Contract Audit Agency
/ˈkɒn.trækt ˈɔː.dɪt ˈeɪ.dʒən.si/
Definitions
- (n.) A governmental or authorized body responsible for examining, verifying, and evaluating contracts, primarily to ensure compliance, accuracy, and fiscal responsibility.
The contract audit agency identified discrepancies in the vendor's billing statements.
Forms
- contract audit agency
- contract audit agencies
Related terms
See also
Commentary
The term typically appears in governmental and procurement contexts, emphasizing auditing standards and regulatory compliance.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.