Common use of Internal Audit Clause in Contracts

Internal Audit. The Official Agency shall conduct internal audits on its official controls and other official activities related to this service contract and will ensure effective action is taken to address the results of these audits. These internal audits will be conducted in accordance with relevant guidelines issued by the European Commission. Such audits are to be carried out in a transparent manner and are subject to independent scrutiny as per Article 6 of Regulation (EU) 2017/625. The Official Agency shall provide the Authority with its annual internal audit programme(s), internal audit reports, corrective action plans and any other documentation related to its internal audit function that falls within the remit of this contract in a timely manner. Progress related to its internal audit activities will be reviewed at liaison meetings and normal communication channels with the Authority.