Common use of Administration of the Funding Clause in Contracts

Administration of the Funding. 30.1. The Administering Organisation must maintain reasonable, up-to-date and accurate records relating to the Funding and the Projects conducted with the Funding to verify its compliance with this Agreement. 30.2. Records maintained under this clause must be retained by the Administering Organisation for each Project for a period of no less than seven years after whichever is the later of: (a) the final payment of Funds by the ARC for the Project; or (b) the final approved carryover of Funds for the Project.

Appears in 2 contracts

Samples: Funding Agreement, Funding Agreement

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Administration of the Funding. 30.125.1. The Administering Organisation must maintain reasonable, up-to-date and accurate records relating to the Funding in general, and the Projects conducted with the Funding in particular, to verify its compliance with this Agreement. 30.225.2. Records maintained under this clause 25.1 must be retained by the Administering Organisation for each Project for a period of no less than seven years after whichever is the later of: (a) the final payment of Funds by the ARC for the Project; or (b) the final approved carryover of Funds for the Project.

Appears in 1 contract

Samples: Funding Agreement

Administration of the Funding. 30.129.1. The Administering Organisation must maintain reasonable, up-to-date and accurate records relating to the Funding and the Projects conducted with the Funding to verify its compliance with this Agreement. 30.229.2. Records maintained under this clause must be retained by the Administering Organisation for each Project for a period of no less than seven years after whichever is the later of: (a) the final payment of Funds by the ARC for the Project; or (b) the final approved carryover of Funds for the Project.

Appears in 1 contract

Samples: Funding Agreement

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Administration of the Funding. 30.127.1. The Administering Organisation must maintain reasonable, up-to-date and accurate records relating to the Funding and the Projects conducted with the Funding to verify its compliance with this Agreement. 30.227.2. Records maintained under this clause must be retained by the Administering Organisation for each Project for a period of no less than seven years after whichever is the later of: (a) the final payment of Funds by the ARC for the Project; or (b) the final approved carryover of Funds for the Project.

Appears in 1 contract

Samples: Grant Agreement

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