USES IN ITS PERFORMANCE OF SUCH
COMMERCIAL OPERATIONS TASKS) AND SUCH OTHER FACILITIES AS THE AUTHORITY OR
AUTHORITY AGENT MAY REASONABLY REQUIRE FOR THE PURPOSES OF EXERCISING THE
AUTHORITY'S RIGHTS OF ACCESS, INSPECTION AND AUDIT PURSUANT TO THIS CLAUSE 4.5
(INSPECTION AND AUDIT).
ALL ACCOMMODATION PROVIDED SHALL BE ADEQUATELY
FURNISHED, LIT, HEATED AND VENTILATED AND SHALL INCLUDE SUITABLE ACCESS TO
CLOAKROOMS AND IT AND COMMUNICATION FACILITIES.
4.5.10
CO-OPERATION WITH REGULATORS
The Authority undertakes to the Contractor that it will co-operate with the
Regulators in exercising its rights under this Contract and will use reasonable
endeavours to synchronise the Authority's audits and inspections with those of
the Regulators where reasonably practical.
4.5.11
EXAMINATION BY NATIONAL AUDIT OFFICE
For the purpose of:
THE EXAMINATION AND CERTIFICATION OF THE ACCOUNTS
OF THE AUTHORITY; OR
ANY EXAMINATION PURSUANT TO SECTION 6(1) OF THE
NATIONAL AUDIT ACT 1983, OR ANY RE-ENACTMENT THEREOF, OF THE ECONOMY, EFFICIENCY
AND EFFECTIVENESS WITH WHICH THE AUTHORITY HAS USED ITS RESOURCES.
the Comptroller and Auditor General may examine such documents relating to
expenditure and income as he may reasonably require which are owned, held or
otherwise within the control of the Contractor and may require the Contractor to
produce such oral or written explanations as he considers necessary.
The
Contractor agrees that they will make such documentation available to the
Comptroller and Auditor General.
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4.5.12
AUDIT FINDINGS AND CORRECTIVE ACTION
THE CONTRACTOR SHALL BE ENTITLED TO RECEIVE A COPY
OF THE AUTHORITY'S AUDIT FINDINGS ONCE COMPLETED IN RELATION TO ANY AUDIT
CARRIED OUT IN ACCORDANCE WITH THIS CLAUSE 4.5 (INSPECTION AND AUDIT), SUBJECT
TO ANY REDACTION REASONABLY REQUESTED BY AN AUTHORITY AGENT.
WITHIN THIRTY (30) CALENDAR DAYS OF THE
CONTRACTOR'S RECEIPT OF THE AUDIT FINDINGS, THE PARTIES SHALL HOLD AN AUDIT
CLOSE-OUT MEETING.
AT THE AUDIT CLOSE-OUT MEETING, AND WHERE
APPLICABLE, THE CONTRACTOR SHALL HAVE THE OPPORTUNITY TO DEMONSTRATE TO THE
SATISFACTION OF THE AUTHORITY THAT SOME OR ALL OF THE RELEVANT AUDIT FINDINGS
ARE INCORRECT.
IF, AT THE AUDIT CLOSE-OUT MEETING, THE AUTHORITY
CONSIDERS THAT CERTAIN CORRECTIVE ACTION IS REQUIRED, THE CONTRACTOR SHALL
WITHIN THIRTY (30) CALENDAR DAYS OF THE AUDIT CLOSE-OUT MEETING (OR SUCH OTHER
DATE AS AGREED BETWEEN THE PARTIES) EITHER:
.1
CARRY OUT THE CORRECTIVE ACTION; OR
.2
PROPOSE TO THE AUTHORITY, AND
OBTAIN THE AUTHORITY'S APPROVAL FOR, A PLAN FOR CARRYING OUT THE CORRECTIVE
ACTION.
4.5.13
WHERE THE CONTRACTOR PROPOSES A PLAN FOR THE CORRECTIVE
ACTION IN ACCORDANCE WITH CLAUSE .2 ABOVE, THE AUTHORITY SHALL HAVE
THIRTY (30) CALENDAR DAYS TO NOTIFY THE CONTRACTOR WHETHER IT ACCEPTS SUCH
PROPOSED PLAN FOR THE CORRECTIVE ACTION (SUCH ACCEPTANCE NOT TO BE UNREASONABLY
WITHHELD). FAILURE OF THE AUTHORITY TO PROVIDE SUCH NOTIFICATION WITHIN THE
ABOVE PERIOD SHALL CONSTITUTE DEEMED ACCEPTANCE BY THE AUTHORITY. WHERE THE
AUTHORITY ACCEPTS OR IS DEEMED TO ACCEPT THE CONTRACTORS' PLAN THE CONTRACTOR
SHALL UPON SUCH ACCEPTANCE OR DEEMED ACCEPTANCE IMPLEMENT THE PLAN FOR THE
CORRECTIVE ACTION. WHERE THE AUTHORITY NOTIFIES THE CONTRACTOR THAT IT