Common use of Financial Records Reports and Monitoring Clause in Contracts

Financial Records Reports and Monitoring. Section 1002.33(5)(b)1.b., Florida Statutes, requires the Sponsor to monitor the revenues and expenditures of the School.

Financial Records Reports and Monitoring. Section 1002.33(5)(b)1.b.1002.33(5)(b), Florida Statutes, requires the Sponsor to monitor the revenues and expenditures of the School. The parties agree that the Sponsor, with reasonable notice, may request at any time, and the School shall promptly provide, reports on the School’s operations in a format acceptable to the Sponsor. Such reports shall be in addition to those required below.

Financial Records Reports and Monitoring. Section 1002.33(5)(b)1.b.1002.33(5)(b), Florida Statutes, requires the Sponsor to monitor the revenues and expenditures of the School. The parties agree that the Sponsor, with reasonable notice and specific justification in writing, may request at any time, and the School shall promptly provide, reports on the School’s operations in a format acceptable to the Sponsor. Such reports shall be in addition to those required below.