CM Accounting Records. CM shall maintain complete and accurate records of its personnel engaged in performing any service hereunder, personnel expenses and other General Conditions costs incurred in connection with performance under this Agreement. Records shall be maintained on the basis of generally accepted accounting principles applied consistently and shall be available for inspection or reproduction by the Owner upon reasonable request at any time during CM’s performance hereunder. Following completion of the Project and the Agreement or the termination of this Agreement, CM shall maintain accounting records for five (5) years or such longer period required by applicable law, code, rule or regulation, during which time such records shall be available to Owner or as otherwise required by law, code, rule or regulation for inspection or reproduction.
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Samples: Construction Management Services Agreement, Construction Management Services Agreement
CM Accounting Records. CM shall maintain complete and accurate records of its personnel engaged in performing any service hereunder, personnel expenses expenses, and other General Conditions direct costs incurred in connection with performance under this Agreement. Records shall be maintained on the basis of generally accepted accounting principles applied consistently and shall be available for inspection or reproduction by the Owner District upon reasonable request at any time during CM’s performance hereunder. Following completion of the Project and the Agreement or the termination of this Agreement, CM shall maintain accounting records for five (5) years or such longer period required by applicable law, code, rule or regulation, during which time such records shall be available to Owner District or as otherwise required by law, code, rule or regulation for inspection or reproduction.
Appears in 2 contracts
Samples: Construction Management Services Agreement, Construction Management Services Agreement
CM Accounting Records. CM shall maintain complete and accurate records of its personnel engaged in performing any service hereunder, personnel expenses and other General Conditions costs incurred in connection with performance under this Agreement. Records shall be maintained on the basis of generally accepted accounting principles applied applies consistently and shall be available for inspection or reproduction by the Owner upon reasonable request at any time during CM’s performance hereunder. Following completion of the Project and the Agreement or the termination of this Agreement, CM shall maintain accounting records for five (5) years or such longer period required by applicable law, code, rule or regulation, during which time such records shall be available to Owner or as otherwise required by law, code, rule or regulation for inspection or reproduction.
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