Common use of TRACEABILITY OF FINANCIAL FLOWS Clause in Contracts

TRACEABILITY OF FINANCIAL FLOWS. In the event that the Supplier Italy is awarded a public sector contract which Supplier Italy will fulfill through this Agreement, following article 3 of law No. 136/2010 and following amendments, the parties agree on assuming all the obligations set forth in this article in relation to the traceability of financial flows. Should the parties not to be in compliance with these obligations, this Agreement shall be considered as null and void. The parties agree to communicate to the public sector Supplier Italy and to the relevant territorial Prefect’s office, possible infringements of the above-mentioned obligations.