Common use of Contractor Audits Clause in Contracts

Contractor Audits. 12.1 If the Contractor is subject to OMB circular A-133 requirements, the Contractor shall obtain an independent audit by a certified public accountant which encompasses the grant period, and funds under this Agreement, within nine months after the end of the Term of this Agreement and shall provide the Agency with a copy of such audit within ten (10) calendar days after such audit report is received by the Contractor. 12.2 If the Contractor is not subject to OMB circular A-133 requirements, but nonetheless obtains an annual agency audit which covers any part of the grant period (and/or funds under this Agreement), the Contractor shall submit a copy of such audit to the Agency within ten (10) calendar days after the audit report(s) is/are received by the Contractor. 12.3 The Contractor agrees that such audit will be engaged and performed in accord with all State and Federal regulations governing audits of the funds paid under this Agreement and in accordance with all appropriate accountancy standards. 12.4 In the event an audit discloses a discrepancy, the Contractor shall respond in writing to the Agency, within ten (10) calendar days of a written receipt of any audit findings pertaining to the Contractor's Alzheimer’s Respite Service(s), with a plan to resolve said findings. If said response is not received by the Agency within the said ten (10) calendar days, the Agency may suspend payments to Contractor until corrective action acceptable to the Agency is implemented or the Agency may take other action. 12.5 The Contractor agrees to reimburse the Agency any funds paid under this Agreement which are found in the course of an audit to have been improperly or illegally used.

Contractor Audits. 12.1 13.1 If the Contractor is subject to OMB circular A-133 requirements, requirements the Contractor shall obtain an independent audit by a certified public accountant which encompasses the grant period, period and funds under this Agreement, Agreement within nine months after the end of the Term of this Agreement and shall provide the Agency with a copy of such audit within ten (10) calendar days after such an audit report is received by the Contractor. 12.2 13.2 If the Contractor is not subject to OMB circular A-133 requirements, but nonetheless obtains an annual agency audit which covers any part of the grant period (and/or or funds under this Agreement), the Contractor shall submit a copy of such audit to the Agency agency within ten (10) calendar days after the an audit report(s) is/are report is received by the Contractor. 12.3 13.3 The Contractor agrees that such audit will be engaged and performed in accord with all State and Federal regulations governing audits of the funds paid under this Agreement and in accordance with all appropriate accountancy standardsAgreement. 12.4 13.4 In the event an audit discloses a discrepancy, discrepancy the Contractor shall respond in writing to the Agency, within ten (10) calendar days of a written receipt of any audit findings pertaining to the Contractor's Alzheimer’s Respite Service(s), with a plan to resolve said findings. If said response is not received by the Agency within the said ten (10) calendar days, the Agency may suspend payments to Contractor until corrective action acceptable to the Agency is implemented or the Agency may take other action. 12.5 13.5 The Contractor agrees to reimburse the Agency any funds paid under this Agreement which are found in the course of an audit to have been improperly or illegally used.

Contractor Audits. 12.1 15.1 If the Contractor is subject to OMB circular A-133 requirements, requirements the Contractor shall obtain an independent audit by a certified public accountant which encompasses the grant period, period and funds under this Agreement, Agreement within nine months after the end of the Term of this Agreement and shall provide the Agency with a copy of the such audit within ten (10) calendar days after such an audit report is received by the Contractor. 12.2 15.2 If the Contractor is not subject to OMB circular A-133 requirements, but nonetheless obtains an annual agency audit which covers any part of the this grant period (and/or or funds under this Agreement), the Contractor shall submit a copy of such audit to the Agency within ten (10) calendar days after the an audit report(s) is/are report is received by the Contractor. 12.3 15.3 The Contractor agrees that such audit will be engaged and performed in accord with all State and Federal regulations governing audits of the funds paid under this Agreement and in accordance with all appropriate accountancy standardsAgreement. 12.4 15.4 In the event an audit discloses a discrepancy, discrepancy the Contractor shall respond in writing to the Agency, Agency within ten (10) calendar days of a written receipt of any audit findings pertaining to the Contractor's Alzheimer’s Respite OAA Service(s), with a plan to resolve said findings. If said response is not received by the Agency within the said ten (10) calendar days, the Agency may suspend payments to Contractor until corrective action acceptable to the Agency is implemented or the Agency may take other action. 12.5 15.5 The Contractor agrees to reimburse the Agency any funds paid under this Agreement agreement which are found in the course of an audit to have been improperly or illegally used.