Common use of Third Party Audit Clause in Contracts

Third Party Audit. If Regional Water Board staff obtains information that causes staff to reasonably believe that the Discharger or Implementing Party has not expended money in the amounts claimed by SVCSD or Implementing Party, or has not adequately completed any of the work in the SEP, Regional Water Board staff may require, and the Discharger shall submit, at its sole cost, a report prepared by an independent third party acceptable to Regional Water Board staff providing such party’s professional opinion that the Discharger and/or the Implementing Party has expended money in the amounts claimed by the Discharger. In the event of such an audit, the Discharger and the Implementing Party agree that they will provide the third-party auditor with access to all documents which the auditor requests. Such information shall be provided to Regional Water Board Staff within three months of the completion of the Discharger’s SEP obligations.

Third Party Audit. If Regional Water Board staff obtains information that causes staff it to reasonably believe that the Discharger Settling Respondent or Implementing Party has not expended money in the amounts claimed by SVCSD Settling Respondent or Implementing Party, or has not adequately completed any of the work in the SEP, Regional Water Board staff may require, and the Discharger Settling Respondent shall submit, at its sole cost, a report prepared by an independent third party acceptable to Regional Water Board staff providing such party’s professional opinion that the Discharger Settling Respondent and/or the Implementing Party has expended money in the amounts claimed by the DischargerSettling Respondent. In the event of such an audit, the Discharger Settling Respondent and the Implementing Party agree that they will provide the third-party auditor with access to all documents which the auditor requests. Such information shall be provided to Regional Water Board Staff within three months of the completion of the DischargerSettling Respondent’s SEP obligations.