Common use of Audit Process Clause in Contracts

Audit Process. All audits shall be completed within seven years after the expiration of the year to which such audits relate to. Auditors may examine all the Contractor’s books, accounts and records in relation to a specific period of time or a particular aspect of such records.

Audit Process. All audits shall be completed within seven (7) calendar years after the expiration of the year to which such audits relate to. Auditors may examine all the Contractor’s books, accounts and records in relation to a specific period of time or a particular aspect of such records.