Common use of Access to Records and Record Retention Clause in Contracts

Access to Records and Record Retention. As required by 2 CFR Parts 200 and 1201, and without limiting the Contractor’s obligations under Section 22 of the Contract Documents, the Contractor and its Subcontractors shall allow FHWA and the Comptroller General of the United States, or their duly authorized representatives, access to all books, documents, papers, and records of the Contractor and such Subcontractors which are directly pertinent to any grantee, subgrantee or financing contract, for the purpose of making audit, examination, excerpts, and transcriptions thereof. In addition, as required by 2 CFR Parts 200 and 1201, the Contractor and its Subcontractors shall retain all such books, documents, papers, and records for three years after final payment is made pursuant to any such contract and all other pending matters are closed (or, if applicable, for such longer period as is required pursuant to Section 22.4 of the Contract Document). The Contractor agrees to include this section in each Subcontract, without modification except as appropriate to identify the Subcontractor who will be subject to the provisions of such Subcontract

Access to Records and Record Retention. As required by 2 CFR Parts 200 and 1201, and without limiting the Contractor’s obligations under Section 22 of the Contract Documents, the Contractor and its Subcontractors shall allow FHWA and the Comptroller General of the United States, or their duly authorized representatives, access to all books, documents, papers, and records of the Contractor and such Subcontractors which are directly pertinent to any grantee, subgrantee or financing contract, for the purpose of making audit, examination, excerpts, and transcriptions thereof. In addition, as required by 2 CFR Parts 200 and 1201, the Contractor and its Subcontractors shall retain all such books, documents, papers, and records for three years after final payment is made pursuant to any such contract and all other pending matters are closed (or, if applicable, for such longer period as is required pursuant to Section 22.4 of the Contract Document). The Contractor agrees to include this section in each Subcontract, without modification except as appropriate to identify the Subcontractor who will be subject to the provisions of such Subcontractthe