Common use of CM Records Clause in Contracts

CM Records. The Construction Manager shall maintain all books, documents, papers, accounting records, and other evidence pertaining to the performance of this Agreement, including, without limitation, the costs of administering this Agreement (“CM Records”). The Construction Manager must keep such complete and accurate CM Records as are necessary for proper financial management related to this Agreement. All such CM Records must, as applicable, be maintained in accordance with generally accepted accounting principles. The Construction Manager shall make the CM Records available at its offices at all reasonable times during the term of this Agreement and until the later of four years from the date of final payment pursuant to this Agreement, or, if an audit is commenced within such four-year period, until such time as the proceedings related to the audit are complete. The Construction Manager shall provide access to the CM Records to the District, agencies or departments of the State, the State Auditor General, and any duly-authorized representative of the federal government for purposes of audits, examinations, excerpts, and transactions. Upon request, and at the expense of the requesting party unless provided otherwise by law, the Construction Manager shall provide copies of such CM Records as are requested.

CM Records. The Construction Manager shall maintain all books, documents, papers, accounting records, and other evidence pertaining to the performance of this Agreement, including, without limitation, the costs of administering this Agreement (“CM Records”). The Construction Manager must keep such complete and accurate CM Records as are necessary for proper financial management related to this Agreement. All such CM Records must, as applicable, be maintained in accordance with generally accepted accounting principles. The Construction Manager shall make the CM Records available at its offices at all reasonable times during the term of this Agreement and until the later of four years from the date of final payment pursuant to this Agreement, or, if an audit is commenced within such four-year period, until such time as the proceedings related to the audit are complete. The Construction Manager shall provide access to the CM Records to the District, agencies or departments of the State, the State Auditor General, and any duly-duly- authorized representative of the federal government for purposes of audits, examinations, excerpts, and transactions. Upon request, and at the expense of the requesting party unless provided otherwise by law, the Construction Manager shall provide copies of such CM Records as are requested.