Common use of AUDITING AND ASSURANCE Clause in Contracts

AUDITING AND ASSURANCE. 8.1. The Gateway and/or DWP may request, and the Employer will provide, independent assurance that the Funding has been used for delivery of the Funded Activities. To satisfy this requirement, the Employer will provide a report from an pg. 12 independent and appropriately qualified auditor certifying whether the Funding paid to the Employer was applied in accordance with this Kickstart Employer Agreement. 8.2. The Gateway and/or DWP may, at any time during and up to seven years after the end of this Kickstart Employer Agreement, conduct audits and reviews of the delivery and performance of the Funded Activities and / or request additional information related to the Funded Activities or the performance of this Kickstart Employer Agreement where the Gateway or DWP considers it necessary. The Employer grants the Gateway and its Representatives, and DWP and its representatives, full access, as required, to all Funded Activities’ sites, accounts and relevant records. Copies of such accounts and records may be taken. 8.3. If the Gateway or DWP reasonably requires further information, explanations and documents to establish that the Funding has been used properly in accordance with this Kickstart Employer Agreement, the Employer will, within 5 Working Days of a request, provide the requested information, explanations and documents. 8.4. The Employer shall keep accurate and up-to-date accounts and records of the receipt and expenditure of the Funding received by it. The Employer shall retain all invoices, receipts, accounting records and any other documentation (including correspondence) relating to the Eligible Expenditure and income generated by the Funded Activities during the Funding Period and for a period of seven years from the date on which the Funding Period ends.

AUDITING AND ASSURANCE. pg. 13 8.1. The Gateway and/or DWP may request, and the Employer will provide, independent assurance that the Funding has been used for delivery of the Funded Activities. To satisfy this requirement, the Employer will provide a report from an pg. 12 independent and appropriately qualified auditor certifying whether the Funding paid to the Employer was applied in accordance with this Kickstart Employer Agreement. 8.2. The Gateway and/or DWP may, at any time during and up to seven years after the end of this Kickstart Employer Agreement, conduct audits and reviews of the delivery and performance of the Funded Activities and / or request additional information related to the Funded Activities or the performance of this Kickstart Employer Agreement where the Gateway or DWP considers it necessary. The Employer grants the Gateway and its Representatives, and DWP and its representatives, full access, as required, to all Funded Activities’ sites, accounts and relevant records. Copies of such accounts and records may be taken. 8.3. If the Gateway or DWP reasonably requires further information, explanations and documents to establish that the Funding has been used properly in accordance with this Kickstart Employer Agreement, the Employer will, within 5 Working Days of a request, provide the requested information, explanations and documents. 8.4. The Employer shall keep accurate and up-to-date accounts and records of the receipt and expenditure of the Funding received by it. The Employer shall retain all invoices, receipts, accounting records and any other documentation (including correspondence) relating to the Eligible Expenditure and income generated by the Funded Activities during the Funding Period and for a period of seven years from the date on which the Funding Period ends.