Common use of STANDARDS IN PUBLIC LIFE Clause in Contracts

STANDARDS IN PUBLIC LIFE. 15.1 You will ensure that you have at all relevant times appropriate financial accountancy and management information systems or arrangements in place to ensure financial regularity and propriety in the operation of your business. 15.2 We, our authorised representatives and the Auditor may investigate your internal procedures and the probity, economy, efficiency and effectiveness with which you have disbursed the Grant in the delivery of the Project and in connection therewith you will provide copies of all data (in whatever media stored), documentation and information which we, our authorised representatives and/or the Auditor may request. 15.3 You will promptly give us and the Auditor such other information as either shall request in relation to your business, financial systems, controls and financial resources for the purposes of conducting any investigation pursuant to clause 15.2. 15.4 You will maintain an anti-fraud policy and/or anti-fraud procedures and practices which shall be communicated to all employees Subcontractors and Sub-Grantees (where appointed) working on the Project. This policy shall include provision for raising concerns outside your internal management chain directly to us in relation to matters associated with perceived fraudulent activity. 15.5 We may subject any Project records held by you in connection with this Agreement to certification or report by the Auditor and/or other external or government auditors. 15.6 You will allow access by any organisation or organisations selected by us to act as the capacity building deliverer or in order to carry out a qualitative assessment in relation to your internal financial procedures and to carry out audit training (where applicable). 15.7 Where weaknesses are identified in your or your Sub-Grantee's or sub-contractors’ systems of control you will provide to the Auditor and us within four (4) weeks of notification of such weaknesses an action plan response setting out your plans to address those weaknesses. 15.8 You and all persons under your control will act in accordance with ethical business standards and will use appropriate procedures and controls to ensure that real or apparent impropriety is avoided and which prevents any action that may be in conflict or has the appearance of being in conflict with the best interests of the GLA or the Project. This obligation will include precautions to prevent: 15.8.1 the making, providing or offering of gifts, inducements or entertainment of more than £50; and 15.8.2 payments, loans or considerations being made to our members or officers or members or officers of any other public or government or European body or any Auditor as an inducement or reward for any act in relation to obtaining or delivering your obligations under this Agreement or for showing favour in relation to the Project. 15.9 You must inform us, immediately, in writing, if you are charged or convicted (or any of your office holders, directors, officers, employees or representatives are charged or convicted) of any criminal offence related to business, professional conduct or dishonesty. 15.10 Any non-compliance with the requirements of clause 15 shall be a fundamental breach of this Agreement for the purposes of clause 23 (Reduction, Supervision, Withholding and Recovery of Grants) and clause 30 (Termination/Events of Default).

STANDARDS IN PUBLIC LIFE. 15.1 You will ensure that you have at all relevant times appropriate financial accountancy and management information systems or arrangements in place to ensure financial regularity and propriety in the operation of your business. 15.2 We, our authorised representatives representatives, Sponsors and the Auditor may investigate your internal procedures and the probity, economy, efficiency and effectiveness with which you have disbursed the Grant in the delivery of the Project and in connection therewith you will provide copies of all data (in whatever media stored), documentation and information which we, our authorised representatives and/or the Auditor may request. 15.3 You will promptly give us and the Auditor such other information as either shall request in relation to your business, financial systems, controls and financial resources for the purposes of conducting any investigation pursuant to clause 15.2. 15.4 You will maintain an anti-fraud policy and/or anti-fraud procedures and practices which shall be communicated to all employees Subcontractors Sub-contractors and Sub-Grantees (where appointed) working on the Project. This policy shall include provision for raising concerns outside your internal management chain directly to us in relation to matters associated with perceived fraudulent activity. 15.5 We may subject any Project records held by you in connection with this Agreement to certification or report by the Auditor and/or other external or government auditors. 15.6 You will allow access by any organisation or organisations selected by us to act as the capacity building deliverer or in order to carry out a qualitative assessment in relation to your internal financial procedures and to carry out audit training (where applicable). 15.7 Where weaknesses are identified in your or your Sub-Grantee's or sub-contractors’ systems of control you will provide to the Auditor and us within four (4) weeks of notification of such weaknesses an action plan response setting out your plans to address those weaknesses. 15.8 You and all persons under your control will act in accordance with ethical business standards and will use appropriate procedures and controls to ensure that real or apparent impropriety is avoided and which prevents any action that may be in conflict or has the appearance of being in conflict with the best interests of the GLA or the Project. This obligation will include precautions to prevent: 15.8.1 the making, providing or offering of gifts, inducements or entertainment of more than £50; and 15.8.2 payments, loans or considerations being made to our members or officers or members or officers of any other public or government or European body or any Auditor as an inducement or reward for any act in relation to obtaining or delivering your obligations under this Agreement or for showing favour in relation to the Project. 15.9 You must inform us, immediately, in writing, if you are charged or convicted (or any of your office holders, directors, officers, employees or representatives are charged or convicted) of any criminal offence related to business, professional conduct or dishonesty. 15.10 Any non-compliance with the requirements of clause 15 shall be a fundamental breach of this Agreement for the purposes of clause 23 (Reduction, Supervision, Withholding and Recovery of Grants) and clause 30 (Termination/Events of Default).

STANDARDS IN PUBLIC LIFE. 15.1 You will ensure that you have at all relevant times appropriate financial accountancy and management information systems or arrangements in place to ensure financial regularity and propriety in the operation of your business. 15.2 We, our authorised representatives representatives, Sponsors and the Auditor may investigate your internal procedures and the probity, economy, efficiency and effectiveness with which you have disbursed the Grant in the delivery of the Project and in connection therewith you will provide copies of all data (in whatever media stored), documentation and information which we, our authorised representatives and/or the Auditor may request. 15.3 You will promptly give us and the Auditor such other information as either shall request in relation to your business, financial systems, controls and financial resources for the purposes of conducting any investigation pursuant to clause 15.2. 15.4 You will maintain an anti-fraud policy and/or anti-fraud procedures and practices which shall be communicated to all employees Subcontractors employees, sub-contractors and Sub-Grantees (where appointed) working on the Project. This policy shall include provision for raising concerns outside your internal management chain directly to us in relation to matters associated with perceived fraudulent activity. 15.5 We may subject any Project records held by you in connection with this Agreement to certification or report by the Auditor and/or other external or government auditors. 15.6 You will allow access by any organisation or organisations selected by us to act as the capacity building deliverer or in order to carry out a qualitative assessment in relation to your internal financial procedures and to carry out audit training (where applicable). 15.7 Where weaknesses are identified in your or your Sub-Grantee's Grantees’ or sub-contractors’ systems of control you will provide to the Auditor and us within four (4) weeks of notification of such weaknesses an action plan response setting out your plans to address those weaknesses. 15.8 You and all persons under your control will act in accordance with ethical business standards and will use appropriate procedures and controls to ensure that real or apparent impropriety is avoided avoided, and which prevents any action that may be in conflict or has the appearance of being in conflict with the best interests of the GLA or the Project. This obligation will include precautions to prevent: 15.8.1 the making, providing or offering of gifts, inducements or entertainment of more than £50; and 15.8.2 payments, loans or considerations being made to our members or officers or members or officers of any other public or government or European body or any Auditor as an inducement or reward for any act in relation to obtaining or delivering your obligations under this Agreement or for showing favour in relation to the Project. 15.9 You must inform us, immediately, in writing, if you are charged or convicted (or any of your office holders, directors, officers, employees or representatives are charged or convicted) of any criminal offence related to business, professional conduct or dishonesty. 15.10 Any non-compliance with the requirements of clause 15 shall be a fundamental breach of this Agreement for the purposes of clause 23 (Reduction, Supervision, Withholding and Recovery of Grants) and clause 30 (Termination/Events of Default).

STANDARDS IN PUBLIC LIFE. 15.1 You will ensure that you have at all relevant times appropriate financial accountancy and management information systems or arrangements in place to ensure financial regularity and propriety in the operation of your business. 15.2 We, our authorised representatives and the Auditor may investigate your internal procedures and the probity, economy, efficiency and effectiveness with which you have disbursed the Grant in the delivery of the Project and in connection therewith you will provide copies of all data (in whatever media stored), documentation and information which we, our authorised representatives and/or the Auditor may request. 15.3 You will promptly give us and the Auditor such other information as either shall request in relation to your business, financial systems, controls and financial resources for the purposes of conducting any investigation pursuant to clause 15.2. 15.4 You will maintain an anti-fraud policy and/or anti-fraud procedures and practices which shall be communicated to all employees Subcontractors and Sub-Grantees (where appointed) working on the Project. This policy shall include provision for raising concerns outside your internal management chain directly to us in relation to matters associated with perceived fraudulent activity. 15.5 We may subject any Project records held by you in connection with this Agreement to certification or report by the Auditor and/or other external or government auditors. 15.6 You will allow access by any organisation or organisations selected by us to act as the capacity building deliverer or in order to carry out a qualitative assessment in relation to your internal financial procedures and to carry out audit training (where applicable). 15.7 Where weaknesses are identified in your or your Sub-Grantee's or sub-sub- contractors’ systems of control you will provide to the Auditor and us within four (4) weeks of notification of such weaknesses an action plan response setting out your plans to address those weaknesses. 15.8 You and all persons under your control will act in accordance with ethical business standards and will use appropriate procedures and controls to ensure that real or apparent impropriety is avoided and which prevents any action that may be in conflict or has the appearance of being in conflict with the best interests of the GLA LDA or the Project. This obligation will include precautions to prevent: 15.8.1 the making, providing or offering of gifts, inducements or entertainment of more than £50; and 15.8.2 payments, loans or considerations being made to our members or officers or members or officers of any other public or government or European body or any Auditor as an inducement or reward for any act in relation to or obtaining or delivering your obligations under this Agreement or for showing favour in relation to the Project. 15.9 You must inform us, immediately, in writing, if you are charged or convicted (or being a company or body corporate, any of your office holders, directors, officers, employees or representatives are charged or convicted) of any criminal offence related to business, professional conduct or dishonesty. 15.10 Any non-compliance with the requirements of clause 15 15.8 shall be a fundamental breach of this Agreement for the purposes of clause 23 (Reduction, SupervisionSuspension, Withholding and Recovery of Grants) and clause 30 (Termination/Events of Default).