Common use of Examination of costs Clause in Contracts

Examination of costs. Subcontractor will maintain and VEIC, or an authorized representative of VEIC, will have the right to examine and audit all records and other evidence sufficient to reflect properly all costs claimed to have been incurred or anticipated to be incurred directly or indirectly in performance of this Subcontract. This right of examination will include inspection at all reasonable times of Subcontractor’s plants, or parts of them, engaged in performing this Subcontract.

Examination of costs. Subcontractor will maintain and VEICVEIC and the CO, or an any of their duly authorized representative of VEICrepresentatives, will have the right to examine and audit all records and other evidence sufficient to reflect properly all costs claimed to have been incurred or anticipated to be incurred directly or indirectly in performance of this Subcontract. This right of examination will include inspection at all reasonable times of Subcontractor’s plants, or parts of them, engaged in performing this Subcontract.