Common use of Performance Audits Clause in Contracts

Performance Audits. At the request of the Participants Committee, ISO shall engage an independent third party to be chosen by mutual agreement of ISO and the Participants Committee to conduct a periodic audit of ISO’s performance and shall cooperate fully in the conduct of such audits. Such audits shall be conducted at such intervals as shall be determined by the Participants Committee, but no more frequently than every three years unless a specified issue has been identified for audit by the Participants Committee and ISO. The report resulting from this audit shall be submitted to the ISO Board. The ISO Board will share such report with the Participants Committee.

Appears in 4 contracts

Samples: Participants Agreement, Participants Agreement, Participants Agreement

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