Audit Provisions. The Commonwealth shall have the right, at reasonable times and at a site designated by the Commonwealth, to audit the books, documents, and records of the Parties to the extent that the books, documents, and records relate to the Parties’ compliance with the provisions set forth in subsection (b) above or to the Small Diverse Business or Small Business Commitment effectuated through this Subcontract. The Parties shall preserve such books, documents, and records for a period of three years from the date of final payment hereunder. The Parties shall give full and free access to all such records to the Commonwealth and/or its authorized representatives.
Audit Provisions. Publisher shall keep full, complete, and accurate books of account and records covering all transactions relating to this Agreement. Publisher shall preserve such books of account, records, documents, and material for a period of twenty-four (24) months after the expiration or earlier termination of this Agreement. Acceptance by SCEA of an accounting statement, purchase order, or payment hereunder will not preclude SCEA from challenging or questioning the accuracy thereof at a later time. In the event that SCEA reasonably believes that the Wholesale Price provided by Publisher with respect to any Licensed Product is not accurate, SCEA shall be entitled to request additional documentation from Publisher to support the listed Wholesale Price for such Licensed Product. In addition, during the Term and for a period of two (2) years thereafter and upon the giving of reasonable written notice to Publisher, representatives of SCEA shall have access to, and the right to make copies and summaries of, such portions of all of Publisher's books and records as pertain to the Licensed Products and any payments due or credits received hereunder. In the event that such inspection reveals an under-reporting of any payment due to SCEA, Publisher shall immediately pay SCEA such amount. In the event that any audit conducted by SCEA reveals that Publisher has under-reported any payment due to SCEA hereunder by [*] or more for that audit period, then in addition to the payment of the appropriate amount due to SCEA, Publisher shall reimburse SCEA for all reasonable audit costs for that audit and any and all collection costs to recover the unpaid amount.
Audit Provisions. The Commonwealth shall have the right, at reasonable times and at a site designated by the Commonwealth, to audit the books, documents and records of the Contractor to the extent that the books, documents and records relate to costs or pricing data for the Contract. The Contractor agrees to maintain records which will support the prices charged and costs incurred for the Contract. The Contractor shall preserve books, documents, and records that relate to costs or pricing data for the Contract for a period of three (3) years from date of final payment. The Contractor shall give full and free access to all records to the Commonwealth and/or their authorized representatives.
Audit Provisions. Lessee agrees to keep complete and accurate books and records of all receipts of fees and charges and all income and expenses of all items of merchandise and professional services covered by this Agreement. The City or its authorized representative shall have the right to periodically audit the books and records of the Lessee to verify that fees have been correctly computed and paid and reports of income and expenditure correctly made. The Lessee agrees to reimburse the City for the reasonable costs of any such audit should it disclose that the Lessee has paid 98% or less of the payments due to the City for any year or if the audit discloses that reports of income and expenditures are substantially inaccurate or misleading according to generally accepted accounting standards, procedures, and principles. If the Lessee disputes the audit findings of the City, the Lessee may request a review of part or all of the audit by a third party mutually agreeable to the City and the Lessee. If such review determines the audit of the City to be substantially in error, the City shall pay the cost of such review, otherwise the Lessee shall pay for the cost of such review. In the event that payments are found to be incorrect or reports inaccurate, the Lessee shall provide appropriate true-up payments within 15 days or corrected reports within 30 days of the deficiency.
Audit Provisions. Publisher shall keep full, complete, and accurate books of accounts and records covering all transactions relating to this Agreement. Publisher shall preserve such books of accounts, records, documents, and materials for a period of [***] after the expiration or earlier termination of this Agreement. Acceptance by the SCE Company of any accounting statement, purchase order, or payment hereunder will not preclude the SCE Company from challenging or questioning the accuracy thereof at a later time. In the event that the SCE Company reasonably believes that the pricing information provided by Publisher with respect to any Licensed Product is not accurate, the SCE Company shall be entitled to request additional documentation from Publisher to support the pricing information provided for such Licensed Product. In addition, during the Term and for a period of [***] thereafter and upon the giving of reasonable prior written notice to Publisher, at the SCE Company’s expense, representatives of the SCE Company shall be given access to, and the right to inspect, audit, and make copies and summaries of and take extracts from, such portions of all books and records of Publisher, and Publisher’s affiliates and branch offices, as pertain to the Licensed Products and any payments due or credits received hereunder. Any such audit shall take place during normal business hours and shall, at the SCE Company’s sole election, be conducted either by an independent certified accountant or by an appropriately professionally qualified SCE Company employee. In the event that such inspection reveals any under-reporting of any payment due to the SCE Company, Publisher shall immediately pay the SCE Company such amount. In the event that any audit conducted by the SCE Company reveals that Publisher has under-reported any payment due to the SCE Company hereunder by [***] or more for the relevant audit period, then in addition to the payment of the appropriate amount due to the SCE Company, Publisher shall reimburse the SCE Company for all reasonable audit costs for that audit and any and all collection costs to recover any unpaid amounts.
Audit Provisions. The contracting parties shall be subject to examination and audit by both the Trustees (or designee) of the California State University and the Auditor General of the State of California at any time during construction and for a period of three (3) years after final payment of the Contract (Government Code section 8546.
Audit Provisions. 2.6.1 The selection and appointment of persons pursuant to provisions within the Audit Category shall be a matter for (and decided by) the Committee.
2.6.2 The administration of the appointment of such persons (and the giving of any Code Communications in connection therewith) shall be implemented by the Joint Office.
2.6.3 For avoidance of doubt the Audit Category will not include any provision for appointment of a person which is a matter within the Transporter's Agency Category.
Audit Provisions. 5.1 MiliRisk shall maintain records of amounts billable to and payments made on behalf of Customer. In addition, MiliRisk shall maintain records of the data utilized to perform the Services defined in Exhibit I of the Agreement; until five years following the date of last file activity, or the period specified by the applicable state statute, whichever is the later unless such records are earlier returned to Customer. MiliRisk agrees to provide reasonable supporting documentation concerning any disputed invoice amount to Customer within 15 days after Customer provides written notification of the dispute to MiliRisk. Customer and an auditor selected by Customer shall have access to all such records upon mutually agreed upon prior notice for the purposes of audit and verification during normal business hours during the full term of this Agreement and during the respective periods in which MiliRisk is required to maintain such records. MiliRisk shall provide access to its books, records and bank accounts to the insurance department of the State of Florida in a form usable by the department.
Audit Provisions. Publisher shall keep full, complete, and accurate books of account and records covering all transactions relating to this Agreement. Publisher shall preserve such books of account, records, documents and material for a period of [***] after the expiration or earlier termination of this Agreement. Acceptance by SCEA of an accounting statement, purchase order, or payment hereunder will not preclude SCEA from challenging or questioning [***] The portions of this document marked with three asterisks represent confidential portions omitted and filed separately with the Securities and Exchange Commission. the accuracy thereof at a later time. In the event that SCEA reasonably believes that the Wholesale Price provided by Publisher with respect to any Licensed PSP Product is not accurate, SCEA shall be entitled to request additional documentation from Publisher to support the listed Wholesale Price for such Licensed PSP Product. In addition, during the Term and for a period of [***] thereafter and upon the giving of reasonable written notice to Publisher, representatives of SCEA shall have access to, and the right to make copies and summaries of, such portions of all of Publisher’s books and records as pertain to the Licensed PSP Products and any payments due or credits received hereunder. In the event that such inspection reveals an under-reporting of any payment due to SCEA, Publisher shall immediately pay SCEA such amount. In the event that any audit conducted by SCEA reveals that Publisher has under-reported any payment due to SCEA hereunder by [***] or more for that audit period, then in addition to the payment of the appropriate amount due to SCEA, Publisher shall reimburse SCEA for all reasonable audit costs for that audit and any and all collection costs to recover the unpaid amount.
Audit Provisions. Section 6.01 All proposed Direct Labor rates and ICR’s are subject to review and approval by the CSO or WSDOT Internal Audit prior to the execution of this Agreement or issuance of any update.
Section 6.02 The CONSULTANT and any sub-consultant shall permit the State, Federal Government or any other duly authorized agent of a governmental agency to audit, inspect, examine, excerpt, and/or transcribe the CONSULTANT’s records during the term of this AGREEMENT and for a period of six (6) years following termination of this AGREEMENT, or until final payments made under the provisions herein, whichever is later, to assure compliance with the terms hereof, or to evaluate the CONSULTANT’s performance hereafter. All CONSULTANT’s audit working papers are subject to copying, scanning and/or electronic submission by or for WSDOT as part of WSDOT’s effort to ensure the quality of audits and audit reports.
Section 6.03 The CONSULTANT and any sub-consultant shall assure that any independent CPA performing an indirect cost rate audit shall permit the State, Federal Government or any other duly authorized agent of a governmental agency to audit, inspect, or examine the CPA’s indirect cost rate audit work papers during the term of this AGREEMENT and for a period of six (6) years following termination of this AGREEMENT, or until final payments made under the provisions herein, whichever is later, to assure that said audit work is completed in accordance with Generally Accepted Government Auditing Standards and in accordance with the guidance set forth in the AASHTO Audit Guide. All CPA audit working papers are subject to copying, scanning and/or electronic submission by or for WSDOT as part of WSDOT’s effort to ensure the quality of audits and audit reports.
Section 6.04 The Direct Labor rates and the ICR’s are subject to retroactive adjustment to actual cost if WSDOT subsequently becomes aware of deficient audit work by an independent CPA, misinformation provided by the CONSULTANT, fraud, etc., and the deficiency results in a MISSTATEMENT in the ICR or costs reported. In such a case, the ANTE tables and all costs reported under the previously approved Direct Labor rates are subject to adjustment to actual cost by the WSDOT Internal Audit.
