Audit and Records Retention. Vendor shall permit and cooperate in good faith in any audits by the Board, including its Department of Procurement, or its agents for compliance by the Vendor with this Agreement. Vendor shall furnish the Board with such information, supporting documentation and reports as may be requested relative to the progress, execution and costs of the Services and compliance with applicable MBE/WBE requirements. Specifically, Vendor shall tender payroll records to the Board within five (5) business days of receiving a request from the Board for such records, in order for the Board to audit and confirm that wages were properly rendered in accordance with the Agreement. Failure of the Vendor to comply in full and cooperate with the requests of the Board or its agents shall give the Board, in addition to all other rights and remedies hereunder, the right to charge the Vendor for the cost of such audit. Vendor shall maintain all records related to the Agreement. As used in this Section, “records” shall include all correspondence, receipts, vouchers, memoranda and other data, regardless of type or medium (including emails or other electronically stored data) relating to the Agreement and Vendor’s performance of Services. All records referenced above shall be retained for at least five (5) years after the termination or expiration of the Agreement and shall be subject to inspection and audit by the Board, subject to modification by the terms of the Agreement. If any audit, litigation, or other action involving the records is being conducted or has not been resolved, all applicable records must be retained until the proceeding is closed. Vendor shall require all of its subcontractors to maintain the above-described records and allow the Board the same right to inspect and audit said records as set forth herein.
Audit and Records Retention. The Contractor/Supplier shall maintain, at its cost, complete and accurate records of the Goods/Services provided for the University and all Fees charged to the University, for a period of two (2) years after provision of the Goods/Services or early termination of this Agreement. During the Term, the University and any person designated by the University shall have access to the Contractor's/Supplier’s records and documentation relating to the Goods/ Services, at all reasonable times, for the purpose of auditing and verifying the performance and cost of the Goods/Services.
Audit and Records Retention. 11.1 No more than once annually the Supplier shall complete and return to Subscriber a Subscriber audit survey within 30 days of receipt of such audit survey from Subscriber.
11.2 Any findings made as a result of the audit survey completed by Supplier under this paragraph 11 will be addressed in a mutually agreed upon remediation plan and the Supplier shall complete and comply with such remediation plan within a mutually agreeable timeframe set forth therein. Failure to correct or remediate findings shall be considered a material breach of this Agreement.
11.3 If Subscriber elects to exercise any of its audit and inspection rights it holds in relation to the records and practices of such sub-processors, the Supplier shall cooperate with Subscriber in procuring the compliance of its sub-processors, including procuring that its sub-processors complete a Subscriber audit survey.
11.4 At least annually, the Supplier shall perform a risk analysis regarding the Supplier’s systems which contain any Subscriber Data. The Supplier shall generate an audit report containing this risk analysis and send it to Subscriber for review.
11.5 The Supplier shall complete an annual attestation to certify all Subscriber Data and its licensee customers, end users, and authorized participants, is appropriately protected from improper disclosure or from unwanted intrusion and otherwise reflect its commitment and adherence to the provisions of this Data Protection and Security Schedule.
11.6 As soon as it is reasonably available, but no less frequently than once each year and from time to time upon Subscriber’s request, the Supplier shall provide Subscriber a copy of its hosting and other sub-processors' most recent certified report, which for the avoidance of doubt include an ISAE3402 (SOC1) report, AIT 101 SOC 2 report or equivalently certified third party audit report which include trust principles of privacy, security, confidentiality and availability. The report shall address the internal control environment with respect to any services performed by the Supplier for Subscriber and the Supplier's processing of Subscriber Data. The Supplier shall update this report at least once each year.
11.7 Within thirty (30) days of Subscriber's receipt of an assessment or audit report, the Supplier shall provide Subscriber with a written report outlining the corrective actions that the Supplier has implemented or proposes to implement with the schedule and status of each corrective action.
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Audit and Records Retention. 85 18.16 Successors and Assigns. ................................................................................ 86 18.17 Financial Assurances. .................................................................................... 86 18.18
Audit and Records Retention. Vendor shall permit and cooperate in good faith in any audits by the Board, including its Department of Procurement or its agents, for compliance by the Vendor with the Agreement. Vendor shall furnish the Board with such information, supporting documentation and reports as may be requested relative to the progress, execution, delivery and costs of the Services and compliance with applicable MBE/WBE requirements. Failure of the Vendor to comply in full and cooperate with the requests of the Board or its agents shall give the Board, in addition to all other rights and remedies hereunder, the right to charge Vendor for the cost of such audit. Vendor shall maintain all records related to the Agreement. As used in this Section, “records” shall include all correspondence, receipts, vouchers, memoranda and other data, regardless of type or medium (including emails or other electronically stored data) relating to the Agreement and Vendor’s performance of Services. Specifically, a complete record of all communications between the Board’s students and Vendor’s employees, agents, and subcontractors, including but not limited to text messages, chat dialogue, email communications, and recorded voice communications, must be retained. All records shall be retained for the life of the Agreement and through any Transition period. Vendor shall transfer all records and data to the Board generated in the course of performing services within thirty (30) calendar days of expiration or termination of the Agreement. Confidential Information shall be returned to the Board in a secured, consumable format as directed by the Board, such as .csv or SQL file. Upon return of all Confidential Information, Vendor shall provide an affidavit attesting to destruction of all copies in Vendor’s possession. All records and data generated pursuant to the Agreement shall be subject to inspection and audit by the Board during the life of the Agreement. If any audit, litigation, or other action involving the records is being conducted or has not been resolved, all applicable records must be retained until the proceeding is closed. Vendor shall require all of its subcontractors to maintain the above-described records and allow the Board the same right to inspect and audit said records as set forth herein.
Audit and Records Retention. The Charter School shall permit and cooperate in good faith in any audits by the Board or its agents for compliance by the Charter School with this Agreement. Failure of the Charter School to comply in full and cooperate with the requests of the Board or its agents shall give the Board the right to charge the Charter School for the cost of such audit. The Charter School shall maintain all records showing the time expended and costs incurred in operating the Charter School. All records referenced above and all records required to be retained as part of operating the Charter School shall be retained for five (5) years after the revocation, termination or expiration of this Agreement and such records shall be subject to inspection and audit by the Board. If any audit, litigation or other action involving the records is being conducted or has not been resolved, all applicable records must be retained until the proceeding is closed. As used in this clause “records” includes correspondence (including emails), receipts, vouchers, memoranda and other data, regardless of type and regardless of whether such items are in written form, electronic, digital, or in any other form. The Charter School shall include in all subcontractor agreements provisions requiring subcontractors to retain the above-described records and allow the Board, the Inspector General of the Board, and their duly authorized agents the same right to inspect and audit said records as set forth herein.
Audit and Records Retention. (a) The Recipient shall maintain accurate records of all costs incurred in the performance of this Agreement and shall make such records available upon request to representatives of NPRB or the federal funding agency to verify the validity and eligibility of expenses reimbursed under this Agreement. Financial records, supporting documents, and other records pertaining to this Agreement shall be retained and kept available by the Recipient for a period of 3 years from the termination date of this Agreement or, if under audit, for as long as is required to resolve.
(b) The Recipient agrees to comply with the requirements of OMB Uniform Guidance: Cost Principles, Audit, and Administrative Requirements for Federal Awards, Subpart F – Audit Requirements and will provide NPRB with copies of all audit reports regardless of results. In case of noncompliance, the Recipient shall provide copies of responses to auditor’s reports and a plan for corrective action.
Audit and Records Retention. (a) The Transmission Administrator shall have the right, exercisable upon reasonable prior notice to the Generating Facility Owner to audit or examine the books, records (including, but not limited to, operations records, maintenance records, and maintenance plans), Metering Equipment and metering status indication devices of the Generating Facility Owner as they relate to the Facility at the Transmission Administrator’s sole cost and expense, to verify the accuracy of any information, data, notice, claim, demand, charge, payment, cost, expense or computation reported, gathered, collected, made or incurred by the Generating Facility Owner, or the performance of the covenants and obligations by the Generating Facility Owner under and pursuant to the Agreement. It is understood that reasonable prior notice will be reduced in the event that an audit is part of the Transmission Administrator’s assessment of a Recovery Plan.
(b) The Transmission Administrator shall have the right to audit any claim by the Generating Facility Owner pursuant to Section 11.1(d) for direct incremental costs incurred due to a postponement by the Transmission Administrator of scheduled repairs, maintenance or testing.
Audit and Records Retention. (a) Upon request by Company during the period in which this Agreement is in effect, and for a period of [*****] thereafter, Company, or a third-party designated by Company for this purpose, may examine, inspect, or copy any or all of Contractor’s, and those of its parent and any Affiliate, books, records, and documents [*****] this Agreement, in whatever form maintained, including Project-related records, including correspondence, reports, estimates, estimating worksheets, change order files, memoranda, schedules, procurement files, Subcontractor or Vendor files, electronic files or any other documents relating to the design and construction of the Project and all services performed by Contractor, accounting or compliance records, and any supporting documentation (such as records of Contractor’s business development and entertainment activities relating to Company) (collectively, “Contractor Records”).
(1) Company has the right to conduct an audit of Contractor for adherence to the terms of the [*****] not more than [*****] per [*****]; or more often upon notification or reasonable belief by Company of any [*****] as described in the policy, or as required to comply with regulatory requirements. Company also has the right to audit any Contractor third-party contractor/service provider upon notification of any [*****] involving the third-party contractor/service provider. Contractor will cooperate with any audit and require the cooperation of any third-party contractor/service provider.
(b) Contractor shall also promptly notify Company of any Service Organization Control (“SOC”) 2 Type II audit or Statement on Standards for Attestation Engagements (“SAES”) audit conducted within [*****] prior to the date of the relevant Purchase Order through the completion or termination of the Purchase Order. Company encourages all contractors to share the results of industry standard third-party audit reports (e.g., SOC 2 Type II audits or SSAE 16 audits) in a timely manner. 18.16
Audit and Records Retention. (a) Upon request by Company during the period in which this Agreement is in effect, and for a period of [*****] thereafter, Company, or a third-party designated by Company for this purpose, may examine, inspect, or copy any or all of Contractor’s, and those of its parent and any Affiliate, books, records, and documents [*****] this Agreement, in whatever form maintained, including Project-related records, including correspondence, reports, estimates, estimating worksheets, change order files, memoranda, schedules, procurement files, Subcontractor or Vendor files, electronic files or any other documents relating to the design and construction of the Project and all services performed by Contractor, accounting or compliance records, and any supporting documentation (such as records of Contractor’s business development and entertainment activities relating to Company) (collectively, “Contractor Records”). Contractor’s Records shall not include any information the Company considers proprietary or confidential or internal work product of the Company which may include internal correspondence and draft reports. Contractor will keep proper financial and accounting records necessary to substantiate the costs of performance and all charges by Contractor, including Work related to any changes in the Work or Changes Orders, in accordance with generally accepted accounting practices consistently applied, and will maintain its other Contractor Records so as to capture and preserve relevant information about Contractor’s performance of the Work and all other obligations under this Agreement. Contractor shall include these requirements in its agreements with its Subcontractors and shall require its Subcontractors to make their records available for inspection and copying by Company on the same terms as provided herein and ensure that this Section 18.15 flows down to Subcontractors of every tier. Upon [*****] prior notice from Company, Contractor will allow Company and its designated representative(s) access to Contractor Records during normal business hours so Company can audit the Contractor Records. In the event an audit discloses any material discrepancy in the amounts invoiced to Company from those due, Contractor shall promptly refund any overpayment and reimburse Company for all costs associated with the audit. Company may exercise its right to audit, inspect and copy records to confirm that Contractor has charged Company costs and submitted requests for payment in ...
