Common use of AUDIT AND ACCESS Clause in Contracts

AUDIT AND ACCESS. (a) FCM reserves the right to undertake, at any time, at its expense, any audit of the records and accounts of the Recipient in relation to the Project. The Recipient agrees to ensure that prompt and timely corrective action is taken in response to any audit findings and recommendations conducted in accordance with this Agreement. The Recipient will submit to FCM in a timely manner, a report on follow-up actions taken to address recommendations and results of the audit.

Appears in 4 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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