Contemporary Records Clause Samples
The Contemporary Records clause requires parties to maintain accurate and up-to-date records related to their obligations under the agreement. This typically involves keeping detailed documentation of transactions, communications, or other relevant activities in a manner that reflects current information. By mandating the maintenance of such records, the clause ensures transparency and accountability, making it easier to verify compliance and resolve disputes if they arise.
Contemporary Records. Upon the happening of the event referred in the Bid Document (General Conditions), the contractor shall keep such contemporary records as may reasonably necessary to support any claim he may subsequently wish to make. Without necessarily admitting to employer’s liability, the employer may, on receipt of a notice inspect such contemporary records and may instruct the contractor to keep any further contemporary records as are reasonably and may be material to the claim of which notice has been given. The contractor shall permit the employer to inspect all records kept pursuant to this sub clause and shall supply to him copies thereof as and when the employer so instructs.
Contemporary Records. Upon the happening of any event in respect of which the Contractor may intend to make a claim, the Contractor shall keep such contemporary records as may reasonably be necessary to support any claim he may subsequently wish to make. Without necessarily admitting the Employer‟s liability, the Superintending Officer may, on receipt of a notice under Clause 23.1, inspect such contemporary records and may instruct the Contractor to keep any further contemporary records which he considers to be material to the claim of which notice has been given. The Contractor shall permit the Superintending Officer to inspect all records kept pursuant to this Clause and shall supply him with copies of such records as and when the Superintending Officer so instructs.
Contemporary Records. For any determination of Direct Losses under Section 1.7 [Effect on Schedule] or valuation of Changes pursuant to this Schedule 13 [Changes], Project Co shall provide to the City appropriate contemporary records to substantiate the Direct Losses or valuation, as applicable.
Contemporary Records. In addition to the accounts referred above, the Client's Representative shall keep such contemporary records as may reasonable and necessary to support any claim it may wish to make. The Client shall inspect such contemporary records and may instruct the Client’s Representative to keep any further contemporary records as are reasonable and may be material to the relevant claim. The Client's Representative shall permit the Client to inspect all records kept and shall supply copies as and when the Client shall so instruct.
Contemporary Records. (a) Upon the happening of any event in respect of which the Contractor may intend to claim for Loss and Expense, the Contractor shall keep such contemporary records as may be reasonably necessary to support any claim he may subsequently wish to make.
(b) Without necessarily admitting the Employer’s liability, the Superintending Officer may, on receipt of a notice under Clause 32.1, inspect such contemporary records and may instruct the Contractor to keep any further records which he considers to be material to the claim of which notice has been given.
(c) The Contractor shall permit the Superintending Officer to inspect all records kept pursuant to this Clause 32.2 and shall supply him with copies of such records as and when the Superintending Officer so instructs.