Common use of Corrective Action Plans Clause in Contracts

Corrective Action Plans. Following the findings from the Annual Financial Audit, each school shall develop a Corrective Action Plan to identify the processes, procedures, and policies that need to be improved to address the audit finding. During the site visit process, the Corrective Action Plan will be reviewed. Failure to develop an adequate Corrective Action Plan, shall result in a Notice of Unsatisfactory Performance.

Corrective Action Plans. Following the findings from the Annual Financial Audit, each school shall develop a Corrective Action Plan to identify the processes, procedures, and policies that need to be improved to address the audit finding. During the site visit process, the Corrective Action Plan will be reviewed. Failure to develop an adequate Corrective Action Plan, shall result in a Notice of Unsatisfactory Performance. 24 Section 22-8B-13(C) and (D) NMSA 1978.