Common use of Authority's Right to Perform Audits, Inspections, or Attestation Engagements Clause in Contracts

Authority's Right to Perform Audits, Inspections, or Attestation Engagements. A. Notwithstanding Company's requirement to submit an annual statement, Authority or its representative may at any time during the term of the Agreement or within three years after the end of the Agreement, initiate and perform audits, inspections, or attestation engagements over all or selected operations performed by Company under this Agreement. Free and unrestricted access will be granted to all of Company’s books and records, including the State of Florida sales tax return records and records of a parent, affiliate, and/or subsidiary companies and any subconsultants or subcontractors directly pertinent to this Agreement. If the records are kept at locations other than the Airport, Company will arrange for said records to be brought to a location convenient to Authority’s auditors to conduct the engagement as set forth in this Article. Or, Company may transport Authority’s team to Company’s location of records for the purpose of undertaking said engagement. In such event, Company will pay reasonable costs of transportation, food and lodging for Authority’s team. In the event Company maintains the requested records in electronic format, upon request by Authority’s auditors, Company will provide a download or extract of data files in a computer readable format acceptable to Authority at no additional cost. Authority has the right during the engagement to interview Company’s employees, subconsultants, and subcontractors and to make photocopies of records as needed.

Authority's Right to Perform Audits, Inspections, or Attestation Engagements. A. Notwithstanding Company's requirement to submit an annual statementperiodic reports, Authority or its representative may at any time during the term of the this Agreement or within three years after the end of the this Agreement, initiate and perform audits, inspections, or attestation engagements over all or selected operations performed by Company under this Agreement. Free and unrestricted access will be granted to all of Company’s books and records, including the State of Florida sales tax return records books and records of a parent, affiliate, and/or subsidiary companies companies, and books and records of any subconsultants or subcontractors directly pertinent to this Agreement. If the books and records are kept at locations other than the Airport, Company will arrange for said books and records to be brought to a location convenient to Authority’s auditors to conduct the engagement as set forth in this Article. Or, Company may transport Authority’s team to Company’s location of books and records for the purpose of undertaking said engagement. In such event, Company will pay reasonable costs of transportation, food and lodging for Authority’s team. In the event Company maintains the requested books and records in electronic format, upon request by Authority’s auditors, Company will provide a download or extract of data files in a computer readable format acceptable to Authority at no additional cost. Authority has the right during the engagement to interview Company’s employees, subconsultants, and subcontractors and to make photocopies of books and records as needed.