Additional Audits. 40.16.1. In addition to the above, where Transnet has reasonable grounds to believe that the Service Provider is not complying with its obligations under this Agreement, it shall, at its cost, be entitled to carry out further audit exercises relating to the Services, to verify compliance with the terms of the Agreement. 40.16.2. The Service Provider shall grant Transnet full and complete access to its facilities, books, records and other documents as they relate to this Agreement, and obtain Subcontractors’ documents and/or evidence on 40.16.3. If any such audit reveals that the Service Provider has overcharged Transnet by any amount during the period to which the audit relates (as determined prior to the commencement of the audit), then the Service Provider promptly shall set off overcharges to Transnet in the following month’s invoice and in addition, shall be liable to pay Transnet an amount equal to 15% (fifteen percent) of the total overcharged amount.
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