Audit, Records and Reports Sample Clauses

Audit, Records and Reports. Purchaser shall (upon reasonable notice) have the right to audit books and records of Contractor for the purpose of confirming the amount due to Contractor or Contractor’s performance of its obligations under the Agreement. Contractor, its Subcontractors and subcontractors and any such entity Contractor uses to perform its obligations under the Agreement shall preserve all such records for a period of three (3) years after final payment hereunder. Upon request, Contractor shall provide Purchaser with information related to prices of materials, equipment and services to enable Purchaser to comply with accounting regulations of any governmental or quasi-governmental organization. Contractor shall provide for such right to audit by Purchaser in all contracts with Subcontractors, subcontractors and other entities relating to the Agreement.
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Audit, Records and Reports. Contractor shall keep accurate and complete records and books of account showing: (a) all charges, disbursements or expenses made or incurred by it in performing the Work; and (b) compliance with laws regulating employee benefits, quality assurance, environmental and safety activities. Upon request, Contractor shall provide Purchaser with sufficient information relating to prices of materials and services to enable Purchaser to comply with accounting regulations of the Federal Energy Regulatory Commission (FERC). Contractor shall retain the records in electronic format and shall preserve all such records and books of account for three (3) years after completion of the Work, or longer if required by law or if required to resolve a dispute. All such books of account and records shall be open at all reasonable times (before and after the Work is completed) for inspection and audit by Purchaser or its authorized representative without additional cost to Purchaser, and Purchaser shall have the right, upon reasonable prior notice, to audit at any time up to three (3) years after the completion of the Work, the costs, expenses and disbursements made or incurred in connection with the Work. Access to books and records is limited to those required to verify the accuracy of amounts billed, including but not limited to, expense statements and reimbursements to employees, including canceled checks etc. to verify travel expenses. Contractor shall promptly reimburse Purchaser for any improper charges identified in any such audit. Should the audit reveal a material failure to keep complete and accurate records or material inaccuracies, the Purchaser may, in addition to the forgoing remedies, charge the Contractor for the Purchaser's full costs of performing the audit.
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Related to Audit, Records and Reports

  • Records and Reports The contractor shall keep such records as necessary to document compliance with the EEO requirements. Such records shall be retained for a period of three years following the date of the final payment to the contractor for all contract work and shall be available at reasonable times and places for inspection by authorized representatives of the contracting agency and the FHWA.

  • Financial Records and Reports Except as otherwise provided in this Agreement, the Participant’s relevant financial records associated with this Agreement shall not be subject to examination or audit by NASA.

  • BOOKS, RECORDS, AND REPORTS 6 19. The Contractor shall establish and maintain accounts and other books and records 7 pertaining to administration of the terms and conditions of this Settlement Contract, including: 8 the Contractor's financial transactions, water supply data, and Project land and right-of-way 9 agreements; the water users' land-use (crop census), land ownership, land-leasing and water use 10 data; and other matters that the Contracting Officer may require. Reports thereon shall be 11 furnished to the Contracting Officer in such form and on such date or dates as the Contracting 12 Officer may require. Subject to applicable Federal laws and regulations, each party to this 13 Settlement Contract shall have the right during office hours to examine and make copies of each 14 other’s books and official records relating to matters covered by this Settlement Contract.

  • ACCESS TO RECORDS AND REPORTS The Contractor must maintain an acceptable cost accounting system. The Contractor agrees to provide the Sponsor, the Federal Aviation Administration, and the Comptroller General of the United States or any of their duly authorized representatives access to any books, documents, papers, and records of the contractor which are directly pertinent to the specific contract for the purpose of making audit, examination, excerpts and transcriptions. The Contractor agrees to maintain all books, records and reports required under this contract for a period of not less than three years after final payment is made and all pending matters are closed.

  • Records and Reporting 7.01. The Implementing Entity shall provide to the Board, through the Secretariat, the following reports and financial statements:

  • RECORDS, INFORMATION AND REPORTS Contractor shall maintain full and accurate records with respect to all matters covered under this Agreement. To the extent permitted by law, County shall have free access at all proper times or until the expiration of four (4) years after the furnishing of services to such records, and the right to examine and audit the same and to make transcripts therefrom, and to inspect all data, documents, proceedings, and activities pertaining to this Agreement. To the extent permitted by law, Contractor shall furnish County such periodic reports as County may request pertaining to the work or services undertaken pursuant to this Agreement. The costs and obligations incurred or to be incurred in connection therewith shall be borne by the Contractor.

  • Inspections and Reports 2.1 The department may inspect, in the manner and at reasonable times it considers appropriate, all the contractor's facilities and activities under this contract.

  • Shared-Loss Asset Records and Reports The Assuming Institution shall establish and maintain such records as may be appropriate to account for the Single Family Shared-Loss Loans in such form and detail as the Receiver may reasonably require, and to enable the Assuming Institution to prepare and deliver to the Receiver such reports as the Receiver may from time to time request regarding the Single Family Shared-Loss Loans and the Monthly Certificates required by Section 2.1 of this Single Family Shared-Loss Agreement.

  • Information and Reports The contractor will provide all information and reports required by the Acts, the Regulations, and directives issued pursuant thereto and will permit access to its books, records, accounts, other sources of information, and its facilities as may be determined by the sponsor or the Federal Aviation Administration to be pertinent to ascertain compliance with such Nondiscrimination Acts And Authorities and instructions. Where any information required of a contractor is in the exclusive possession of another who fails or refuses to furnish the information, the contractor will so certify to the sponsor or the Federal Aviation Administration, as appropriate, and will set forth what efforts it has made to obtain the information.

  • Audit Reports promptly upon receipt thereof, one copy of each other financial report and internal control letter submitted to the Company by independent accountants in connection with any annual, interim or special audit made by them of the books of the Company.

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