Reporting and Auditing Requirements Sample Clauses

The Reporting and Auditing Requirements clause establishes the obligations of a party to provide regular reports and permit audits related to their performance or compliance under the agreement. Typically, this clause specifies the type and frequency of reports to be submitted, such as financial statements or progress updates, and grants the other party the right to review records or conduct audits, often with advance notice. Its core function is to ensure transparency and accountability, allowing the non-reporting party to verify compliance and detect any discrepancies or issues early.
Reporting and Auditing Requirements. As well as conferring with the DNR Supervisor, the Grantee will maintain financial and progress reports. Reports will be accompanied by documentation showing that the charges are for allowable purposes and that the expenditure listings are accurate and suitable for audit. In addition to the summary documentation submitted to the Department, (listed in Section
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Reporting and Auditing Requirements. As well as conferring with the DNR Grant Supervisor, the Grantee will maintain financial and progress reports. Reports will be accompanied by documentation showing that the charges are for allowable purposes and that the expenditure listings are accurate and suitable for audit. In addition to the summary documentation submitted to the DNR, (listed in Section 2) the Grantee will keep complete financial records such that all charges, whether paid from grant funds or from the Grantee's matching funds, can be readily traced to their origins. Basic documents required to be maintained for audit include but are not limited to the landowner ▇▇▇▇▇▇▇▇ and receivable and vouchers authorizing payments charged to this program. The Grantee's report(s) will be submitted on forms supplied by the DNR. The project and related reports are subject to audit by both the DNR and the USDA Forest Service. This may include both financial and program audits. Grantees receiving $750,000 or more of federal assistance in one year must comply with the Single Audit Act of 1984, which includes an audit prepared by a recognized independent certified public accountant. A copy of this report must be submitted to the DNR.
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Reporting and Auditing Requirements. As well as conferring with the DNR Supervisor, the Grantee will file a final financial and program report. The reports will be submitted upon completion of the project. The reports shall specify total expenditures, broken down as to the federal portion and the Grantee's share of costs. Total expenditures will be broken down by major budget categories. Reports will be accompanied by documentation showing that the charges are for allowable purposes and that the expenditure listings are accurate and suitable for audit. In addition to the summary documentation submitted to the Department, the Grantee will keep complete financial records such that all charges, whether paid from grant funds or from the Grantee's matching funds, can be readily traced to their origins. Basic documents required to be maintained for audit include purchase orders, vouchers authorizing payments, time records for individual employees' and volunteers' hours charged to this program. The Grantee's progress report(s) will be submitted on forms supplied by the Department. Supplementary information summarizing accomplishments will be included in narrative form. The project and related reports are subject to audit by the Department. This may include both financial audits and site visits.
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Reporting and Auditing Requirements a. Grantee shall be responsible to Washoe County for providing Project status reports quarterly, and a final report within sixty (60) days after completion of the Project. Quarterly reports due dates are: Jan.-March activity due April 15 April-June activity due June 15 July-Sept. activity due Sept. 15 Oct.-Dec. activity due Jan. 15 Quarterly reports will provide Project status, brief statements that will address any problems encountered, time delays expected and any adjustments to the completion date, and financial status. The final report shall provide a description of the fully completed Project. Attached to final report shall be a final accounting and exact itemization of total project revenue and expenditures, with a list of all check numbers, amounts and payees. The first report will be due with the first quarterly invoice and quarterly thereafter. b. All accounting documentation must be maintained by Grantee and is subject to audit by any of Grantors agents. Grantee must maintain and make available its books, files and records to facilitate any such audit. Grantee must comply with and fully participate with any federal, state or local audit requirements. Grantor reserves the right to request additional documentation from Grantee regarding revenues or expenditures. Grantor reserves the right to reject all or part of any proffered documentation of recipient’s expenditures that does not materially comply with State policies and procedures. Improperly or insufficiently matched State Bond Funds will be subject to repayment by the recipient (from non-State Question 1 sources), in part or in total. c. ▇▇▇▇▇▇▇ agrees to maintain all records relevant to its State Question 1 Rock Park Restroom Project for which funds were allocated in accordance with NRS Chapter 239; additionally, recipient must keep records at least six (6) years from the end of the state fiscal year (July- June) in which the project was completed. If any litigation concerning the project is begun before the expiration of this six (6) year period, the individual file must be retained for six
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Reporting and Auditing Requirements. 7.1 For each month in which Distributor distributes at least one copy of one Product, Distributor shall, with respect to each new license, provide ONYX: (i) name, address, and contact of the End-User; (ii) operating environments(s), projected installation date, and effective date of Product(s) Maintenance; and (iii) amount of license or Maintenance payments due from End-User to Distributor. Regardless of the number of licenses granted, Distributor shall provide ONYX a written summary of Product(s) sold for each quarter of Distributor's fiscal year. Such summary shall include year-to-date Payments and additional fees remitted to ONYX, taxes remitted to ONYX or the appropriate taxing authority which are associated with each End-User License Agreement, as well as the monthly totals of such payments, fees and taxes remitted by Distributor for that quarter. 7.2 Upon prior notice, ONYX or its independent accountants may examine, during normal Distributor business hours, Distributor's books and records to verify any amounts due, payable, and/or paid under this Agreement. If Distributor undergoes a certified audit, such audit shall, at ONYX's option and expense, verify the respective Payments and other fees and taxes due, payable and/or paid hereunder. Failure by Distributor to notify ONYX in a timely manner of the acquisition of additional licenses by an End-User shall constitute a breach of Distributor's material obligations under this Agreement.
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Related to Reporting and Auditing Requirements

  • Reporting Requirements The Company, during the period when the Prospectus is required to be delivered under the 1933 Act or the 1934 Act, will file all documents required to be filed with the Commission pursuant to the 1934 Act within the time periods required by the 1934 Act and the 1934 Act Regulations.

  • Additional Reporting Requirements Contractor agrees to submit written quarterly reports to H-GAC detailing all transactions during the previous three (3) month period. Reports must include, but are not limited, to the following information: a. Customer Name b. Product/Service purchased, including Product Code if applicable c. Customer Purchase Order Number

  • General Reporting Requirements The MA-PD Sponsor agrees to submit to information to CMS according to 42 CFR §§423.505(f), 423.514, and the "Final Medicare Part D Reporting Requirements," a document issued by CMS and subject to modification each program year.

  • Child Abuse Reporting Requirements A. Grantees shall comply with child abuse and neglect reporting requirements in Texas Family Code Chapter 261. This section is in addition to and does not supersede any other legal obligation of the Grantee to report child abuse. B. Grantee shall use the Texas Abuse Hotline Website located at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/Login/Default.aspx as required by the System Agency. Grantee shall retain reporting documentation on site and make it available for inspection by the System Agency.

  • Reporting Requirement (1) In the event the Contractor identifies covered telecommunications equipment or services used as a substantial or essential component of any system, or as critical technology as part of any system, during contract performance, or the Contractor is notified of such by a subcontractor at any tier or by any other source, the Contractor shall report the information in paragraph (d)(2) of this clause to the Contracting Officer, unless elsewhere in this contract are established procedures for reporting the information; in the case of the Department of Defense, the Contractor shall report to the website at ▇▇▇▇▇://▇▇▇▇▇▇.▇▇▇.▇▇▇. For indefinite delivery contracts, the Contractor shall report to the Contracting Officer for the indefinite delivery contract and the Contracting Officer(s) for any affected order or, in the case of the Department of Defense, identify both the indefinite delivery contract and any affected orders in the report provided at ▇▇▇▇▇://▇▇▇▇▇▇.▇▇▇.▇▇▇. (2) The Contractor shall report the following information pursuant to paragraph (d)(1) of this clause (i) Within one business day from the date of such identification or notification: the contract number; the order number(s), if applicable; supplier name; supplier unique entity identifier (if known); supplier Commercial and Government Entity (CAGE) code (if known); brand; model number (original equipment manufacturer number, manufacturer part number, or wholesaler number); item description; and any readily available information about mitigation actions undertaken or recommended. (ii) Within 10 business days of submitting the information in paragraph (d)(2)(i) of this clause: any further available information about mitigation actions undertaken or recommended. In addition, the Contractor shall describe the efforts it undertook to prevent use or submission of covered telecommunications equipment or services, and any additional efforts that will be incorporated to prevent future use or submission of covered telecommunications equipment or services.