Common use of Audit of Ancillary Services Clause in Contracts

Audit of Ancillary Services. 51.5.1 The Suppliers may require the Pool Auditor to carry out audits, tests, checks or reviews in relation to the operation by the Ancillary Services Provider of the Ancillary Services Business as Suppliers may from time to time reasonably require (having regard, in particular, to the disruptive effect of the same on the business and operations of the Ancillary Services Provider). The terms of engagement for any such audit, test, check or review shall be made available to the Ancillary Services Provider. 51.5.2 The Suppliers shall not require more than two audits, tests, checks and reviews pursuant to Clause 51.5.1 in any Accounting Period. 51.5.3 On instructing the Pool Auditor pursuant to Clause 51.5.1, the Supplier(s) concerned may require the Pool Auditor:- (a) forthwith to report any material concerns with respect to matters the subject of the relevant audit, test, check or review; and (b) to make such recommendations as to changes in the procedures, controls and/or audit coverage of the Ancillary Services Business as the Pool Auditor considers appropriate. 51.5.4 The Ancillary Services Provider shall permit the Pool Auditor such access to its Ancillary Services' operations and all records, documents, data and other information (other than Excluded Information) held by the Ancillary Services Provider in the conduct of such operations in each case as the Pool Auditor may reasonably require and shall make available members of its staff to explain such operations and such other issues as the Pool Auditor considers relevant. The Pool Auditor shall not disclose and shall not be obliged to disclose to any Supplier details of prices paid to each Generator by the Ancillary Services Provider.

Audit of Ancillary Services. 51.5.1 The the Suppliers may require the Pool Auditor to carry out audits, tests, checks or reviews in relation to the operation by the Ancillary Services Provider of the Ancillary Services Business as Suppliers may from time to time reasonably require (having regard, in particular, to the disruptive effect of the same on the business and operations of the Ancillary Services Provider). The terms of engagement for any such audit, test, check or review shall be made available to the Ancillary Services Provider. 51.5.2 The Suppliers shall not require more than two audits, tests, checks and reviews pursuant to Clause 51.5.1 in any Accounting Period. 51.5.3 On instructing the Pool Auditor pursuant to Clause 51.5.1, the Supplier(s) concerned may require the Pool Auditor:- (a) forthwith to report any material concerns with respect to matters the subject of the relevant audit, test, check or review; and (b) to make such recommendations recommendation as to changes in the procedures, controls and/or audit coverage of the Ancillary Services Business as the Pool Auditor considers appropriate. 51.5.4 The Ancillary Services Provider shall permit the Pool Auditor such access to its Ancillary Services' operations and all records, documents, data and other information (other than Excluded Information) held by the Ancillary Services Provider in the conduct of such operations in each case as the Pool Auditor may reasonably require and shall make available members of its staff to explain such operations and such other issues as the Pool Auditor considers relevant. The Pool Auditor shall not disclose and shall not be obliged to disclose to any Supplier details of prices paid to each Generator by the Ancillary Services Provider.

Audit of Ancillary Services. 51.5.1 The Suppliers may require the Pool Auditor to carry out audits, tests, checks or reviews in relation to the operation by the Ancillary Services Provider of the Ancillary Services Business as Suppliers may from time to time reasonably require (having regard, in particular, to the disruptive effect of the same on o n the business and operations of the Ancillary Services Provider). The terms of engagement for any such audit, test, check or review shall be made available to the Ancillary Services Provider. 51.5.2 The Suppliers shall not require more than two audits, tests, checks and reviews pursuant to Clause 51.5.1 in any Accounting Period. 51.5.3 On instructing the Pool Auditor pursuant to Clause 51.5.1, the Supplier(s) concerned may require the Pool Auditor:-Auditor: (a) forthwith to report any material concerns with respect to matters the subject of the relevant audit, test, check or review; and (b) to make such recommendations as to changes in the procedures, controls and/or audit coverage of the Ancillary Services Business as the Pool Auditor considers appropriate. 51.5.4 The Ancillary Services Provider shall permit the Pool Auditor such access to its Ancillary Services' operations and all records, documents, data and other information (other than Excluded Information) held by the Ancillary Services Provider in the conduct of such operations in each case as the Pool Auditor may reasonably require and shall make available members of its staff to explain such operations and such other issues as the Pool Auditor considers relevant. The Pool Auditor shall not disclose and shall not be obliged to disclose to any Supplier details of prices paid to each Generator by the Ancillary Services Provider.