Common use of The Grant Recipient must Clause in Contracts

The Grant Recipient must. 15.25.1 maintain and operate effective monitoring and financial management systems in order to control expenditure and to ensure that the costs of achieving the objectives and activities as set out in any Approved Capital Bid or Approved Revenue Bid can be clearly identified; and 15.25.2 keep a record of Revenue Eligible Expenditure and retain all accounting records relating to that expenditure and income for a period of at least 10 years after the end of Revenue Grant funding; and 15.25.3 make the accounting records available at any reasonable time for inspection by Homes England's Representative and MHCLG’s Representative.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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The Grant Recipient must. 15.25.1 maintain and operate effective monitoring and financial management systems in order to control expenditure and to ensure that the costs of achieving the objectives and activities as set out in any Approved Capital Bid or Approved Revenue Bid can be clearly identified; and 15.25.2 keep a record of Revenue Eligible Expenditure and retain all accounting records relating to that expenditure and income for a period of at least 10 years after the end of Revenue Grant funding; and 15.25.3 make the accounting records available at any reasonable time for inspection by Homes England's Representative and MHCLG’s Representative.

Appears in 1 contract

Samples: Grant Agreement

The Grant Recipient must. 15.25.1 15.24.1 maintain and operate effective monitoring and financial management systems in order to control expenditure and to ensure that the costs of achieving the objectives and activities as set out in any Approved Capital Bid or Approved Revenue Bid can be clearly identified; and 15.25.2 15.24.2 keep a record of Revenue Eligible Expenditure and retain all accounting records relating to that expenditure and income for a period of at least 10 years after the end of Revenue Grant funding; and 15.25.3 15.24.3 make the accounting records available at any reasonable time for inspection by Homes England's Representative and MHCLG’s Representative.

Appears in 1 contract

Samples: Grant Agreement

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The Grant Recipient must. 15.25.1 ‌ 15.24.1 maintain and operate effective monitoring and financial management systems in order to control expenditure and to ensure that the costs of achieving the objectives and activities as set out in any Approved Capital Bid or Approved Revenue Bid can be clearly identified; and 15.25.2 15.24.2 keep a record of Revenue Eligible Expenditure and retain all accounting records relating to that expenditure and income for a period of at least 10 years after the end of Revenue Grant funding; and 15.25.3 15.24.3 make the accounting records available at any reasonable time for inspection by Homes England's Representative and MHCLG’s Representative.

Appears in 1 contract

Samples: Grant Agreement

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