Common use of Audit and Document Retention Clause in Contracts

Audit and Document Retention. Vendor shall permit and cooperate in good faith in any audits by the Board, including its Department of Procurement and Contracts, or its agents for compliance by the Vendor with this Agreement. Vendor shall furnish the Board with such information, supporting documentation and reports as may be requested relative to the progress, execution and costs of the Services and compliance with applicable MBE/WBE requirements. Failure of the Vendor to comply in full and cooperate with the requests of the Board or its agents shall give the Board, in addition to all other rights and remedies hereunder, the right to charge the Vendor for the cost of such audit. Vendor shall maintain all records under this Agreement. As used in this Section, “records” shall include all correspondence, receipts, vouchers, memoranda, and other data, regardless of type or medium (including emails or other electronically stored data) relating to this Agreement and Vendor’s performance of Services. All records referenced above shall be retained for at least five (5) years after the termination or expiration of this Agreement and shall be subject to inspection and audit by the Board. If any audit, litigation or other action involving the records is being conducted or has not been resolved, all applicable records must be retained until that proceeding is closed. Vendor shall require all of its subcontractors to maintain the above-described records and allow the Board the same right to inspect and audit said records as set forth herein.

Appears in 4 contracts

Samples: Services Agreement, Services Agreement, Services Agreement

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Audit and Document Retention. Vendor shall permit and cooperate in good faith in any audits by the Board, including its Department of Procurement and Contracts, or its agents for compliance by the Vendor with this Agreement. Vendor shall furnish the Board with such information, supporting documentation and reports as may be requested relative to the progress, execution and costs of the Services and compliance with applicable MBE/WBE requirements. Failure of the Vendor to comply in full and cooperate with the requests of the Board or its agents shall give the Board, in addition to all other rights and remedies hereunder, the right to charge the Vendor for the cost of such audit. Vendor shall maintain all records under this Agreement. As used in this Section, “records” shall include all correspondence, receipts, vouchers, memoranda, and other data, regardless of type or medium (including emails or other electronically stored data) relating to this Agreement and Vendor’s performance of Services. All records referenced above shall be retained for at least five (5) years after the termination or expiration of this Agreement and shall be subject to inspection and audit by the Board. If any audit, litigation or other action involving the records is being conducted or has not been resolved, all applicable records must be retained until that proceeding is closed. Vendor shall require all of its subcontractors to maintain the above-above- described records and allow the Board the same right to inspect and audit said records as set forth herein.

Appears in 2 contracts

Samples: Services Agreement, Services Agreement

Audit and Document Retention. Vendor Provider shall permit and cooperate in good faith in any audits by the Board, including its Department of Procurement and Contracts, or its agents for compliance by the Vendor Provider with this Agreement. Vendor Provider shall furnish the Board with such information, supporting documentation and reports as may be requested relative to the progress, execution and costs of the Services and compliance with applicable MBE/WBE requirements. Failure of the Vendor Provider to comply in full and cooperate with the requests of the Board or its agents shall give the Board, in addition to all other rights and remedies hereunder, the right to charge the Vendor Provider for the cost of such audit. Vendor Provider shall maintain all records under this Agreement. As used in this Section, “records” shall include all correspondence, receipts, vouchers, memoranda, and other data, regardless of type or medium (including emails or other electronically stored data) relating to this Agreement and VendorProvider’s performance of Services. All records referenced above shall be retained for at least five (5) years after the termination or expiration of this Agreement and shall be subject to inspection and audit by the Board. If any audit, litigation or other action involving the records is being conducted or has not been resolved, all applicable records must be retained until that proceeding is closed. Vendor Provider shall require all of its subcontractors to maintain the above-above- described records and allow the Board the same right to inspect and audit said records as set forth herein.

Appears in 1 contract

Samples: Products and Services Agreement

Audit and Document Retention. Vendor shall permit and cooperate in good faith in any audits by the Board, including its Department of Procurement and ContractsProcurement, or its agents for compliance by the Vendor with this Agreement. Vendor shall will furnish the Board with such information, supporting documentation and reports information as may be requested relative to the progress, execution execution, and costs of the Services and compliance with applicable MBE/WBE requirementsServices. Failure of the Vendor to comply in full and cooperate with the requests of the Board or its agents shall give the Board, in addition to all other rights and remedies hereunder, the right to charge the Vendor for the cost costs of such audit. Vendor shall will maintain all records under this the Agreement. Vendor will cooperate with any audits as needed for any FOIA, OIG, or State mandated obligations. As used in this Section, “records” shall include all correspondence, receipts, vouchers, memoranda, and other data, regardless of type or medium (including emails or other electronically stored data) relating to this Agreement and Vendor’s performance of the Services. All records referenced above shall will be retained for at least five (5) years after the expiration or termination or expiration of this Agreement and shall be subject to inspection and audit by the Board. If any audit, litigation litigation, or other action involving the records is being conducted or has not been resolved, all applicable records must be retained until that proceeding is closed. Vendor shall require will include, in all of its subcontractor agreements for Services, provisions requiring subcontractors to maintain the above-described records and allow allowing the Board and/or its contractors the same right to inspect and audit said records as set forth herein.

Appears in 1 contract

Samples: Software and Services Agreement

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Audit and Document Retention. Vendor Contractor shall permit and cooperate in good faith in any audits by the Board, including its Department of Procurement and Contracts, or its agents for compliance by the Vendor Contractor with this Agreement. Vendor Contractor shall furnish the Board with such information, supporting documentation and reports as may be requested relative to the progress, execution and costs of the Services and compliance with applicable MBE/WBE requirements. Failure of the Vendor Contractor to reasonably comply in full and cooperate with the requests of the Board or its agents shall give the Board, in addition to all other rights and remedies hereunder, the right to charge the Vendor Contractor for the cost of such audit. Vendor Contractor shall maintain all records under this Agreement. As used in this Section, “records” shall include all correspondence, receipts, vouchers, memoranda, and other data, regardless of type or medium (including emails or other electronically stored data) relating to this Agreement and VendorContractor’s performance of Services. All records referenced above shall be retained for at least five (5) years after the termination or expiration of this Agreement and shall be subject to inspection and audit by the Board. If any audit, litigation or other action involving the records is being conducted or has not been resolved, all applicable records must be retained until that proceeding is closed. Vendor Contractor shall require all of its subcontractors to maintain the above-described records and allow the Board the same right to inspect and audit said records as set forth herein. Provided that Contractor has not breached this Agreement, audits by the Board or its agents will be limited to no more than once every 12-month period.

Appears in 1 contract

Samples: Athletic Trainer Provider Agreement

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