Common use of RECORDS, INFORMATION AND REPORTS Clause in Contracts

RECORDS, INFORMATION AND REPORTS. 4.1 The Recipient Institution shall maintain clear, accurate and complete records in respect of the Funds received under this Agreement. Upon completion of the Activities, or the termination of this Agreement, the Recipient Institution shall maintain the records for a period of at least five (5) years. 4.2 The Recipient Institution shall furnish, compile and make available at all times to UNDP any records or information, oral or written, which UNDP may reasonably request in respect of the Funds received by the Recipient Institution. 4.3 The Recipient Institution shall provide progress reports (“Performance Reports”) including financial and narrative information, to UNDP at least 30 days before the expected release of the next tranche or at least annually within 30 days after the end of year until the activities have been completed. The Performance Report, including the financial reporting component, shall follow the format in Annex B and shall include certification by the Recipient Institution’s representative with institutional responsibility for financial reporting, including the certification date.

RECORDS, INFORMATION AND REPORTS. 4.1 The Recipient Institution shall maintain clear, accurate and complete records in respect of the Funds received under this Agreement. Upon completion of the Activities, or the termination of this Agreement, the Recipient Institution shall maintain the records for a period of at least five (5) years. 4.2 The Recipient Institution shall furnish, compile and make available at all times to UNDP any records or information, oral or written, which UNDP may reasonably request in respect of the Funds received by the Recipient Institution. 4.3 The Recipient Institution shall provide progress reports (“Performance Reports”) including financial and narrative information, to UNDP at least 30 20 days before the expected release of the next tranche or at least annually within 30 days after the end of year until the activities have been completed. The Performance Report, including the financial reporting component, shall follow the format in Annex B and shall include certification by the Recipient Institution’s representative with institutional responsibility for financial reporting, including the certification date.