Common use of Quarterly Reporting and Audit Clause in Contracts

Quarterly Reporting and Audit. The SEF Administrator shall publish quarterly reports, which will include, at a minimum, (1) how funds have been used by category, and (2) to which school districts or public-school academies the funds have been distributed. The quarterly reports will be produced by a third-party selected by all Parties and identified in the agreement required under Section 1, and all costs associated with the audits and publication shall be covered by the SEF, subject to agreement by the Plaintiffs. The dates for publication of the 1 The Parties agree that, for the purposes of this Agreement, the MDE does not have any legal obligations under Section 504 of the Rehabilitation Act, 29 U.S.C. § 794 et seq. quarterly reports and biannual audits shall be agreed to by the Parties in the written agreement required under Section 1.

Appears in 4 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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