4 Miss. Code. R. 3-1.9 - Covenant, Contractual and Memoranda of Understanding Monitoring
(a) On an annual basis, review project
specific covenants, contractual requirements, Memoranda of Understanding and
any side agreements and document the findings of these within the project's
annual report.
(b) Perform a review
of the reserve fund to ensure that the terms of the agreement are being upheld
(where applicable).
(c) Perform
covenant monitoring to ensure that no covenants are being violated by either
party to the agreements.
(d)
Perform insurance monitoring to insure the state is not exposed under the terms
of the various project agreements (where
applicable).
Notes
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No prior version found.