Consent Review (Optional Deliverable. Upon written request from the County Project Manager, Vendor shall perform the services in this Section R for the fiscal years referenced in the request. 1. The County (including its component units) may offer short-term tax and revenue anticipation notes and/or commercial paper borrowings, and is exploring various capital improvement financing plans, pension obligation bonds, and other long and short-term financing options which may include general obligation and revenue bonds, lease-purchase financings, taxable bond issues, or Certificates of Participation. As part of these processes, the County wishes to include its financial statements, and the Vendor’s opinion thereon, within the official statements for such offerings. ▇▇▇▇ ▇▇▇▇▇ Airport and the OC Waste & Recycling Department may wish to use their own financial statements for such borrowings. 2. The Vendor shall perform a consent review upon request of the Auditor-Controller as necessary to allow the use of the Vendor’s opinion in the official statements for such borrowings. The consent review shall be conducted as promptly as possible within the time frame requested by the Auditor-Controller. Following the consent review, the Vendor will manually sign a document authorizing the County to use the Vendor’s opinion in connection with any borrowing.
Appears in 2 contracts
Sources: Independent Auditing Agreement, Independent Auditing Agreement
Consent Review (Optional Deliverable. Upon written request from the County Project Manager, Vendor Contractor shall perform the services in this Section R Q for the fiscal years referenced in the request.
1. The County (including its component units) may offer short-term tax and revenue anticipation notes and/or commercial paper borrowings, and is exploring various capital improvement financing plans, pension obligation bonds, and other long and short-term financing options which may include general obligation and revenue bonds, lease-purchase financings, taxable bond issues, or Certificates of Participation. As part of these processes, the County wishes to include its financial statements, and the VendorContractor’s opinion thereon, within the official statements for such offerings. ▇▇▇▇ ▇▇▇▇▇ Airport and the OC Waste & Recycling Department may wish to use their own financial statements for such borrowings.
2. The Vendor Contractor shall perform a consent review upon request of the Auditor-Controller as necessary to allow the use of the VendorContractor’s opinion in the official statements for such borrowings. The consent review shall be conducted as promptly as possible within the time frame requested by the Auditor-Controller. Following the consent review, the Vendor Contractor will manually sign a document authorizing the County to use the VendorContractor’s opinion in connection with any borrowing.
Appears in 1 contract
Sources: Independent Auditing and Related Services Agreement