GITBOOK-1015: No subject

Author: GemmaDakin

legal/policies-and-conditions/intersect-administration-policies/administration-financial-audit-policy.md

@@ -30,7 +30,7 @@ This policy is founded on principles of openness, accountability, and the right
 
 **10. Definitions:**
 
-* **Beneficiary:** Individual or Company who will be receiving funds and/or entering into contractual relationships with Intersect or with CDH where Intersect is acting as its Administrator.
+* **Beneficiary:** Individual and/or Company who will be receiving funds and/or entering into contractual relationships with Intersect or with CDH where Intersect is acting as its Administrator.
 * **Cardano Budget Proposal:** A request for funding from the Cardano Treasury that will be measured by milestone deliverables.
 * **Cardano Development Holdings (CDH):** CDH is a legal entity created to support the Cardano ecosystem by acting as the contracting counterparty for approved proposals by DReps.
 * **Cardano Treasury:** A treasury system is a community-controlled, decentralized collaborative decision-making mechanism for sustainable funding of the underlying blockchain development and maintenance.

legal/policies-and-conditions/intersect-administration-policies/delivery-assurance-process-and-best-practice-policy.md

@@ -28,7 +28,7 @@ This policy is founded on principles of openness, accountability, and the right
 
 **10. Definitions:**
 
-* **Beneficiary:** Individual or Company who will be receiving funds and/or entering into contractual relationships with Intersect or with CDH where Intersect is acting as its Administrator.
+* **Beneficiary:** Individual and/or Company who will be receiving funds and/or entering into contractual relationships with Intersect or with CDH where Intersect is acting as its Administrator.
 * **Cardano Development Holdings (CDH):** CDH is a legal entity created to support the Cardano ecosystem by acting as the contracting counterparty for approved proposals by DReps.
 * **Milestone(s)** means the dates by which a part or all of the Services is to be completed, as set out in **a Statement of Work.**
 * [**Milestone Acceptance Form (MAF):** ](https://docs.google.com/document/d/1c1kC5q7LwHpQNGHdq9uXv5o5LNHXlDbxCJXtvMeenkA/edit?tab=t.0)This is a written attestation in the form of a standard template, submitted by a vendor, for each milestone.

legal/policies-and-conditions/intersect-administration-policies/technical-review-policy.md

@@ -12,6 +12,8 @@
 
 **6. Policy sponsor:** Intersect Executive Director 
 
+_Updated on 4th July 2025_
+
 ***
 
 **7. Purpose:**
@@ -33,9 +35,11 @@
 
 **10. Definitions:**
 
-* **Audit:** An audit is an independently verifiable examination of information
+* **Beneficiary:** Individual and/or Company who will be receiving funds and/or entering into contractual relationships with Intersect or with CDH where Intersect is acting as its Administrator
 * **Compliance:** Adhering to the terms and conditions in the DRep approved funding allocated contract.
 * **Ecosystem Risk:** Where the security, functionality, performance, or long-term sustainability of the Cardano Blockchain may be affected.
+* **Technical Audit:** A Technical Audit is an independent verifiable examination of technical information undertaken by a designated capable third party, separate to the Beneficiary.
+* **Technical Review:** A Technical Review is a systematic check of technical work undertaken as part of consistent delivery assurance.
 * **Technical audit:** Review of a technical aspect or deliverable undertaken by a capable third party to the creator.
 * **Intersect:** Intersect serves as an Administrator within Cardano’s funding ecosystem, helping to operationalize community-approved proposals by coordinating due diligence, contracting, and on-chain disbursements. This role is grounded in the principles of transparency, decentralization, and adherence to the Cardano Constitution.