Common use of Audit Inspection of Records Clause in Contracts

Audit Inspection of Records. Seller shall keep adequate records of payable hours of direct labor and all costs of the performance of this order, which shall be subject to audit by ITT in the event of cancellation or with respect to any order for which the price is based on time and cost of material.

Appears in 3 contracts

Samples: Terms and Conditions of Purchase, Terms and Conditions of Purchase, Terms and Conditions of Purchase

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Audit Inspection of Records. Seller shall keep adequate records of payable hours of direct labor and all costs of the performance of this order, which shall be subject to audit by ITT in the event of cancellation or with respect to any order for which the price is based on time and cost of materialmaterials.

Appears in 1 contract

Samples: Purchase Order Agreement

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