Common use of Third Party Audit Clause in Contracts

Third Party Audit. If the designated Central Valley Water Board contact obtains information that causes the representative to reasonably believe that the Discharger has not expended money in the amounts claimed, or has not adequately completed any of the work in the SEP, the designated Central Valley Water Board contact may require, and the Discharger shall submit, at its sole cost, a report prepared by an independent third party (or parties), stating that in its professional opinion, the Discharger has or has not expended money in the amounts claimed. In the event of such an audit, the Discharger agrees that they will provide the third-party auditor with access to all documents which the auditor requests. Such information shall be provided to the designated Central Valley Water Board contact within three months of the completion of the Discharger’s SEP obligations. The audit need not address any costs incurred by the Central Valley Water Board for oversight.

Third Party Audit. If the designated Central Valley Water Board contact obtains information that causes the representative to reasonably believe that the Discharger has not expended money in the amounts claimed, or has not adequately completed any of the work in the SEPECA, the designated Central Valley Water Board contact may require, and the Discharger shall submit, at its sole cost, a report prepared by an independent third party (or partiesparty(ies), stating that in its professional opinion, the Discharger has or has not expended money in the amounts claimed. The Discharger, with the Central Valley Water Board’s approval, shall choose the independent third- party auditor. In the event of such an audit, the Discharger agrees that they will provide the third-party auditor with access to all documents which the auditor requests. Such information shall also be provided to the designated Central Valley Water Board contact within three months of the completion of the Discharger’s SEP obligationscontact. The audit need not address any costs incurred by the Central Valley Water Board for oversight.