ARCHITECT/ENGINEER'S ACCOUNTING RECORDS Sample Clauses

ARCHITECT/ENGINEER'S ACCOUNTING RECORDS. 7.1. Records of the ARCHITECT/ENGINEER'S Direct Personnel, Consultant and Reimbursable Expenses pertaining to the Project, and records of accounts between the State and the Contractor, shall be kept on a generally recognized accounting basis and shall be available to the State or its authorized representative at mutually convenient times, at no additional cost to the State.
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ARCHITECT/ENGINEER'S ACCOUNTING RECORDS. A/E shall maintain accurate books and records with respect to all expenditures made with respect to the Project and Services performed in connection therewith, all in accordance with generally accepted accounting principles applied on a consistent basis, and Contractor shall have the right, at reasonable time, to examine, copy, and audit such books and records.
ARCHITECT/ENGINEER'S ACCOUNTING RECORDS. Records of Architect/Engineer's expenses and hours pertaining to this Project shall be kept in accordance with generally accepted accounting principles, which principles shall be consistently applied. Said records shall be available to the Owner or its authorized representative for inspection and copying during regular business hours during the term of this Agreement and for three (3) years after the date of the final certificate of payment.
ARCHITECT/ENGINEER'S ACCOUNTING RECORDS. 1.4.1 Records of the Architect/Engineer's direct personnel, consultant, and reimbursable expense pertaining to this Project and records of accounts between the Principal Representative and Contractor shall be kept on a generally recognized accounting basis and shall be available to the Principal Representative or his authorized representative at mutually convenient times and extending to three (3) years after final payment under this Agreement
ARCHITECT/ENGINEER'S ACCOUNTING RECORDS. Records of the Architect-Engineer's direct personnel, consultants, and Reimbursable Expenses pertaining to this Project shall be kept on a generally recognized accounting basis and shall be available to the Owner or its authorized representative at mutually convenient times. The Architect-Engineer shall preserve all contract records and documents for the entire term of this Agreement and for five (5) years after the later of: (i) the date of submission of the Architect- Engineer's final services, or (ii) until all claims (if any) regarding the Agreement are resolved. During such period of time, the Architect-Engineer shall retain and maintain all records and make such records available for an audit as may be requested by Owner. The records shall be subject at all times to inspection, review, or audit by the Owner. The Owner may, at any time and for any reason whatsoever, review, audit, copy, examine, and investigate in any manner, any records of Architect- Engineer which include, but are not limited to, papers, books, documents, vouchers, bills, invoices, requests for payment, accounting records, and other supporting documentation, which according to generally accepted accounting principles, procedures, and practices, sufficiently and properly reflect all costs expended in the performance of this Agreement. The Architect-Engineer agrees to reimburse the Owner and the State for the reasonable costs of investigation incurred by the Owner, the Inspector General, State Auditor General, or other authorized State official or agent for investigations of Architect-Engineer’s compliance with the terms of this Agreement which results in disallowed costs. Such reasonable costs shall include but shall not be limited to salaries of investigators, including overtime; travel and lodging expenses; and expert witness and documentary fees. The Architect-Engineer understands and will comply with the requirements of Section 20.055(5), Florida Statutes, including but not necessarily limited to, the duty of Architect-Engineer and any of Architect-Engineer’s subcontractors or subconsultants to cooperate with the Inspector General in any investigation, audit, inspection, review, or hearing pursuant to Section 20.055, Florida Statutes.

Related to ARCHITECT/ENGINEER'S ACCOUNTING RECORDS

  • Accounting Records Maintain adequate books and records in accordance with generally accepted accounting principles consistently applied, and permit any representative of Bank, at any reasonable time, to inspect, audit and examine such books and records, to make copies of the same, and to inspect the properties of Borrower.

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