Location of State Data. No State data received, obtained, or generated by the Party in connection with performance under this Agreement shall be processed, transmitted, stored, or transferred by any means outside the continental United States, except with the express written permission of the State.
Location of State Data. No State data received, obtained, or generated by the CONTRACTOR in connection with performance under this Agreement shall be processed, transmitted, stored, or transferred by any means outside the continental United States, except with the express written permission of the State.
Location of State Data. No State data received, obtained, or generated by the Party in connection with performance under this Agreement shall be processed, transmitted, stored, or transferred by any means outside continental United States, except with the express written permission of the State. The objective of Contractor’s Examination and Audit Report, Financial Statement audit is the expression of an opinion about whether the Exchange’s financial statement is fairly presented, in all material respects, in conformity with the cash basis of accounting. Contractor’s audit will be conducted in accordance with U.S. generally accepted auditing standards and the standards for financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and will include tests of accounting records and other procedures Contractor considers necessary to enable Contractor to express such an opinion. Contractor will issue a written report upon completion of the audit of the Exchange’s financial statement to the State. Contractor cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for Contractor to modify their opinion or add an emphasis-of-matter or other-matter paragraph. If Contractor’s opinion on the financial statement is other than unmodified, Contractor will discuss the reasons with the State in advance. If, for any reason, Contractor is unable to complete the audit or are unable to form or have not formed an opinion, Contractor may decline to express an opinion or issue reports, or Contractor may withdraw from this Contract pursuant to the terms in Number 7, Termination for Convenience, on Page 1 of this Contract. The Contractor will be paid for products or services actually delivered or performed. Contractor will also provide a report (which will not include an opinion) on internal control related to the financial statement and compliance with the provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a material effect on the financial statement as required by Government Auditing Standards. The report on internal control and on compliance and other matters will include a paragraph that states that (a) the purpose of the report is solely to describe the scope of testing of internal control and compliance, and the results of that testing, and not to provide an opinion on the effectiveness of the Exchange’s internal control on compl...
