Common use of Response/Compliance with Audit or Inspection Findings Clause in Contracts

Response/Compliance with Audit or Inspection Findings. (a) MCO must take action to ensure its or a Subcontractor’s compliance with or correction of any finding of noncompliance with any law, regulation, audit requirement, or generally accepted accounting principle relating to the Services and Deliverables or any other deficiency contained in any audit, review, or inspection conducted under this Article. This action will include MCO’s delivery to HHSC, for HHSC’S approval, a Corrective Action Plan that addresses deficiencies identified in any audit, review, or inspection within 30 calendar days of the close of the audit, review, or inspection. (b) MCO must bear the expense of compliance with any finding of noncompliance under this Section that is: (1) Required by Texas or Federal law, regulation, rule, court order, or other audit requirement relating to MCO's business; (2) Performed by MCO as part of the Scope of Work; or (3) Necessary due to MCO's noncompliance with any law, regulation, rule, court order, or audit requirement imposed on MCO. (c) As part of the Scope of Work, MCO must provide to HHSC upon request a copy of those portions of MCO's and its Subcontractors' internal audit reports relating to the Services and Deliverables provided to HHSC under the Contract.