Section GMG.01.12 — Audit

(a) The Commission shall cause to be conducted annually an independent audit of gaming operations and shall submit the resulting audit reports to the NIGC, the Tribal Council and the State Gaming Board. Copies shall also be forwarded to the General Manager. The Tribal/State Compact terms for both financial and security audits shall be followed for the audit of Class III games. The Commission shall be responsible for keeping track of deadlines regarding audits, shall submit requests for proposals to eligible audit firms and shall have the authority to engage an audit firm to comply with the terms of the Compact. All provisions of the Compact shall be adhered to in this process.

(b) All gaming related contracts that result in the purchase of supplies, services, or concessions in excess of twenty-five Thousand Dollars, ($25,000.00) annually, except contracts for professional legal and accounting services, shall be included within the scope of the audit that is described in Section GMG.01.12(a).