Common use of Corrective Action Procedures Clause in Contracts

Corrective Action Procedures. ACHCH, as a pass-through entity, is responsible for: (i) monitoring subawardee activities to provide reasonable assurance that the contractor administers federal awards in compliance with federal requirements; (ii) ensuring required audits are performed and requiring contractor to take prompt corrective action on any monitoring or audit finding; and (iii) evaluating the impact of contractor activities on its ability to comply with applicable federal regulations. In the event of failure by contractor to meet compliance or contracted obligations, ACHCH designated officials shall require contractor to develop a corrective action plan in an agreed-upon timely manner. Failure to comply with corrective action plan will result in financial sanctions up to and including termination of subaward and contract.

Corrective Action Procedures. ACHCH, as a pass-through entity, is responsible for: (i) monitoring subawardee sub awardee activities to provide reasonable assurance that the contractor administers federal awards in compliance with federal requirements; (ii) ensuring required audits are performed and requiring contractor to take prompt corrective action on any monitoring or audit finding; and (iii) evaluating the impact of contractor activities on its ability to comply with applicable federal regulations. In the event of failure by contractor to meet compliance or contracted obligations, ACHCH designated officials shall require contractor to develop a corrective action plan in an agreed-upon timely manner. Failure to comply with corrective action plan will result in financial sanctions up to and including termination of subaward sub award and contract.