Common use of Monitoring Function Clause in Contracts

Monitoring Function. C-1. 4.1 Within 30 days after execution and annually thereafter no later than July 31, the Managing Entity shall submit a Network Service Provider Management Plan for Department approval. The plan shall include: C-1.4.1.1 A Risk Assessment to develop an annual monitoring schedule. C-1.4.1.2 A statistically valid sampling methodology to ensure that Network Service Providers have an onsite monitoring by the Managing Entity at least once every three years, if accredited. C-1.4.1.3 The monitoring schedule shall distinguish between onsite monitoring and desk reviews. C-1.4.1.4 The development of policies, procedures, and tools for the scope of monitoring, which shall include: C-1.4.1.4.1 General Contract monitoring that will include: C-1.4.1.4.1.1 Fiscal stability,

Monitoring Function. C-1. 4.1 Within 30 days after execution and annually thereafter no later than July 31, the Managing Entity shall submit a Network Service Provider Management Monitoring Plan for Department approval. The plan shall include: C-1.4.1.1 A Risk Assessment to develop an annual monitoring schedule. C-1.4.1.2 A statistically valid sampling methodology to ensure that Network Service Providers have an onsite monitoring by the Managing Entity at least once every three years, if accredited. C-1.4.1.3 The monitoring schedule shall distinguish between onsite monitoring and desk reviews. C-1.4.1.4 The development of policies, procedures, and tools for the scope of monitoring, which shall include: C-1.4.1.4.1 General Contract monitoring that will include: C-1.4.1.4.1.1 Fiscal stability,