Common use of Fiscal Responsibility Clause in Contracts

Fiscal Responsibility. 13.1 The Operator agrees to keep and maintain, at its office in the Facility, separate and independent records, in accordance with generally accepted accounting principles, devoted exclusively to its Facility management operations in the City of Overland Park, Kansas. Said books, ledgers, journals, accounts, and records shall contain all entries reflecting the business operations of the Operator under this Agreement. All of the foregoing records shall be open for examination and audit by the Contract Administrator or City designated and authorized agents or personnel during the Operator’s ordinary business hours.

Fiscal Responsibility. 13.1 14.1. The Operator agrees to keep and maintain, at its office in the applicable Facility, separate and independent records, in accordance with generally accepted accounting principles, devoted exclusively to its Facility Facilities management operations in the City of Overland Park, Kansas. Said books, ledgers, journals, accounts, and records shall contain all entries reflecting the business operations of the Operator under this Agreement. All of the foregoing records shall be open for examination and audit by the Contract Administrator or City designated and authorized agents or personnel during the Operator’s ordinary business hours.