Records, Reporting, Monitoring and Audit. 7.1 The parties agree to maintain proper and accurate accounts and records of the Eligible Project for a minimum of 6 years after the date of completion of the Eligible Project.
Records, Reporting, Monitoring and Audit. 8.1 The parties agree to maintain proper and accurate accounts and records of the Eligible Project for a minimum of seven (7) years after the date of completion of the Eligible Project.
8.2 The Ultimate Recipient agrees to provide CCT with the reports in the form prescribed by CCT and satisfactory to CCT in scope and detail, in order to allow CCT to assess the progress of the Eligible Project. Reports will be submitted on the dates described in the reporting schedule provided by CCT. CCT may reassess the reporting frequency from time to time at CCT’s sole discretion and notify the Ultimate Recipient of any changes.
8.3 Upon request of the Minister and at no cost to the Minister, the Ultimate Recipient shall promptly elaborate upon any report submitted or provide such additional information as may be requested.
8.4 The Minister may request a copy of any report or publication produced as a result of this Agreement or the Eligible Project, whether interim or final, as soon as it becomes available.
8.5 The Minister shall have the right to audit, or cause to have audited, the accounts and records of the Ultimate Recipient and to have a right of access to Eligible Project site and the books and accounts of the Ultimate Recipient. To this end, the Ultimate Recipient shall, at its own expense and for the duration of the Control Period:
(a) preserve and make available for audit and examination by CCT and the Minister proper books, accounts and records of the Eligible Project costs, wherever such books and records may be located, and permit CCT and the Minister to conduct such independent audits and evaluations as CCT’s or the Minister’s discretion may require;
(b) upon reasonable notice and after consultation with the Ultimate Recipient, permit CCT and the Minister reasonable access to the Eligible Project site and/or the Ultimate Recipient's premises and documents in order to inspect and assess the progress and results of the Eligible Project and compliance with the terms of this Agreement; and
(c) supply promptly, on request, such other reports or data in respect of the Eligible Project and its results, as CCT or the Minister may require for purposes of this Agreement and for statistical and/or evaluation purposes.
