Common use of AUDIT RIGHT AND RETENTION OF RECORDS Clause in Contracts

AUDIT RIGHT AND RETENTION OF RECORDS. Contractor agrees to maintain such financial records and other records as may be prescribed by the County or by applicable federal and state laws, rules, and regulations. County shall have the right to audit the books, records, and accounts of Contractor that are directly related to this Contract. Contractor shall keep such books, records, and accounts as may be necessary in order to record complete and correct entries related to this Contract. Contractor shall preserve and make available, at reasonable times for examination and audit by County, all financial records, supporting documents, statistical records, and any other documents pertinent to this Contract for the required retention period of the Public Records Act (if applicable, or, if the Public Records Act is not applicable, for a minimum period of three (3) years after termination of this Contract. If any audit has been initiated and audit findings have not been resolved at the end of the retention period or three (3) years, whichever is longer, the books, records, and accounts shall be retained until resolution of the audit findings. If the Public Records Act is determined by County to be applicable to Contractor' records, Contractor shall comply with all requirements thereof; however, no confidentiality or non- disclosure requirement of either federal or state law shall be violated by Contractor. Any incomplete or incorrect entry in such books, records, and accounts shall be a basis for County's disallowance and recovery of any payment upon such entry.

AUDIT RIGHT AND RETENTION OF RECORDS. Contractor Consultant agrees to maintain such financial records and other records as may be prescribed by the County City or by applicable federal and state laws, rules, and regulations. County City shall have the right to audit the books, records, and accounts of Contractor Consultant that are directly related to this Contract. Contractor Consultant shall keep such books, records, and accounts as may be necessary in order to record complete and correct entries related to this Contract. Contractor Consultant shall preserve and make available, at reasonable times for examination and audit by CountyCity, all financial records, supporting documents, statistical records, and any other documents pertinent to this Contract for the required retention period of the Public Records Act (if applicable, or, if the Public Records Act is not applicable, for a minimum period of three (3) years after termination of this Contract. If any audit has been initiated and audit findings have not been resolved at the end of the retention period or three (3) years, whichever is longer, the books, records, and accounts shall be retained until resolution of the audit findings. If the Public Records Act is determined by County City to be applicable to Contractor' Consultant's records, Contractor Consultant shall comply with all requirements thereof; however, no confidentiality or non- disclosure nondisclosure requirement of either federal or state law shall be violated by ContractorConsultant. Any incomplete or incorrect entry in such books, records, and accounts shall be a basis for CountyCity's disallowance and recovery of any payment upon such entry.

AUDIT RIGHT AND RETENTION OF RECORDS. Contractor agrees to maintain such financial records and other records as may be prescribed by the County or by applicable federal and state laws, rules, and regulations. County shall have the right to audit the books, records, and accounts of Contractor that are directly related to this the Contract. Contractor shall keep such books, records, and accounts as may be necessary in order to record complete and correct entries related to this the Contract. Contractor shall preserve and make available, at reasonable times for examination and audit by County, all financial records, supporting documents, statistical records, and any other documents pertinent to this Contract for the required retention period of the Public Records Act (if applicable, or, if the Public Records Act is not applicable, for a minimum period of three (3) years after termination of this Contract. If any audit has been initiated and audit findings have not been resolved at the end of the retention period or three (3) years, whichever is longer, the books, records, and accounts shall be retained until resolution of the audit findings. If the Public Records Act is determined by County to be applicable to Contractor' records, Contractor shall comply with all requirements thereof; however, no confidentiality or non- non-disclosure requirement of either federal or state law shall be violated by Contractor. Any incomplete or incorrect entry in such books, records, and accounts shall be a basis for County's disallowance and recovery of any payment upon such entry.