The Contracts Audit Unit is a specialized oversight unit concerned with reviewing and auditing contracts and agreements concluded by the institution with various parties.

• The unit aims to ensure the soundness of the legal and administrative procedures followed in preparing contracts.
• It verifies the compliance of contracts with applicable laws, regulations, and instructions.
• It reviews contract clauses to ensure clarity and the absence of ambiguity or conflict.
• It contributes to protecting the institution’s rights and reducing legal and financial risks.
• It ensures that all required official approvals are obtained prior to contract execution.
• It reviews the financial aspects of contracts and verifies their compliance with approved allocations.
• It monitors the commitment of contracting parties to the specified terms and obligations.
• It contributes to the early detection of violations or contractual loopholes.
• It audits award decisions, annex contracts, and contractual amendments.
• It coordinates with relevant legal, financial, and technical departments.
• It prepares periodic reports that include necessary observations and recommendations.
• It contributes to improving the efficiency of contract management within the institution.
• It supports senior management in making contract-related decisions.
• It works to standardize contract templates in accordance with approved standards.
• It contributes to ensuring transparency and integrity in contracting procedures.
• It maintains the confidentiality of contractual information and documents.
• It supports internal and external audit requirements related to contracts.
• It contributes to reducing potential legal disputes.
• It plays a pivotal role in enhancing good governance within the institution.