Common use of Reporting Monitoring Audit and Evaluation Clause in Contracts

Reporting Monitoring Audit and Evaluation. 7.1 The Recipient agrees to provide the Minister with the reports as described in Annex 3 – Reporting Requirements, to the Minister’s satisfaction. This includes, at minimum, an annual report to be submitted by the Recipient no later than April 15th of each year. 7.2 Upon request of the Minister and at no cost to the Minister, the Recipient shall promptly elaborate upon any report submitted or provide such additional information as may be requested. 7.3 The Minister may request a copy of any report or publication produced as a result of this Agreement or each Project, whether interim or final, as soon as it becomes available. 7.4 The Recipient shall at its own expense: (a) preserve and make available for audit and examination by the Minister, proper books, accounts and records of each Project’s costs, wherever such books, and records may be located, and permit the Minister to conduct such independent audits and evaluations as the Minister’s discretion may require; (b) upon reasonable notice and after consultation with the Recipient, permit the Minister, reasonable access to each Project site and/or the Recipient's premises and documents in order to inspect and assess the progress and results of each Project and compliance with the terms of this Agreement; and (c) supply promptly, on request, such other reports or data in respect of each Project and its results, as the Minister may require for purposes of this Agreement and for statistical and/or evaluation purposes. 7.5 The Minister shall have the right, at the Minister’s own expense, and as and when the Minister determines necessary, to perform audits of each Project’s costs and the Recipient's books, accounts, records, financial statements and claims for reimbursement of Eligible and Supported Costs, and the administrative, financial and claim certification processes and procedures, for the purposes of verifying the costs of each Project, validating claims for reimbursement of Eligible and Supported Costs, ensuring compliance with the terms of this Agreement, and confirming amounts repayable to Her Majesty under the provisions of this Agreement. 7.6 Any audits performed hereunder will be carried out by auditors selected by the Minister, which may include any of the following: Agency officials, an independent auditing firm, and/or the Recipient's external auditors. The Minister will provide the Recipient with a description of the scope and criteria of the audit and the expected time frames for completion of the audit and public release of the related reports. 7.7 The Recipient agrees that the Minister, at the Minister’s expense, may engage outside firms or individuals, unrelated to the Government of Canada, with the required expertise to evaluate and monitor each Project and its implementation or review any documents submitted by the Recipient. The Recipient agrees to provide access to any site, meeting or to any document in relation to each Project to such firms or individuals.

Reporting Monitoring Audit and Evaluation. 7.1 7.1. The Recipient agrees to provide the Minister with the reports as described in Annex 3 – Reporting Requirements, to the Minister’s satisfaction. This includes, at minimum, an annual report to be submitted by the Recipient no later than April 15th of each year. 7.2 7.2. Upon request of the Minister and at no cost to the Minister, the Recipient shall promptly elaborate upon any report submitted or provide such additional information as may be requested. 7.3 7.3. The Minister may request a copy of any report or publication produced as a result of this Agreement or each the Project, whether interim or final, as soon as it becomes available. 7.4 7.4. The Recipient shall at its own expense: (a) preserve and make available for audit and examination by the Minister, proper books, accounts and records of each Project’s the Project costs and Capex Plan costs, wherever such books, and records may be located, and permit the Minister to conduct such independent audits and evaluations as the Minister’s Minister in his discretion may require; (b) upon reasonable notice and after consultation with the Recipient, permit the Minister, reasonable access to each the Project site and/or the Recipient's ’s premises and documents in order to inspect and assess the progress and results of each the Project and compliance with the terms of this Agreement; and (c) supply promptly, on request, such other reports or data in respect of each the Project and its Capex Plan and their results, as the Minister may require for purposes of this Agreement and for statistical and/or evaluation purposes.. Recipient Name: Algoma Steel Inc. 7.5 7.5. The Minister shall have the right, at the Minister’s his own expense, and as and when the Minister he determines necessary, to perform audits of each Project’s the Project and Capex Plan costs and the Recipient's ’s books, accounts, records, financial statements and claims for reimbursement of Eligible and Supported Costs, and the Recipient’s administrative, financial and claim certification processes and procedures, for the purposes of verifying the costs of each Projectthe Project and Capex Plan, validating claims for reimbursement of Eligible and Supported Costs, ensuring compliance with the terms of this Agreement, and confirming amounts repayable to Her Majesty under the provisions of this Agreement. 7.6 7.6. Any audits performed hereunder will be carried out by auditors selected by the Minister, which may include any of the following: Agency officials, an independent auditing firm, and/or the Recipient's ’s external auditors. The Minister will provide the Recipient with a description of the scope and criteria of the audit and the expected time frames for completion of the audit and public release of the related reports. 7.7 7.7. The Recipient agrees that the Minister, at the Minister’s expense, may engage outside firms or individuals, unrelated to the Government of Canada, with the required expertise to evaluate and monitor each the Project and the Capex Plan and its implementation or review any documents submitted by the Recipient. The Recipient agrees to provide access to any site, meeting or to any document in relation to each the Project and Capex Plan to such firms or individuals. Contracts for services with these advisors or consultants will contain confidentiality provisions.

Reporting Monitoring Audit and Evaluation. 7.1 The Recipient agrees to provide the Minister with the reports as described in Annex 3 – Reporting Requirements, to the Minister’s satisfaction. This includes, at minimum, an annual report to be submitted by the Recipient no later than April 15th of each year. 7.2 Upon request of the Minister and at no cost to the Minister, the Recipient shall promptly elaborate upon any report submitted or provide such additional information as may be requested. 7.3 The Minister may request a copy of any report or publication produced as a result of this Agreement or each the Project, whether interim or final, as soon as it becomes available. 7.4 The Recipient shall at its own expense: (a) preserve and make available for audit and examination by the Minister, proper books, accounts and records of each Project’s the Project costs, wherever such books, and records may be located, and permit the Minister to conduct such independent audits and evaluations as the Minister’s discretion may require; (b) upon reasonable notice and after consultation with the Recipient, permit the Minister, reasonable access to each the Project site and/or the Recipient's premises and documents in order to inspect and assess the progress and results of each the Project and compliance with the terms of this Agreement; and (c) supply promptly, on request, such other reports or data in respect of each the Project and its results, as the Minister may require for purposes of this Agreement and for statistical and/or evaluation purposes. 7.5 The Minister shall have the right, at the Minister’s own expense, and as and when the Minister determines necessary, to perform audits of each Project’s the Project costs and the Recipient's books, accounts, records, financial statements and claims for reimbursement of Eligible and Supported Costs, and the administrative, financial and claim certification processes and procedures, for the purposes of verifying the costs of each the Project, validating claims for reimbursement of Eligible and Supported Costs, ensuring compliance with the terms of this Agreement, and confirming amounts repayable to Her Majesty under the provisions of this Agreement. 7.6 Any audits performed hereunder will be carried out by auditors selected by the Minister, which may include any of the following: Agency officials, an independent auditing firm, and/or the Recipient's external auditors. The Minister will provide the Recipient with a description of the scope and criteria of the audit and the expected time frames for completion of the audit and public release of the related reports. 7.7 The Recipient agrees that the Minister, at the Minister’s expense, may engage outside firms or individuals, unrelated to the Government of Canada, with the required expertise to evaluate and monitor each the Project and its implementation or review any documents submitted by the Recipient. The Recipient agrees to provide access to any site, meeting or to any document in relation to each the Project to such firms or individuals.

Reporting Monitoring Audit and Evaluation. 7.1 The Recipient agrees to provide the Minister with the reports as described in Annex 3 – Reporting Requirements, to the Minister’s satisfaction. This includes, at minimum, an annual report to be submitted by the Recipient no later than April 15th of each year. 7.2 Upon request of the Minister and at no cost to the Minister, the Recipient shall promptly elaborate upon any report submitted or provide such additional information as may be requested. 7.3 The Minister may request a copy of any report or publication produced as a result of this Agreement or each the Project, whether interim or final, as soon as it becomes available. 7.4 The Recipient shall at its own expense: (a) preserve and make available for audit and examination by the Minister, proper books, accounts and records of each Project’s the Project costs, wherever such books, and records may be located, and permit the Minister to conduct such independent audits and evaluations as the Minister’s discretion may require; (b) upon reasonable notice and after consultation with the Recipient, permit the Minister, reasonable access to each the Project site and/or the Recipient's premises and documents in order to inspect and assess the progress and results of each the Project and compliance with the terms of this Agreement; and (c) supply promptly, on request, such other reports or data in respect of each the Project and its results, as the Minister may require for purposes of this Agreement and for statistical and/or evaluation purposes. 7.5 The Minister shall have the right, at the Minister’s own expense, and as and when the Minister he determines necessary, to perform audits of each Project’s the Project costs and the Recipient's books, accounts, records, financial statements and claims for reimbursement of Eligible and Supported Costs, and the administrative, financial and claim certification processes and procedures, for the purposes of verifying the costs of each the Project, validating claims for reimbursement of Eligible and Supported Costs, ensuring compliance with the terms of this Agreement, and confirming amounts repayable to Her Majesty under the provisions of this Agreement. 7.6 Any audits performed hereunder will be carried out by auditors selected by the Minister, which may include any of the following: Agency officials, an independent auditing firm, and/or the Recipient's external auditors. The Minister will provide the Recipient with a description of the scope and criteria of the audit and the expected time frames for completion of the audit and public release of the related reports. 7.7 The Recipient agrees that the Minister, at the Minister’s expense, may engage outside firms or individuals, unrelated to the Government of Canada, with the required expertise to evaluate and monitor each the Project and its implementation or review any documents submitted by the Recipient. The Recipient agrees to provide access to any site, meeting or to any document in relation to each the Project to such firms or individuals.