Audit Rights and Requirements Sample Clauses

Audit Rights and Requirements. All payments whatsoever by the Owner to the Design-Builder and all Design-Build Work of the Design-Builder shall be subject to audit at any time by the Owner. Any audit of the Design-Builder’s costs of performing the Design- Build Work shall be subject to the provisions of subsection (A) of this Section. The Design- Builder shall produce the construction books and records required to be kept and maintained by the Design-Builder pursuant to subsection (A) of this Section for examination and copying by the Owner in connection with the payment of the Design-Build Price and with the costs of Change Orders, Uncontrollable Circumstance costs, or other costs in addition to the Design-Build Price under circumstances in which such costs are the responsibility of the Owner hereunder and are required to be Cost Substantiated pursuant to this Design-Build Agreement. Notwithstanding any of the foregoing, the Design-Builder shall produce all books and records required to be maintained pursuant to subsection (A) of this Section to the extent that such books and records pertain directly to contract performance if there is reasonable indication of fraud, gross abuse or corrupt practices. The provisions of this Section shall survive the termination of this Design- Build Agreement.
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Audit Rights and Requirements. 1) CONTRACTOR is responsible for obtaining and financing an independent audit in compliance with Federal and State rules and procedures. All governmental and non-profit organizations must follow the audit requirements of XXX Xxxxxxxx X-000 (00 XXX 97.26 and 29 CFR 95.26).
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Audit Rights and Requirements. To the extent provided in this Section, all payments whatsoever by SRWA to the Company and all Design-Build Work of the Company shall be subject to audit at any time by the State Auditor, SRWA and the Cities. The Company and its Subcontractors shall comply with State audit requirements and, to the extent that SRWA receives federal funding or uses tax-exempt financing for the Project, federal audit requirements. The Company shall produce the construction books and records required to be kept and maintained by the Company pursuant to subsection (A) for examination and copying by the State Auditor, SRWA or the Cities in connection with the costs of Change Orders, Unilateral Change Directives, Uncontrollable Circumstance costs, or other costs in addition to the Base Design-Build Price under circumstances in which such costs are the responsibility of SRWA hereunder and are required to be Cost Substantiated pursuant to this Contract. Except as otherwise required by Applicable Law, the Company shall not be required to produce such construction books and records with respect to costs incurred in connection with work performed on a fixed price, negotiated basis. Notwithstanding any of the foregoing, the Company shall produce all books and records required to be maintained pursuant to subsection (A) of this Section to the extent that such books and records pertain directly to Contract performance if there is reasonable indication of fraud or corrupt practices. The provisions of this Section shall survive the termination of this Contract. This Contract and all payments made hereunder shall be subject to audit in accordance with this Section for up to three years after final payment is made under this Contract.
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Related to Audit Rights and Requirements

  • Limits and Requirements A. Workers’ Compensation/Employer’s Liability Insurance The minimum limits of insurance are: Part One: Statutory Part Two: Each Accident $1,000,000 Disease – Policy Limit $1,000,000 Disease – Each Employee $1,000,000

  • Audit Rights The Recipient shall, at all reasonable times, provide the Director access to a right to inspect all sites and facilities involved in the Project and access to and a right to examine or audit any and all books, documents and records, financial or otherwise, relating to the Project or to ensure compliance with the provisions of this Agreement. The Recipient shall maintain all such books, documents and records for a period of three (3) years after the termination of this Agreement, and such shall be kept in a common file to facilitate audits and inspections. All disbursements made pursuant to the terms of this Agreement shall be subject to all audit requirements applicable to State funds. The Recipient shall ensure that a copy of any final report of audit prepared in connection with and specific to the Project, regardless of whether the report was prepared during the pendency of the Project or following its completion, is provided to the Director within ten (10) days of the issuance of the report. The Recipient simultaneously shall provide the Director with its detailed responses to each and every negative or adverse finding pertaining to the Project and contained in the report. Such responses shall indicate what steps will be taken by the Recipient in remedying or otherwise satisfactorily resolving each problem identified by any such finding. If the Recipient fails to comply with the requirements of this Section or fails to institute steps designated to remedy or otherwise satisfactorily resolve problems identified by negative audit findings, the Director may bar the Recipient from receiving further financial assistance under Chapter 164 of the Revised Code until the Recipient so complies or until the Recipient satisfactorily resolves such findings.

  • Records Requirements Records of expenses pertaining to Additional Services and services performed on the basis of a Worker Wage Rate or Monthly Salary Rate shall be kept on the basis of generally accepted accounting principles and in accordance with cost accounting standards promulgated by the Federal Office of Management and Budget Cost Accounting Standards Board and shall be available for audit by Owner or Owner’s authorized representative on reasonable notice.

  • Records and Audit Rights To ensure that the Contractor and its subcontractors are complying with the warranty under Section 7 below, Contractor’s and its subcontractors’ books, records, correspondence, accounting procedures and practices, and any other supporting evidence relating to this Agreement, including the papers of any Contractor and its subcontractors’ employees who perform any work or services pursuant to this Agreement (all of the foregoing hereinafter referred to as “Records”), shall be open to inspection and subject to audit and/or reproduction during normal working hours by the City, to the extent necessary to adequately permit (i) evaluation and verification of any invoices, payments or claims based on Contractor’s and its subcontractors’ actual costs (including direct and indirect costs and overhead allocations) incurred, or units expended directly in the performance of work under this Agreement and (ii) evaluation of the Contractor’s and its subcontractors’ compliance with the Arizona employer sanctions laws referenced in Section 7 below. To the extent necessary for the City to audit Records as set forth in this Section, Contractor and its subcontractors hereby waive any rights to keep such Records confidential. For the purpose of evaluating or verifying such actual or claimed costs or units expended, the City shall have access to said Records, even if located at its subcontractors’ facilities, from the effective date of this Agreement for the duration of the work and until three years after the date of final payment by the City to Contractor pursuant to this Agreement. Contractor and its subcontractors shall provide the City with adequate and appropriate workspace so that the City can conduct audits in compliance with the provisions of this Section. The City shall give Contractor or its subcontractors reasonable advance notice of intended audits. Contractor shall require its subcontractors to comply with the provisions of this Section by insertion of the requirements hereof in any subcontract pursuant to this Agreement.

  • Terms and Requirements The Union and the Employer agree that it is in the best interest of all parties to resolve disputes at the earliest opportunity and at the lowest level. The Union and the Employer encourage problem resolution between employees and management and are committed to assisting in resolution of disputes as soon as possible. In the event a dispute is not resolved in an informal manner, this Article provides a formal process for problem resolution.

  • Access Requirements You will be responsible for providing the System to enable you to use an Electronic Service.

  • TITLE VI REQUIREMENTS H-GAC in accordance with the provisions of Title VI of the Civil Rights Act of 1964 (78 Xxxx. 000, 00 X.X.X. §§ 0000x to 2000d-4) and the Regulations, hereby notifies all bidders that it will affirmatively ensure that any disadvantaged business enterprises will be afforded full and fair opportunity to submit in response to this Agreement and will not be discriminated against on the grounds of race, color, or national origin in consideration for an award.

  • RETENTION AND ACCESS REQUIREMENTS FOR RECORDS ADOF shall retain all records pertinent to this agreement for a period of no less than 3 years from the expiration or termination date. As used in this provision, records includes books, documents, accounting procedures and practice, and other data, regardless of the type or format. ADOF shall provide access and the right to examine all records related to this agreement to the U.S. Forest Service Inspector General, or Comptroller General or their authorized representative. The rights of access in this section must not be limited to the required retention period but must last as long as the records are kept. If any litigation, claim, negotiation, audit, or other action involving the records has been started before the end of the 3-year period, the records must be kept until all issues are resolved, or until the end of the regular 3-year period, whichever is later. Records for nonexpendable property acquired in whole or in part, with Federal funds must be retained for 3 years after its final disposition.

  • Availability of Books and Records Business Associate agrees to make its internal practices, books and records relating to the use and disclosure of PHI received from Covered Entity, or created or received, maintained or transmitted on behalf of Covered Entity, available to the Secretary of the U.S. Department of Health and Human Services for purposes of determining the Covered Entity and Business Associate's compliance with the HIPAA Standards. Business Associate promptly shall provide to Covered Entity a copy of any documentation that Business Associate provides to the Secretary.

  • COMPLIANCE WITH OTHER APPLICABLE LAWS Compliance with the terms of this Agreement does not relieve the Respondent of any obligation to comply with any other applicable laws or regulations administered by, through or for RIDEM or any other governmental entity.

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