BOARD GOVERNANCE, RESPONSIBILITIES, AND TRANSPARENCY Sample Clauses

The 'Board Governance, Responsibilities, and Transparency' clause defines the structure, duties, and disclosure obligations of a company's board of directors. It typically outlines how the board is formed, the specific roles and responsibilities of its members, and the standards for reporting and sharing information with stakeholders. By establishing clear governance procedures and transparency requirements, this clause ensures accountability, promotes ethical decision-making, and helps prevent conflicts of interest within the organization.
BOARD GOVERNANCE, RESPONSIBILITIES, AND TRANSPARENCY a. The Board shall ensure that the local area designation complies with the requirements outlined in the federal law (WIOA) and applicable state policy. b. The following information must be posted on the Board’s website in a manner easily accessed by the public: i. Notice of all Board meetings at least seven days before the meeting is to occur. Notice of special board meetings must be posted at least 72 hours before the meeting is to occur. ii. Current employee positions and salary information for each position (including performance bonuses). iii. A plain language version of any contract that is estimated to exceed $35,000 with a private entity, municipality, city, town, or vendor of services, supplies, or programs, including marketing, or for the purchase or lease or use of lands, facilities, or properties for the five most recent years. iv. A list of all current board members, company or entity that the Board member is employed by or owns, and their terms of service. v. Interlocal agreement(s), as applicable. vi. Single Audit for the two most recent years. vii. Board meeting and committee minutes within 15 days of Board approval with two most recent years of board meeting minutes posted on the website. viii. Tax return for the two most recent years. ix. All active agreements with another board that delegates partial or complete responsibility for any duties the Board is expected, required, or mandated to perform under this Agreement or WIOA, even if the cost is not expected to exceed $35,000. c. The Board shall comply with the requirements of 2 CFR 25 Universal Identifier and System for Award Management (▇▇▇). The Subrecipient must have an active registration in ▇▇▇ in accordance with 2 CFR part 25, appendix A, and must have a Data Universal Numbering System number. The Subrecipient must also comply with provisions of the Federal Funding Accountability and Transparency Act, which includes requirements on executive compensation and 2 CFR 170 Reporting Subaward and Executive Compensation Information. d. In compliance with sections 39.201 and 415.1034, Florida Statutes, if the Board, its agents, employees, contractors, subcontractors or any other entity performing the services on behalf of the Board, knows or has reasonable cause to suspect that a child, aged person, or disabled adult is or has been abused, neglected, or exploited, the Board agrees to immediately report such knowledge or suspicion to the Florida Abuse Hotline by calling 1-800- 96ABUSE, or ...
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BOARD GOVERNANCE, RESPONSIBILITIES, AND TRANSPARENCY a. The Board shall ensure that the local area designation complies with the requirements outlined in WIOA and applicable state policy. b. The following information must be posted on the Board’s website in a manner easily accessed by the public:
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BOARD GOVERNANCE, RESPONSIBILITIES, AND TRANSPARENCY a. The Board shall ensure that the local area designation complies with the requirements outlined in the federal law (WIOA) and applicable state policy. b. The following information must be posted on the Board’s website in a manner easily accessed by the public: i. Notice of all Board meetings at least seven days before the meeting is to occur. Notice of special board meetings must be posted at least 72 hours before the meeting is to occur. ii. Employee positions and salary information for each position (including any benefits and performance bonuses). iii. A plain language version of any contract that is estimated to exceed $35,000 with a private entity, municipality, city, town, or vendor of services, supplies, or programs, including marketing, or for the purchase or lease or use of lands, facilities, or properties. iv. A list of all Board members, company or entity that the Board member is employed by or owns, and their terms of service. v. Interlocal agreement(s), as applicable vi. Single Audit for the last two years. vii. Board meeting minutes within 15 days of Board approval. viii. All active agreements with another board that delegates partial or complete responsibility for any duties the Board is expected, required, or mandated to perform under this Agreement or WIOA, even if the cost is not expected to exceed $35,000. c. The Board shall comply with the requirements of 2 CFR 25 Universal Identifier and System for Award Management (▇▇▇). The Subrecipient must have an active registration in ▇▇▇ in accordance with 2 CFR part 25, appendix A, and must have a Data Universal Numbering System number. The Subrecipient must also comply with provisions of the Federal Funding Accountability and Transparency Act, which includes requirements on executive compensation and 2 CFR 170 Reporting Subaward and Executive Compensation Information. d. In compliance with sections 39.201 and 415.1034, Florida Statutes, if the Board knows or has reasonable cause to suspect that a child, aged person, or disabled adult is or has been abused, neglected, or exploited, the Board agrees to immediately report such knowledge or suspicion to the Florida Abuse Hotline by calling 1-800-96ABUSE, or via the web reporting option at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇▇▇.▇▇.▇▇/abuse/report, or via fax at ▇-▇▇▇-▇▇▇-▇▇▇▇. e. Consistent with 2 CFR 200.113, the Board must, within one business day of discovery, disclose any violation of federal criminal law involving fraud, bribery, or gratuity violations potent...
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BOARD GOVERNANCE, RESPONSIBILITIES, AND TRANSPARENCY a. The Board shall ensure that the local area designation complies with the requirements outlined in the federal law (WIOA) and applicable state policy. b. The following information must be posted on the Board’s website in a manner easily accessed by the public: i. Notice of all Board meetings at least seven days before the meeting is to occur. Notice of special board meetings must be posted at least 72 hours before the meeting is to occur. ii. Current Eemployee positions and salary information for each position (including any benefits and performance bonuses). iii. A plain language version of any contract that is estimated to exceed $35,000 with a private entity, municipality, city, town, or vendor of services, supplies, or programs, including marketing, or for the purchase or lease or use of lands, facilities, or properties for the last five most recent years. iv. A list of all current Bboard members, company or entity that the Board member is employed by or owns, and their terms of service. v. Interlocal agreement(s), as applicable. vi. Single Audit for the last two most recent years. vii. Board meeting and committee minutes within 15 days of Board approval with last two most recent years of board meeting minutes posted on the website.
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BOARD GOVERNANCE, RESPONSIBILITIES, AND TRANSPARENCY a. The Board shall ensure that the local area designation complies with the requirements outlined in the federal law (\\/JOA) and applicable state policy. b. The following information must be posted on the Board's website in a manner easily accessed by the public: 1. Notice of all Board meetings at least seven days before the meeting is to occur. Notice of special board meetings must be posted at least 72 hours before the meeting is to occur.
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