Pre-Audit Requirement Clause Samples
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Pre-Audit Requirement. Per NCGS § 159-28, no contract with a local government including the Town requiring the payment of any public funds is valid unless properly pre-audited in the manner required by said statute. This Agreement must contain a Pre-audit Certificate signed by the Town Finance Officer or their Deputy which shall take substantially the following form “This instrument has been pre-audited in the manner required by the Local Government Budget and Fiscal Control Act.” Failure to obtain a pre- audit upon the contract makes the contract invalid and unenforceable per state law. Additionally, pursuant to Town purchasing policies, no obligation of $1,000.00 or more for any goods sold or services rendered to Town is validly enforceable without a valid signed contract, or a signed Purchase Order, for such goods or services.
Pre-Audit Requirement. This Agreement has not been fully executed and is not effective until the Preaudit Certificate (if required by N.C.G.S § 159-28) has been affixed and signed by the Parties’ finance officers or deputy finance officers.
Pre-Audit Requirement. This Agreement has not been fully executed and is not effective until the Preaudit Certificate (if required by N.C.G.S. § 159-28) has been affixed and signed by the Town of Apex Finance Director.
Pre-Audit Requirement. This Amendment has not been fully executed and is not effective until the Preaudit Certificate (if required by N.C.G.S. § 159-28) has been affixed and signed by the Town’s Chief Financial Officer.