Common use of Audit Plan Clause in Contracts

Audit Plan. The Government will develop, adopt and implement a plan, in accordance with the MCC Audit Guidelines (to the extent applicable to the Threshold Program and as may be further instructed by MCC from time to time), for the audit of the expenditures of the entities that are subject to audit pursuant to the MCC Audit Guidelines (the “Audit Plan”). The Audit Plan will be in form and substance satisfactory to MCC and will be developed no later than sixty days before the end of the first period to be audited. Unless MCC agrees otherwise in writing, the Government will engage one or more auditors as contemplated in the MCC Audit Guidelines (each, an “Auditor”) to undertake the audits contemplated by the Audit Plan.

Audit Plan. The Government will develop, adopt and implement a plan, in accordance with the MCC Audit Guidelines (to the extent applicable to the Threshold Program and as may be further instructed by MCC from time to time), for the audit of the expenditures of the entities that are subject to audit pursuant to the MCC Audit Guidelines (the “Audit Plan”). The Audit Plan will be in form and substance satisfactory to MCC and will be developed no later than sixty (60) days before the end of the first period to be audited. Unless MCC agrees otherwise in writing, the Government will engage one or more auditors as contemplated in the MCC Audit Guidelines (each, an “Auditor”) to undertake the audits contemplated by the Audit Plan.