Common use of Records Administration and Audit Clause in Contracts

Records Administration and Audit. a. The Contractor shall maintain books, records, documents, and other evidence solely and directly pertaining to this Master Agreement and orders placed by Purchasing Entities under it to the extent and in such detail as shall adequately reflect performance and administration of payments and fees. Upon reasonable written notice and during Contractor’s normal business hours, Contractor shall permit the Lead State, a Participating Entity, a Purchasing Entity, the federal government (including its grant awarding entities and the U.S. Comptroller General), and any other duly authorized agent of a governmental agency, access to Contractor's books, documents, papers and records solely and directly pertinent to this Master Agreement or orders placed by a Purchasing Entity under it for the purpose of audit inspection. This right shall survive for a period of six (6) years following termination of this Agreement. Audits and audit results shall be treated as confidential by the Lead State, Participating Entity and Purchasing Entity, within the limits of the law including applicable public record laws. b. Without limiting any other remedy available to any governmental entity, the Contractor shall reimburse the applicable Lead State, Participating Entity, or Purchasing Entity for any overpayments inconsistent with the terms of the Master Agreement or orders or underpayment of fees found as a result of the examination of the Contractor’s records. c. The rights and obligations herein exist in addition to any quality assurance obligation in the Master Agreement requiring the Contractor to self-audit contract obligations.

Records Administration and Audit. a. 1. The Contractor shall maintain books, records, documents, and other evidence solely and directly pertaining to this Master Agreement and orders Orders placed by Purchasing Entities under it to the extent and in such detail as shall will adequately reflect performance and administration of payments and fees. Upon reasonable written notice and during Contractor’s normal business hours, Contractor shall permit the Lead State, a Participating Entity, a Purchasing Entity, the federal government (including its grant awarding entities and the U.S. Comptroller General), and any other duly authorized agent of a governmental agency, access to audit, inspect, examine, copy and/or transcribe Contractor's books, documents, papers and records solely and directly pertinent to this Master Agreement or orders placed by a Purchasing Entity under it for the purpose of audit inspectionmaking audits, examinations, excerpts, and transcriptions. This right shall will survive for a period of six (6) years following termination of this Agreement or final payment for any order placed by a Purchasing Entity against this Master Agreement, whichever 2. Audits and audit results shall be treated as confidential by the Lead State, Participating Entity and Purchasing Entity, within the limits of the law including applicable public record laws. b. Without limiting any other remedy available to any governmental entity, the Contractor shall reimburse the applicable Lead State, Participating Entity, or Purchasing Entity for any overpayments inconsistent with the terms of the Master Agreement or orders Orders or underpayment of fees found as a result of the examination of the Contractor’s records. c. 3. The rights and obligations herein exist in addition to any quality assurance obligation in the Master Agreement requiring that requires the Contractor to self-audit contract obligations and that permits the Lead State to review compliance with those obligations.

Records Administration and Audit. a. 14.1.1 The Contractor shall maintain books, records, documents, and other evidence solely and directly pertaining to this Master Agreement and orders Orders placed by Purchasing Entities under it to the extent and in such detail as shall will adequately reflect performance and administration of payments and fees. Upon reasonable written notice Subject to confidentiality agreements between Contractor and during Contractor’s normal business hoursthird parties, and no more than annually by each entity, Contractor shall permit the Lead State, a Participating Entity, a Purchasing Entity, the federal government (including its grant awarding entities and the U.S. Comptroller General), and any other duly authorized agent of a governmental agency, access to audit, inspect, examine, copy and/or transcribe Contractor's books, documents, papers and records solely and directly pertinent to this Master Agreement or orders placed by a Purchasing Entity under it for the purpose of audit inspectionmaking audits, examinations, excerpts, and transcriptions. This right shall will survive for a period of six (6) years following termination of this Agreement. Audits and audit results shall be treated as confidential Agreement or final payment for any order placed by the Lead State, Participating Entity and Purchasing Entity, within the limits of the law including applicable public record laws.a Purchasing b. 14.1.2 Without limiting any other remedy available to any governmental entity, the Contractor shall reimburse the applicable Lead State, Participating Entity, or Purchasing Entity for any overpayments inconsistent with the terms of the Master Agreement or orders Orders or underpayment of fees found as a result of the examination of the Contractor’s records. c. 14.1.3 The rights and obligations herein exist in addition to any quality assurance obligation in the Master Agreement requiring that requires the Contractor to self-audit contract obligations and that permits the Lead State to review compliance with those obligations.