Project Audits. Xxxxx Recipient agrees that the Fund and the State have the right to audit the books and records of the Grant Recipient pertaining to this Grant Agreement both during performance and for five (5) years after the completion or termination of this Grant Agreement or until all audit exceptions, if any, have been resolved, whichever is longer. The Grant Recipient shall retain complete accounting records, including original invoices, payrolls, contracts, or other documents clearly showing the nature of all costs incurred under this Grant Agreement, for that same period of time. The Grant Recipient agrees to make available at all reasonable times to the Fund all bid documents, and accurate books and records of all expenditures for costs applicable to this Grant Agreement which will facilitate the audit of the Grant Recipient's records.
Project Audits. The Borrower shall have the Project financial statements periodically audited by independent auditors acceptable to the Bank, in accordance with consistently applied auditing standards acceptable to the Bank. Each audit of the Project Financial Statements shall cover the period of one fiscal year of the Borrower. The audited Project Financial Statements for each such period shall be (a) furnished to the Bank not later than six (6) months after the end of such period and (b) made publicly available in a timely fashion and in a manner acceptable to the Bank. t , Ill. Other Information /) . For additionalinfonnationon disbursemen arrangementsplease refer to the Loan Handbook available on the Bank's website (xxxx://xxx.xxxxxxxxx.xxxxxx "Client Connection". The Bank recommendsthat you register as a user of "Client Connection"From this websiteyou will be able to prepare and deliver Applications, monitor the near real-time status of the Loan, and retrieve related policy, financial, and procurement information. For more information about the website and registration arrangement or if you have any queries in relation to the above, please contact the Bank by e ail at askloans orldbank.o Yours s• rely, Em uel InasMunoz c anager Bosnia and He ovi and Montenegro Asia Attachments
Project Audits. The external audit will be carried out by private audit firms hired among those already preselected by others international IFIs. Only these firms will be invited to submit expression of interest and selected through a competitive process acceptable to the Fund.
Project Audits. Recipient will maintain full, correct and complete books and records and supporting documentation (including timesheets, work specifications, invoices and receipts) pertaining to the Project and the Funds (collectively, “Recipient Records”). Recipient Records will be maintained for a period of five years following completion of the Project. During the term of this Agreement and for a period of five years thereafter, SEEA will be entitled, either directly or through an independent accounting firm, to audit the Recipient Records for the purpose of verifying Recipient’s compliance with this Agreement. Such audits shall take place during Recipient’s normal business hours upon not less than five business days’ prior written notice, and shall be conducted in a manner that does not unreasonably interfere with Recipient’s normal operations.
Project Audits. The Division of Boating and Waterways, in consultation with CDFW, reserves the right to conduct Project audits before the initial start of the Project (Year 1), beginning of Year 2 and at the completion of the Project (End of Year 2).
Project Audits. The Recipient shall participate and cooperate with the Secretary in any audit of the Project. The Recipient shall make its records and books available to representatives of the Secretary for audit for a period of five (5) years after date of final payment under this Agreement. If any such audits reveal payments have been made with state funds by the Recipient for items considered Non-Participating Costs, the Recipient shall promptly reimburse the Secretary for such items upon notification by the Secretary.
