Common use of Record Maintenance and Audit Clause in Contracts

Record Maintenance and Audit. (a) The Recipient will keep and maintain: (i) all financial records (including invoices) relating to the Funds or otherwise to the Project in a manner consistent with generally accepted accounting principles; (ii) all non-financial documents and records relating to the Funds or otherwise to the Project; and (iii) the accounts, records and other documents described in paragraphs A.7.2(a)(i) and (ii) for at least seven years after the expiry or termination of the Agreement.

Appears in 5 contracts

Samples: Transfer Payment Agreement, Transfer Payment Agreement, Transfer Payment Agreement

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