Common use of Third Party Contracting Clause in Contracts

Third Party Contracting. If a federal or state audit indicates that payments to a third party contractor fail to comply with applicable federal or state laws, rules or regulations, SUBRECIPIENT shall refund and pay to AUTHORITY any compensation paid to the contractor arising from such noncompliance, plus costs, including audit costs.

Appears in 2 contracts

Sources: Funding Agreement, Funding Agreement