Common use of B ooks and Records Clause in Contracts

B ooks and Records. Maintain adequate fiscal and Project books, records, documents, and other evidence pertinent to the contractor’s work on the Project in accordance with generally accepted accounting principles. Adequate supporting documentation shall be maintained in such detail so as to permit tracing transactions from the invoices, to the financial statement, to the accounting records, and to the supporting documentation. These records shall be maintained for the period set forth in Article 5 below, and shall be subject to examination and/or audit by the BSCC or designees, state government auditors or designees.

Appears in 6 contracts

Samples: Construction Agreement, Jail Construction Agreement, Corrections Jail Construction Agreement

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