Common use of Record Keeping and Finance Controls Clause in Contracts

Record Keeping and Finance Controls. Design-Builder acknowledges that this Agreement is to be administered on an “open book” arrangement relative to Costs of the Work. Design-Builder shall keep

Appears in 5 contracts

Samples: Agreement Between Owner and Design Builder Cost Plus Fee With a Guaranteed Maximum Price, Agreement Between Owner and Design Builder Cost Plus Fee With a Guaranteed Maximum Price, Agreement Between Owner and Design Builder Cost Plus Fee With a Guaranteed Maximum Price

AutoNDA by SimpleDocs

Record Keeping and Finance Controls. Design-Builder acknowledges that this Agreement is to be administered on an “open book” arrangement relative to Costs of the Work. Design-Builder shall keepkeep full and detailed accounts and exercise such controls as may be necessary for proper financial management, using accounting and control systems in accordance with generally accepted accounting principles and as may be provided in the Contract Documents. During the performance of the Work and for a period of four

Appears in 1 contract

Samples: Progressive Design Build Agreement

Record Keeping and Finance Controls. Design-Builder acknowledges that this Agreement is to be administered on an “open book” arrangement relative to Costs of the Work. Design-Builder shall keepkeep full and detailed accounts and exercise such controls as may be necessary for proper financial management, using accounting and control systems in accordance with generally accepted accounting principles

Appears in 1 contract

Samples: Progressive Design Build Agreement

AutoNDA by SimpleDocs

Record Keeping and Finance Controls. Design-Builder acknowledges that this Agreement is to be administered on an “open book: arrangement relative to Costs of the Workwork. Design-Builder shall keepkeep full and detailed accounts and exercise such controls as may be necessary for proper financial management, using accounting and control systems in accordance with general accepted accounting principles and as may be provided in the Contract Documents. During the performance of the Work and for a period of three

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Design Builder

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!