Request for Audit. At the discretion of AEA or the IMC or by request of a majority of the Participants, an audit shall be conducted with respect to the matters provided for in this Agreement by independent auditors according to such programs and procedures as agreed to by the Participants, and all Participants shall be furnished copies of the report. The cost of performing such audits shall be shared by the Participants in the same proportion as their MITCR or share of Intertie Capacity share during the period covered by the audit or as determined by the IMC. The Participants, their agents, and any other party involved with the operation of the Intertie, shall provide and/or make available the information and records required for the audit. The cost of any audit required by a Participant that is beyond the above scope deemed necessary by the IMC shall be borne by such Participant.
Appears in 3 contracts
Sources: Alaska Intertie Agreement, Alaska Intertie Agreement (Chugach Electric Association Inc), Alaska Intertie Agreement