Common use of Accuracy of Records Clause in Contracts

Accuracy of Records. 1.1 Contractor shall keep accurate records and books of accounts showing the items and costs billed under this Contract, as well as cost data supporting the Contract proposal and/or other representations, including detailed supporting cost data for assumptions and calculation of indirect cost rates specified in the Contract. Contractor shall also maintain nonfinancial documentation and records related to Work performed hereunder but not delivered to PG&E. 1.2 Contractor’s books and records must provide sufficient detail to verify the charges shall include, without limitation, the following:  Payroll records (hours, employee name, employee classification, multiplier breakdown, etc.) that account for total time worked under the Contract;  Canceled payroll checks or signed receipts for cash payroll;  Invoices (including all back-up details) for purchases, receiving and issuing documents, and all inventory records for Contractor’s stock or capital items;  Paid invoices and canceled checks for purchased materials, Subcontractor, and third-party charges;  Records relating to air freight and ground transportation, including but not limited to handling, hauling, and disposing of materials/equipment; and  Accurate, auditable records of gifts and entertainment to individual PG&E personnel.

Accuracy of Records. 1.1 Contractor shall keep accurate records and books of accounts showing the items and costs billed under this Contract, as well as cost data supporting the Contract proposal and/or other representations, including detailed supporting cost data for assumptions and calculation of indirect cost rates specified in the Contract. Contractor shall also maintain nonfinancial documentation and records related to Work performed hereunder but not delivered to PG&E. 1.2 Contractor’s books and records must provide sufficient detail to verify the charges shall include, without limitation, the following:  • Payroll records (hours, employee name, employee classification, multiplier breakdown, etc.) that account for total time worked under the Contract;  • Canceled payroll checks or signed receipts for cash payroll;  • Invoices (including all back-up details) for purchases, receiving and issuing documents, and all inventory records for Contractor’s stock or capital items;  • Paid invoices and canceled checks for purchased materials, Subcontractor, and third-party charges;  • Records relating to air freight and ground transportation, including but not limited to handling, hauling, and disposing of materials/equipment; and  • Accurate, auditable records of gifts and entertainment to individual PG&E personnel.

Accuracy of Records. 1.1 Contractor shall keep accurate records and books of accounts showing the items and costs billed under this Contract, as well as cost data supporting the Contract proposal and/or other representations, including detailed supporting cost data for assumptions and calculation of indirect cost rates specified in the Contract. Contractor shall also maintain nonfinancial documentation and records related to Work performed hereunder but not delivered to PG&E. 1.2 Contractor’s books and records must provide sufficient detail to verify the charges shall include, without limitation, the following:  Payroll records (hours, employee name, employee classification, multiplier breakdown, etc.) that account for total time worked under the Contract;  Canceled payroll checks or signed receipts for cash payroll;  Invoices (including all back-up details) for purchases, receiving and issuing documents, and all inventory records for Contractor’s stock or capital items;  Paid invoices and canceled checks for purchased materials, Subcontractor, and third-party charges;  Records relating to air freight and ground transportation, including but not limited to handling, hauling, and disposing of materials/equipment; and  Accurate, auditable records of gifts and entertainment to individual PG&E personnel.