Common use of Right to Inspect/Audit Clause in Contracts

Right to Inspect/Audit. (xi) Each bidding document and contract financed from the proceeds of 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 bidder, supplier, contractor or subcontractor of such provision may amount to obstructive practice. APPENDIX

Appears in 2 contracts

Samples: Financing Agreement, Financing Agreement

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Right to Inspect/Audit. (xi) Each bidding document and contract financed from the proceeds of the Financing a Credit shall include a provision requiring bidders, suppliers, contractors and subcontractors to permit the Association World Bank, 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 AssociationWorld Bank. The deliberate and material violation by the bidder, supplier, contractor or subcontractor of such provision may amount to obstructive practice. APPENDIXLicense

Appears in 2 contracts

Samples: Grant Agreement, Global Environment Facility Grant Agreement

Right to Inspect/Audit. (xixii) Each bidding document and contract financed from the proceeds of the a Financing shall include a provision requiring bidders, suppliers, and 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 Conflict of such provision may amount to obstructive practice. APPENDIXInterest

Appears in 1 contract

Samples: Sol Financing Agreement

Right to Inspect/Audit. (xi) Each bidding document and contract financed from the proceeds of the Financing shall include a provision requiring bidders, suppliers, suppliers and contractors and subcontractors to permit the Association 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. APPENDIX

Appears in 1 contract

Samples: Financing Agreement

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Right to Inspect/Audit. (xixii) Each bidding document and contract financed from the proceeds of the Financing a Credit shall include a provision requiring bidders, suppliers, contractors and subcontractors to permit the Association 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. APPENDIX..

Appears in 1 contract

Samples: Development Credit Agreement

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