STANDARDS FOR FISCAL ACCOUNTABILITY Sample Clauses

STANDARDS FOR FISCAL ACCOUNTABILITY. A. The Agency agrees to maintain books, records, reports and other evidence of documents, accounting procedures and practices which sufficiently and properly reflect all direct and indirect costs of any nature expended in performance of this Agreement. The Agency further agrees that the County shall have the right to monitor and audit the fiscal components of the Agency to ensure that actual expenditures remain consistent with the terms of this Agreement. The Agency shall retain all books, documents and other material relevant to this Agreement for a period of five (5) years after expiration of this Agreement. The Agency agrees that the County shall have full access to and right to examine any of said materials at all reasonable times during said period. B. The Agency shall: 1. Provide accurate, current and complete disclosure of the financial status of this Agreement as requested by the County; 2. Identify the source and application of funds for services supported by this Agreement in whole or in part. 3. Maintain internal controls that provide reasonable assurance that the Agency is managing funds received through this Agreement in compliance with laws, regulations, and the provisions of contracts or grant agreements.
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STANDARDS FOR FISCAL ACCOUNTABILITY. A. The Subrecipient agrees to maintain books, records, documents, accounting procedures, and practices which accurately reflect all direct and indirect costs related to the performance of this Agreement. Such fiscal books, records, documents, reports and other data shall be retained in a manner consistent with the "Budgeting, Accounting, Reporting System for Counties and Cities, and Other Local Governments", hereinafter referred to as "BARS", as issued by the Office of State Auditor, State of Washington. The Subrecipient further agrees that the City shall have the right to monitor and audit the fiscal components of the organization to ensure that actual expenditures remain consistent with the terms of this Agreement. The Subrecipient shall retain all books, records, documents and other material relevant to the Agreement for three (3) years after settlement of this Agreement. The Subrecipient agrees that the City, the U.S. Department of Housing and Urban Development, the Washington State Auditor, or their designees, shall have full access to and right to examine any of said materials at all reasonable times during said period. B. The Subrecipient agrees that any contributions or payments made for services furnished under this Agreement shall be used for the sole benefit of this program.
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STANDARDS FOR FISCAL ACCOUNTABILITY. A. The Contractor agrees to maintain books, records, reports and other evidence of documents, accounting procedures, practices that sufficiently and properly reflect all direct and indirect costs of any nature expended in performance of this Agreement. The Contractor further agrees that the County shall have the right to monitor and audit the fiscal components of the Contractor to ensure that actual expenditures remain consistent with the terms of this Agreement. The Contractor shall retain all books, documents and other material relevant to this Agreement for a period of six (6) years after expiration of this Agreement. The Contractor agrees that the County shall have full access to and right to examine any of said materials at all reasonable times during said period. B. The Contractor shall: 1. Provide accurate, current, and complete disclosure of the financial status of this Agreement as requested by the County; 2. Identify the source and application of funds for services supported by this Agreement in whole or in part. 3. Maintain internal controls that provide reasonable assurance that the Contractor is managing funds received through this Agreement in compliance with laws, regulations, and the provisions of contracts or grant agreements. 4. Ensure that the funds related to this Agreement are being used appropriately
Sample 1Sample 2
STANDARDS FOR FISCAL ACCOUNTABILITY. A. The Contractor’s fiscal management system shall: 1. Provide accurate, current, and complete disclosure of the financial status of each Contract; 2. Identify the source and application of all funds received for contracted services, distinguish costs of contracted services delivered under the terms of the Contract from all other costs and provide for accounting separation of all funds received; and 3. Report all revenue and expenditures to the Director in a manner consistent with generally accepted accounting principles. B. The Contractor agrees to maintain written accounting procedures. C. The Contractor agrees to: 1. Maintain records and documents that accurately reflect all direct and indirect costs related to the delivery of contracted services; and 2. Retain all fiscal and program records and other material relevant to a Contract according to the federal or state program guidelines. Fiscal records must be retained until all audits are resolved.
Sample 1
STANDARDS FOR FISCAL ACCOUNTABILITY. A. The CONTRACTOR agrees to maintain books, records, reports and other evidence of documents, accounting procedures and practices which sufficiently and properly reflect all direct and indirect costs of any nature expended in performance of this Agreement and in compliance with OMB Circular 133, incorporated herein by reference (xxxx://xxx.xxxxxxxxxx.xxx/omb/circulars/a133_compliance_supplement_2011) . The CONTRACTOR further agrees that the COUNTY shall have the right to monitor and audit the fiscal components of the Agency to ensure that actual expenditures remain consistent with the terms of this Agreement. The CONTRACTOR shall retain all books, documents and other material relevant to this Agreement for a period of five (5) years after expiration of this Agreement. The Agency agrees that the COUNTY shall have full access to and right to examine any of said materials at all reasonable times during said period. B. The CONTRACTOR shall: 1. Provide accurate, current and complete disclosure of the financial status of this Agreement as requested by the COUNTY; 2. Identify the source and application of funds for services supported by this Agreement in whole or in part. 3. Maintain internal controls that provide reasonable assurance that the CONTRACTOR is managing funds received through this Agreement in compliance with laws, regulations, and the provisions of contracts or grant agreements.
Sample 1
STANDARDS FOR FISCAL ACCOUNTABILITY. A. The CONTRACTOR agrees to maintain books, records, reports and other evidence of documents, accounting procedures and practices which sufficiently and properly reflect all direct and indirect costs of any nature expended in performance of this AGREEMENT. The CONTRACTOR further agrees that the COUNTY shall have the right to monitor and audit the fiscal components of the CONTRACTOR to ensure that actual expenditures remain consistent with the terms of this AGREEMENT. The CONTRACTOR shall retain all books, documents and other material relevant to this AGREEMENT for a period of five (5) years after expiration of this AGREEMENT. The CONTRACTOR agrees that the COUNTY shall have full access to and right to examine any of said materials at all reasonable times during said period. B. The CONTRACTOR shall: 1. Provide accurate, current and complete disclosure of the financial status of this AGREEMENT as requested by the COUNTY; 2. Identify the source and application of funds for services supported by this AGREEMENT in whole or in part. 3. Maintain internal controls that provide reasonable assurance that the CONTRACTOR is managing funds received through this AGREEMENT in compliance with laws, regulations, and the provisions of contracts or grant agreements.
Sample 1
STANDARDS FOR FISCAL ACCOUNTABILITY. A. The CONTRACTOR agrees to maintain books, records, reports and other evidence of documents, accounting procedures and practices which sufficiently and properly reflect all direct and indirect costs of any nature expended in performance of this Agreement. The CONTRACTOR further agrees that the COUNTY shall have the right to monitor and audit the fiscal components of the CONTRACTOR to ensure that actual expenditures remain consistent with the terms of this Agreement. The CONTRACTOR shall retain all books, documents and other material relevant to this Agreement for a period of five (5) years after expiration of this Agreement. The CONTRACTOR agrees that the COUNTY shall have full access to and right to examine any of said materials at all reasonable times during said period. B. The CONTRACTOR shall: 1. Provide accurate, current and complete disclosure of the financial status of this Agreement as requested by the COUNTY; 2. Identify the source and application of funds for services supported by this Agreement in whole or in part. 3. Maintain internal controls that provide reasonable assurance that the CONTRACTOR is managing funds received through this Agreement in compliance with laws, regulations, and the provisions of contracts or grant agreements.
Sample 1
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Related to STANDARDS FOR FISCAL ACCOUNTABILITY

  • Health Care Accountability Ordinance If Administrative Code Chapter 12Q applies to this contract, Contractor shall comply with the requirements of Chapter 12Q. For each Covered Employee, Contractor shall provide the appropriate health benefit set forth in Section 12Q.3 of the HCAO. If Contractor chooses to offer the health plan option, such health plan shall meet the minimum standards set forth by the San Francisco Health Commission. Information about and the text of the Chapter 12Q, as well as the Health Commission’s minimum standards, is available on the web at xxxx://xxxxx.xxx/olse/hcao. Contractor is subject to the enforcement and penalty provisions in Chapter 12Q. Any Subcontract entered into by Contractor shall require any Subcontractor with 20 or more employees to comply with the requirements of the HCAO and shall contain contractual obligations substantially the same as those set forth in this Section.

  • Accountability Actuaries and external auditors will be appointed by the Trust. Audited financial statements, and an actuarial evaluation report will be obtained for the Trust on an annual basis. The actuarial report will include projections for the Trust for a period of not less than 3 years into the future.

  • Federal Funding Accountability and Transparency Act (FFATA Subrecipient shall comply with the requirements of 2 CFR part 25 Universal Identifier and System for Award Management (XXX). Subrecipient must have an active registration in XXX, xxxxx://xxx.xxx.gov/XXX/ in accordance with 2 CFR part 25, appendix A, and must have a Data Universal Numbering System (DUNS) number xxxxx://xxxxxx.xxx.xxx/webform/ Subrecipient must also comply with provisions of the Federal Funding Accountability and Transparency Act, which includes requirements on executive compensation, 2 CFR part 170 Reporting Subaward and Executive Compensation Information.

  • Service Accountability Agreements The HSP acknowledges that if the LHIN and the HSP enter into negotiations for a subsequent service accountability agreement, subsequent funding may be interrupted if the next service accountability agreement is not executed on or before the expiration date of this Agreement.

  • Wall Street Transparency and Accountability Act In connection with Section 739 of the Wall Street Transparency and Accountability Act of 2010 (“WSTAA”), the parties hereby agree that neither the enactment of WSTAA or any regulation under the WSTAA, nor any requirement under WSTAA or an amendment made by WSTAA, shall limit or otherwise impair either party’s otherwise applicable rights to terminate, renegotiate, modify, amend or supplement this Confirmation or the Agreement, as applicable, arising from a termination event, force majeure, illegality, increased costs, regulatory change or similar event under this Confirmation, the Equity Definitions incorporated herein, or the Agreement (including, but not limited to, rights arising from Change in Law, Hedging Disruption, Increased Cost of Hedging, an Excess Ownership Position, or Illegality (as defined in the Agreement)).

  • Wall Street Transparency and Accountability Act of 2010 The parties hereby agree that none of (i) Section 739 of the WSTAA, (ii) any similar legal certainty provision included in any legislation enacted, or rule or regulation promulgated, on or after the Trade Date, (iii) the enactment of the WSTAA or any regulation under the WSTAA, (iv) any requirement under the WSTAA or (v) any amendment made by the WSTAA shall limit or otherwise impair either party’s right to terminate, renegotiate, modify, amend or supplement this Confirmation or the Agreement, as applicable, arising from a termination event, force majeure, illegality, increased cost, regulatory change or similar event under this Confirmation, the Equity Definitions or the Agreement (including, but not limited to, any right arising from any Acceleration Event).

  • A Service Accountability Agreement This Agreement is a service accountability agreement for the purposes of the Enabling Legislation.

  • Health Insurance Portability and Accountability Act Grantee certifies that it is in compliance with the Health Insurance Portability and Accountability Act of 1996 (HIPAA), Public Law Xx. 000-000, 00 XXX Parts 160, 162 and 164, and the Social Security Act, 42 USC 1320d-2 through 1320d-7, in that it may not use or disclose protected health information other than as permitted or required by law and agrees to use appropriate safeguards to prevent use or disclosure of the protected health information. Grantee shall maintain, for a minimum of six (6) years, all protected health information.

  • NMHS Governance, Safety and Quality Requirements 2.1 Participates in the maintenance of a safe work environment. 2.2 Participates in an annual performance development review. 2.3 Supports the delivery of safe patient care and the consumers’ experience including participation in continuous quality improvement activities in accordance with the requirements of the National Safety and Quality Health Service Standards and other recognised health standards. 2.4 Completes mandatory training (including safety and quality training) as relevant to role. 2.5 Performs duties in accordance with Government, WA Health, North Metropolitan Health Service and Departmental / Program specific policies and procedures. 2.6 Abides by the WA Health Code of Conduct, Occupational Safety and Health legislation, the Disability Services Act and the Equal Opportunity Act.

  • SMHS Governance, Safety and Quality Requirements 4.1 Participates in the maintenance of a safe work environment. 4.2 Participates in an annual performance development review. 4.3 Supports the delivery of safe patient care and the consumers’ experience including participation in continuous quality improvement activities in accordance with the requirements of the National Safety and Quality Health Service Standards and other recognised health standards. 4.4 Completes mandatory training (including safety and quality training) as relevant to role. 4.5 Performs duties in accordance with Government, WA Health, South Metropolitan Health Service and Departmental / Program specific policies and procedures. 4.6 Abides by the WA Health Code of Conduct, Occupational Safety and Health legislation, the Disability Services Act and the Equal Opportunity Act.

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