NOTIFICATION OF SIGNIFICANT ISSUES. DA must give reasonable notice to the Commonwealth if it becomes aware of any significant issues that will materially affect or have affected DA or any of its subsidiaries’ ability to achieve the objectives stated in its Strategic Plan or comply with its obligations under this Agreement or the Act. CONFLICT OF INTEREST DA warrants that, at the Agreement Date, no conflict of interest exists or is likely to arise in the performance of its obligations under this Agreement. If a conflict of interest, or risk of a conflict of interest, arises in the performance of DA’s obligations under this Agreement, DA must notify the Commonwealth of that conflict or risk and take steps acceptable to the Commonwealth to resolve or avoid the conflict. REVIEW OF PERFORMANCE DA must complete a Performance Review and deliver the final Performance Review Report to the Commonwealth at least six months before the expiry of this Agreement, but no more than 12 months before the expiry of this Agreement without the agreement of the Commonwealth. DA must agree the terms of reference for the Performance Review with the Commonwealth at least three months before the Performance Review commences. DA must engage, at its own cost, an independent organisation to undertake the Performance Review and prepare the Performance Review Report. The organisation engaged to undertake the Performance Review required under clause 18.3 must not within the previous four years have carried out any corporate governance activity or reviews, performance audit or similar reviews of DA. The terms of reference for the Performance Review must take into account DA’s performance in: meeting its obligations under this Agreement and the Act; implementing governance arrangements and practices for ensuring proper use and management of the Funds; meeting the planned outcomes and targets of its Strategic Plan; delivering benefits to members, Xxxx Xxxxxx and the broader community; consulting with Xxxx Xxxxxx and Industry Representative Bodies; and any other matters consistent with DA’s Strategic Plan and the Act the Commonwealth requires the Performance Review to cover. DA must provide the Commonwealth with a copy of the draft Performance Review Report at the same time as DA receives a copy. DA must provide the final Performance Review Report to the Commonwealth within 14 days of acceptance by the Board. DA must develop a response to the final Performance Review Report and a proposed implementation plan including dates and...
NOTIFICATION OF SIGNIFICANT ISSUES. The Contractor shall promptly notify the County regarding any significant issues that may impact the Contractor’s fulfillment of its obligations under this Contract.
NOTIFICATION OF SIGNIFICANT ISSUES. 16 .1 In addition to the duties of the FRDC under section1 9(1) the PGPA Act, the FRDC must also give the Commonwealth reasonable notice if it becomes aware of any significant issues that may affect or have affected the FRDC or any of its subsidiaries.
