Common use of EXAMINATION, AUDIT and REPORTING Clause in Contracts

EXAMINATION, AUDIT and REPORTING. 9.8.1 Records of the Design-Builder’s direct personnel, consultants, extra and reimbursable expenses pertaining to the project shall be kept on a generally recognized accounting basis and shall be available to the Trustees or authorized representative at mutually convenient times. 9.8.2 If the Agreement exceeds $10,000 the contracting parties shall be subject to the examination and audit of the State Auditor of the State of California and the California State University Auditor for a period of three years after final payment under the Agreement. The examination and audit shall be confined to those matters connected with the performance of this Agreement, including, but not limited to, the costs of administering this Agreement (Government Code section 8546.7). 9.8.3 Design-Builder performance is evaluated on a per-project basis. Evaluations are shared systemwide and are considered in the award of future commissions and in the renewal of CSU systemwide project architect prequalification.

EXAMINATION, AUDIT and REPORTING. 9.8.1 Records of the Design-BuilderArchitect/Engineer’s direct personnel, consultants, extra and reimbursable expenses pertaining to the project shall be kept on a generally recognized accounting basis and shall be available to the Trustees or authorized representative at mutually convenient times. 9.8.2 If the Agreement exceeds $10,000 the contracting parties shall be subject to the examination and audit of the State Auditor of the State of California and the California State University Auditor for a period of three years after final payment under the Agreement. The examination and audit shall be confined to those matters connected with the performance of this Agreement, including, but not limited to, the costs of administering this Agreement (Government Code section Section 8546.7). 9.8.3 Design-Builder Architect/Engineer performance is evaluated on a per-project basis. Evaluations are shared systemwide and are considered in the award of future commissions and in the renewal of CSU systemwide project architect prequalification.