Common use of Right to Inspect/Audit Clause in Contracts

Right to Inspect/Audit. Each bidding document and contract financed from the proceeds of the Grant shall provide that bidders, suppliers and contractors, shall permit the Association, at its request, to inspect their accounts and records relating to the bid submission and performance of the contract and to have said accounts and records audited by auditors appointed by the Association.

Appears in 2 contracts

Samples: Financing Agreement, Financing Agreement

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Right to Inspect/Audit. Each bidding document and contract financed from the proceeds of the Grant shall provide that bidders, suppliers and contractors, contractors shall permit the Association, at its request, to inspect their accounts and records relating to the bid submission and performance of the contract and to have said accounts and records audited by auditors appointed by the Association. The deliberate and material violation by the supplier, contractor, or subcontractor of such provision may amount to obstructive practice.

Appears in 1 contract

Samples: Financing Agreement

Right to Inspect/Audit. Each bidding document and contract financed from the proceeds of the Grant shall provide that bidders, suppliers and contractors, contractors shall permit the Association, at its request, to inspect their accounts and records relating to the bid submission and performance of the contract and to have said accounts and records audited by auditors appointed by the Association.

Appears in 1 contract

Samples: Grant Agreement

Right to Inspect/Audit. Each bidding document and contract financed from the proceeds of the Grant Financing shall provide that biddersthe suppliers, suppliers contractors and contractors, subcontractors shall permit the Association, at its request, to inspect their accounts and records relating to the bid submission and performance of the contract contract, and to have said accounts and records audited by auditors appointed by the Association. The deliberate and material violation by the supplier, contractor or subcontractor of such provision may amount to an Obstructive Practice.

Appears in 1 contract

Samples: Financing Agreement

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Right to Inspect/Audit. Each bidding document and contract financed from the proceeds of the Grant a Financing shall provide that include a provision requiring bidders, suppliers suppliers, and contractors, shall contractors to permit the Association, Association at its request, to inspect their accounts and records relating to the bid submission and performance of the contract and to have said accounts and records audited by auditors appointed by the Association.

Appears in 1 contract

Samples: Financing Agreement

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