Common use of Right to Inspect/Audit Clause in Contracts

Right to Inspect/Audit. 11. Each bidding document and contract financed from the proceeds of a Credit shall include a provision requiring bidders, suppliers, contractors and subcontractors to permit the Association, at its request, to inspect their accounts and records relating to the bid submission and performance of the contract and to have said accounts and records audited by auditors appointed by the Association. The deliberate and material violation by the bidder, supplier, contractor or subcontractor of such provision may amount to obstructive practice. License

Right to Inspect/Audit. 11. (xi) Each bidding document and contract financed from the proceeds of a Credit shall include a provision requiring bidders, suppliers, contractors and subcontractors to permit the Association, at its request, to inspect their accounts and records relating to the bid submission and performance of the contract and to have said accounts and records audited by auditors appointed by the Association. The deliberate and material violation by the bidder, supplier, contractor or subcontractor of such provision may amount to obstructive practice. License

Right to Inspect/Audit. 11. (xi) Each bidding document and contract financed from the proceeds of a Credit shall include a provision requiring bidders, suppliers, contractors and subcontractors to permit the Association, at its request, to inspect their accounts and records relating to the bid submission and performance of the contract and to have said accounts and records audited by auditors appointed by the Association. The deliberate and material violation by the bidder, supplier, contractor or subcontractor of such provision may amount to obstructive practice. License

Right to Inspect/Audit. 11. Each bidding document and contract financed from the proceeds of a Credit the Financing shall include a provision requiring bidders, suppliers, contractors and subcontractors to permit the Association, at its request, to inspect their accounts and records relating to the bid submission and performance of the contract and to have said accounts and records audited by auditors appointed by the Association. The deliberate and material violation by the a bidder, supplier, contractor or subcontractor of such provision may amount to obstructive practice. LicenseAPPENDIX

Right to Inspect/Audit. 11. Each bidding document and contract financed from the proceeds of a Credit the Financing shall include a provision requiring bidders, suppliers, contractors contractors, and subcontractors to permit the Association, at its request, to inspect their accounts and records relating to the bid submission and performance of the contract and to have said accounts and records audited by auditors appointed by the Association. The deliberate and material violation by the bidder, supplier, contractor contractor, or subcontractor of such provision may amount to obstructive practicepractices. License

Right to Inspect/Audit. 11. Each bidding document and contract financed from the proceeds of a Credit the Loan shall include a provision requiring bidders, suppliers, contractors contractors, and subcontractors to permit the AssociationBank, at its request, to inspect their accounts and records relating to the bid submission and performance of the contract and to have said accounts and records audited by auditors appointed by the AssociationBank. The deliberate and material violation by the bidder, supplier, contractor contractor, or subcontractor of such provision may amount to obstructive practicepractices. License

Right to Inspect/Audit. 11. Each bidding document and contract financed from the proceeds of a Credit the Financing shall include a provision requiring bidders, suppliers, contractors and subcontractors to permit the Association, at its request, to inspect their accounts and records relating to the bid submission and performance of the contract and to have said accounts and records audited by auditors appointed by the Association. The deliberate and material violation by the a bidder, supplier, contractor or subcontractor of such provision may amount to obstructive practice. License.