Authority's Right to Perform Audits, Inspections, or Attestation Engagements. A. Notwithstanding Company's requirement to submit an annual certified statement or an annual audit report, at any time or times during the term of this Agreement or within five (5) years after the end of this Agreement, the Authority, FAA, Federal Highway Administration, FDOT, FEMA, Florida Auditor General, Florida Inspector General, Florida Chief Financial Officer, and the Comptroller General of the United States, or any duly authorized representative of each (Auditors), have the right to initiate and perform audits, inspections, or attestation engagements. Auditors have the right to review books, records, and contracts of Company and where applicable, all individuals or business entities who are party to this Agreement, to substantiate the accuracy of reported Gross Receipts and Company’s compliance with other provisions of this Agreement. This includes, but is not limited to, financial statements, general ledgers, sales journals, daily or periodic summary reports, inventory and purchasing records, cash receipt or computer terminal tapes or reports, bank deposit slips, bank statements, cancelled checks, tax reports/returns filed with State or Federal entities, and joint venture or partnership contracts. Such right of examination shall include cooperation by Company personnel (including, but not limited to, cooperation in sending confirmations to Company’s suppliers or others, assisting Auditors in obtaining from governmental entities official copies of tax reports/returns, and disclosing all bank or other accounts into which Gross Receipts are deposited) as reasonably considered necessary by Auditors to complete the engagement. There may be no limitation in the scope of the engagement that would hinder Auditors in testing the accuracy and completeness of the reported Gross Receipts. All such books, records, and contracts shall be kept for a minimum period of five
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Samples: Operating Agreement, Operating Agreement, Operating Agreement
