Common use of Obligation to Maintain Records Clause in Contracts

Obligation to Maintain Records. All employers are required to maintain records (including records of hours worked and compensated) sufficient to determine the accuracy of the contributions made to the Trust. Pursuant to federal law, records are to be retained for seven years after the contributions are made. If records are insufficient to determine whether contributions were in fact due, the Trust in its discretion may employ a presumption that employees who appear to have performed any bargaining unit work in a month did have sufficient hours in a month to require a contribution.

Obligation to Maintain Records. All employers are required to maintain records (including records of hours worked and compensated) sufficient to determine the accuracy of the contributions made to the Trust. Pursuant to federal law, records are to be retained for seven years after the contributions are made. If records are insufficient to determine whether contributions were in fact due, the Trust in its discretion may employ a presumption that employees who appear to have performed any bargaining unit work covered by this Agreement in a month did have sufficient hours in a month to require a contribution.