Common use of Metrics Clause in Contracts

Metrics. Metrics are expectations set forth in evaluating a measure. For example, to evaluate the question, “Is the school following Generally Accepted Accounting Principles?” Examples of metrics for this measure are:  An unqualified audit opinion  An audit devoid of significant findings and conditions, material weaknesses, or significant internal control weaknesses  An audit that does not include a going concern disclosure in the notes or an explanatory paragraph within the audit report Throughout the Organizational Framework, we set forth the metrics for evaluating the different measures within the “Meets Standard” rating.

Metrics. Metrics are expectations set forth in evaluating a measure. For example, to evaluate the question, “Is the school following Generally Accepted Accounting Principles?” Examples of metrics for this measure are:  • An unqualified audit opinion  • An audit devoid of significant findings and conditions, material weaknesses, or significant internal • control weaknesses  • An audit that does not include a going concern disclosure in the notes or an explanatory paragraph within the audit report Throughout the Organizational Framework, we set forth the metrics for evaluating the different measures within the “Meets Standard” rating.

Metrics. Metrics are expectations set forth in evaluating a measure. For example, to evaluate the question, “Is the school following Generally Accepted Accounting Principles?” Examples of metrics for this measure are:  • An unqualified audit opinion  • An audit devoid of significant findings and conditions, material weaknesses, or significant internal control weaknesses  • An audit that does not include a going concern disclosure in the notes or an explanatory paragraph within the audit report Throughout the Organizational Framework, we set forth the metrics for evaluating the different measures within the “Meets Standard” rating.