Common use of Audit; Monitoring Clause in Contracts

Audit; Monitoring. City may audit the records and accounts of FIRST PARTY for the purpose of verifying expenditures by FIRST PARTY of funds provided hereunder or verifying statements or analyses made or provided by FIRST PARTY hereunder. FIRST PARTY shall respond to, and comply with, any audit exception made or taken by City relating to FIRST PARTY’s performance or failure to perform hereunder. FIRST PARTY shall pay City the full amount owing to City determined to be owing as a result of any such audit exception.

Appears in 7 contracts

Samples: Community Funding Agreement, Community Funding Agreement, Community Funding Agreement

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