Nature of Services Required Sample Clauses

Nature of Services Required. 2.1 Consultant will express an “in relation to” opinion on the fair presentation of the combined and individual non-major fund financial statements and supporting schedules, including the internal service funds in conformity with generally accepted accounting principles in the United States of America (“GAAP”). An audit of the introductory or statistical section of the report will not be necessary. However, review will be required for content and consistency. 2.2 Management’s discussion and analysis is not a required part of the basic financial statements, but is supplemental information required by GAAP. Consultant will apply certain limited procedures to this required supplemental information. 2.3 The Town does not currently anticipate it will prepare any official statements in connection with the sale of debt securities which will contain the basic financial statements and the auditor’s report thereon. In the event debt is issued, it is not anticipated that Consultant will be required to issue a “consent and citation of expertise” as the auditor and any necessary “comfort letters.” 2.4 The Town expects that it is free to distribute copies of its financial statements without the prior consent of its auditors.
Sample 1
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Nature of Services Required. The Accounting Firm shall perform an audit for the purpose of expressing an opinion on the financial statements and schedules of the Community for the fiscal year ending March 31. The examination of the financial statements is to be performed in accordance with Canadian Generally Accepted Auditing Standards. The following is a list of reports to be submitted as a result of the audit:
Sample 1
Nature of Services Required. The Accounting Firm shall perform an audit for the purpose of expressing an opinion on the financial statements and schedules of the Community for the fiscal year ending March 31st. The examination of the financial statements is to be performed in accordance with Canadian Generally Accepted Auditing Standards. The following is a list of reports to be submitted as a result of the audit: 1. An attest audit report is to be issued on the examination of the financial statements. It is to report whether the financial statements present fairly the financial position and the results of operations in conformity with Canadian Generally Accepted Accounting Principles and the CICA Handbook. The audit report is to address the issue of evaluation of internal control procedures on specific account balances including internal control on cash, locally generated revenue and reserve fund investments. 2. INR has an approved financial statement format that communities are required to use which has been updated in accordance with Public Sector Accounting Board rules. The communities are provided with the Financial Management Guide (FMG) which provides the necessary format. See Appendix A for details on required financial statements and schedules. While the department recognizes that it is Community management’s responsibility to prepare the financial statement, we want to emphasize that it is the auditor’s responsibility to ensure that the proper reporting format is used and that there are no material errors. A standard financial statement template in Excel is available upon request. 3. Consolidated financial statements include the assets, liabilities, revenues and expenses of the reporting entity. The reporting entity is comprised of all the agencies, local boards and committees which are controlled by the Community. Control is defined as the power to govern the financial and reporting policies of another organization with the expected benefits or risk of loss to the Community. The controlled organizations are consolidated after adjusting their accounting policies to a basis consistent with the accounting policies of the Community and inter-company balances and transactions have been eliminated. The notes to the financial statements should clearly indicate the reporting entity and consolidated entities. 4. The notes to the financial statements should report the existence of any related party transactions, contingent events and any material subsequent events that affect the fin...
Sample 1
Nature of Services Required. A. The annual financial and compliance audits will be performed in accordance with Generally Accepted Auditing Standards, Government Auditing Standards issued by the General Accounting Office, and all prevailing federal, state and local laws and regulations. B. The City of Cheyenne and the Board of Public Utilities will require audits for the fiscal years ending June 30, 2016, 2017 and 2018. C. The financial statements for the City and the Board will be prepared as illustrated in Governmental Accounting, Auditing, and Financial Reporting. The Board’s report will be submitted to the Government Finance Officers' Association for participation in the Certificate of Achievement for Excellence in Financial Reporting program. The City and the Board will also require any other reports as stipulated by U.S. Office of Management and Budget Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations. D. Management letters specifying audit findings and recommendations may be issued to the City and the Board. The management letter should include suggestions as to how the City and the Board can improve their operations. The auditors will meet with the Audit Committee of the City prior to field work to discuss any areas of concern regarding management policies and procedures or other areas the Committee would like addressed. Should those areas require a significant amount of time, additional fees for those procedures will be discussed at that time. E. An exit conference will be held at the conclusion of the audits. The purpose of the conference is to discuss the audit report, internal accounting controls, and the management letter with the Audit Committee of the City and the Administration Manager and Director of the Board. F. The auditors may be asked to present the report to City Council at one of their regular Monday night meetings. The auditors will present the report of the Board to a regular meeting of the Board of Public Utilities.
Sample 1
Nature of Services Required. ‌ Miners Ranch Dam in Oroville, CA impounds water utilized for domestic and irrigation supply, as well as hydropower generation. The parcel to the south of the reservoir was recently purchased by the Agency, and the existing field fencing does not comply with current security requirements of the Federal Energy Regulatory Commission. The Agency seeks to install approximately 4,000 lineal feet of chain link fencing topped with three strand barbed wire and secure access gates to be used by Agency personnel in the course of routine maintenance activities.
Sample 1
Nature of Services Required. A. Scope of Work to be Performed B. Auditing Standards to be Followed C. Reports to be Issued 1. Comprehensive annual financial report (CAFR). 2. Single Audit Report 3. Management letter addressed to the Finance and Fiscal Affairs Committee with observations and recommendations to improve the internal control structure, financial reporting process and overall accountability. In addition, auditors shall be required to make an immediate, written report to the FFAC of all irregularities and illegal acts of which they become aware. Auditors shall report to the FFAC significant audit adjustments, disagreements with management, and difficulties encountered in performing the audit.
Sample 1
Nature of Services Required 
Sample 1
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Related to Nature of Services Required

  • Nature of Services Provided The Provider has agreed to provide the following digital educational services described in Exhibit “A”.

  • Nature of Services The Individual Contractor shall perform the services as described in the Terms of References which form an integral part of this Contract and are attached hereto as Annex I in the following Duty Station(s): .

  • Nature of Service 3.1 ISO-NE and the NYISO shall, to the maximum extent each deems consistent with the safe and proper operation of its system, the furnishing of economical, dependable and satisfactory services by its participants, and the obligations of its participants to other parties, make available to the other Party when a system Emergency exists on the other Party's system, Emergency Energy from its system's available generating capability in excess of the system’s load requirements (i.e., load requirements alone, not load plus reserve requirements) up to the transfer limits in use between the two Balancing Authority Areas. Emergency Energy is provided in cases of emergency outages of generating units, transmission lines or other equipment, or to meet other sudden and unforeseen circumstances such as forecast errors, or to provide sufficient Operating Reserve. Normally, a Party requests Emergency Energy from the other Party as a last resort, when market-based real-time energy transactions are not available, or not available in a timely fashion in order to maintain its ten-minute reserve requirement. At the time the Emergency Energy sale is being initiated, the Party delivering such Emergency Energy shall describe the Emergency Energy transaction as being one of the following: (1) “delivered out of ten-minute reserve”; (2) “delivered out of thirty-minute reserve” where such a delivery could reasonably be expected to be recalled if the Party delivering the Emergency Energy needed the generation for a reserve pick-up or other Emergency; or (3) “delivered above and beyond ten-minute and thirty-minute reserves” where the Party delivering such Emergency Energy is normally expected to be able to continue delivering the energy following a reserve pick-up. 3.2 The Parties are participants in the NPCC and are expected to comply with NPCC Criteria, Guides and Procedures. Such NPCC Criteria, Guides and Procedures include “Emergency Operation Criteria” (Document A-3), which describes the basic factors to be considered by a Balancing Authority Area in formulating plans and procedures to be followed in an Emergency. A principle of operation in this NPCC Criteria is that upon receiving a request for assistance to mitigate an Emergency, a Balancing Authority Area would provide “maximum reasonable assistance” to a neighboring Balancing Authority Area. Such reasonable assistance would not normally require the shedding of firm load. 3.3 Normally, the Party experiencing or anticipating an Emergency would request Emergency Energy from the other Party in accordance with this Schedule and applicable NPCC Criteria, Guides and Procedures after all market-based real-time transactions have been scheduled, unless there is an immediate need for such Emergency Energy in order to maintain system Reliability. 3.4 In the event a Party is unable to provide Emergency Energy to the other when needed, but there is energy available from a Third Party Balancing Authority Area supplier, the Party will use reasonable efforts to acquire and transmit such energy to the other Party where feasible.

  • Maintenance of Services A. Reseller will adopt and adhere to the standards contained in the applicable BellSouth Work Center Interface Agreement regarding maintenance and installation of service. B. Services resold under the Company’s Tariffs and facilities and equipment provided by the Company shall be maintained by the Company. C. Reseller or its end users may not rearrange, move, disconnect, remove or attempt to repair any facilities owned by the Company, other than by connection or disconnection to any interface means used, except with the written consent of the Company. D. Reseller accepts responsibility to notify the Company of situations that arise that may result in a service problem. E. Reseller will be the Company's single point of contact for all repair calls on behalf of Reseller’s end users. The parties agree to provide one another with toll-free contact numbers for such purposes. F. Reseller will contact the appropriate repair centers in accordance with procedures established by the Company. G. For all repair requests, Reseller accepts responsibility for adhering to the Company's prescreening guidelines prior to referring the trouble to the Company. H. The Company will xxxx Reseller for handling troubles that are found not to be in the Company's network pursuant to its standard time and material charges. The standard time and material charges will be no more than what BellSouth charges to its retail customers for the same services. I. The Company reserves the right to contact Reseller’s customers, if deemed necessary, for maintenance purposes.

  • STATEMENT OF SERVICES TO BE PROVIDED The Parties agree to cooperate to provide necessary and authorized services and resources in accordance with the terms of this Contract. Specific services provided are described in Attachment A – Statement of Work.

  • Subcontracting for the Provision of Services (a) The parties acknowledge that, subject to the provisions of the Enabling Legislation, the HSP may subcontract the provision of some or all of the Services. For the purposes of this Agreement, actions taken or not taken by the subcontractor, and Services provided by the subcontractor, will be deemed actions taken or not taken by the HSP, and Services provided by the HSP. (b) When entering into a subcontract the HSP agrees that the terms of the subcontract will enable the HSP to meet its obligations under this Agreement. Without limiting the foregoing, the HSP will include a provision that permits the Funder or its authorized representatives, to audit the subcontractor in respect of the subcontract if the Funder or its authorized representatives determines that such an audit would be necessary to confirm that the HSP has complied with the terms of this Agreement. (c) Nothing contained in this Agreement or a subcontract will create a contractual relationship between any subcontractor or its directors, officers, employees, agents, partners, affiliates or volunteers and the Funder. (d) When entering into a subcontract, the HSP agrees that the terms of the subcontract will enable the HSP to meet its obligations under the FLSA.

  • Performance of Services The Contractor is responsible for fully meeting all obligations set forth in the Contract and for providing Product in accordance with the Contract or any Authorized User Agreement.

  • Services Provided Subcontractor agrees to complete the following: ____________ ___________________________________________________________ (“Services”).

  • Supply of Services 7.1 Supplier shall provide the Services to Purchaser in accordance with the Order in all material respects using reasonable care and skill. 7.2 Supplier shall use reasonable endeavours to meet any performance dates for the Services specified in the Order but any dates shall be estimates only and time shall not be of the essence for the performance of the Services. 7.3 Supplier shall have the right to make any changes to the Services which are necessary to comply with any applicable law or safety requirements or which do not materially affect the nature or quality of the Services. 7.4 Purchaser shall: (a) ensure that the terms of Order are complete and (if submitted by Purchaser) the service specification are complete and accurate; (b) co-operate with Supplier in all matters relating to the Services; (c) provide Supplier, its employees, agents, consultants and subcontractors with access to Purchaser’s premises, machinery and other facilities as reasonably required by Supplier to provide the Services; and (d) provide Supplier with such information and materials as Supplier may reasonably require to supply the Services, and ensure that such information is accurate in all material respects. 7.5 If Supplier’s performance of any of its obligations in respect of the Services is prevented or delayed by an any act or omission by Purchaser or failure by Purchaser to performs its obligations (“Purchaser Default”) Supplier shall without limiting its other rights or remedies have the right to suspend performance of the Services until Purchaser remedied Purchaser Default and relieves Supplier from its obligations to the extent the Customer Default prevents or delays Supplier’s performance. Purchaser shall indemnify Supplier against all liabilities costs, losses and expenses which Supplier may incur by reason of Purchaser Default. 7.6 Where the Services consist of any experimental or developmental work, the results supplied or recommendations made under the Services are given in good faith within the limitations of the data available, but no warranty, expressed or implied, is given as to the ability of Supplier to achieve a specific outcome, nor the accuracy of results obtained. 7.7 Any claims by Purchaser which is based on defect in the Services shall be notified to Supplier within twenty-one (21) days of the services being performed and promptly after discovery of defect or failure. The sole and exclusive remedy of Purchaser for such defect hereunder shall be the re-performance or re- fund, at Supplier’s option, of any defective or non-conforming Services.

  • Scope of Services The specific scope of work for each job shall be determined in advance and in writing between TIPS Member, Member’s design professionals and Vendor. It is permitted for the TIPS Member to provide a general scope description, but the awarded vendor should provide a written scope of work, and if applicable, according to the TIPS Member’s design Professional as part of the proposal. Once the scope of the job is agreed to, the TIPS Member will issue a PO and/or an Agreement or Contract with the Job Order Contract Proposal referenced or as an attachment along with bond and any other special provisions agreed by the TIPS Member. If special terms and conditions other than those covered within this solicitation and awarded Agreements are required, they will be attached to the PO and/or an Agreement or Contract and shall take precedence over those in this base TIPS Vendor Agreement.

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