l of this Agreement or otherwise: (A) U.S. federal or state criminal investigations in which UTC has been informed either that a UTC Company is a target or subject of such an investigation, or that an employee of a UTC Company is a target or subject of the investigation where it relates to allegations of fraud or corrupt practices; (B) Formal criminal proceedings initiated against a UTC Company, and formal criminal proceedings initiated against a UTC employee or first-tier subcontractor relating to allegations of fraud or corrupt practices, by the filing of a charging instrument in a court of law by any U.S. federal, U.S. state, or foreign government, and any subsequent felony convictions of, or deferred prosecution agreements entered into by, a UTC Company or any such UTC employee or first-tier subcontractor related thereto; (C) Civil litigation filed by the U.S. federal government (including under the federal False Claims Act), U.S. state government, or foreign government against a UTC Company or any UTC employee related to allegations of fraud or corrupt practices; (D) U.S. federal administrative proceedings bearing on a UTC Company's present responsibility to contract with the U.S. government pursuant to FAR Subpart 9.4; and (E) Quarterly updates on the status of matters reported under (A)-(D) of this Section C.2(c)(i).