RECORDS, AUDIT, AND REVIEW. CONTRACTOR shall keep such business records pursuant to this Agreement as would be kept by a reasonably prudent practitioner of CONTRACTOR's profession and shall maintain such records for at least four (4) years following the termination of this Agreement. All accounting records shall be kept in accordance with generally accepted accounting practices. SBCAG shall have the right to audit and review all such documents and records at any time during CONTRACTOR's regular business hours or upon reasonable notice. In addition, if this Agreement exceeds ten thousand dollars ($10,000.00) CONTRACTOR shall be subject to the examination and audit of the State Auditor General for a period of three (3) years after final payment under the Agreement (Cal. Govt. Code Section 8546.7). CONTRACTOR shall participate in any audits and review, whether by SBCAG or the State, at no charge to SBCAG. If federal, state or other regulatory audit exceptions are made relating to this Agreement, CONTRACTOR shall reimburse all costs incurred by SBCAG associated with defending against the audit exceptions or performing any audits or follow-up audits, including but not limited to: audit fees, court costs, attorneys’ fees based upon a reasonable hourly amount for attorneys in the community, travel costs, penalty assessments and all other costs of whatever nature. Immediately upon notification from SBCAG, CONTRACTOR shall reimburse the amount of the audit exceptions and any other related costs directly to SBCAG as specified by SBCAG in the notification.
RECORDS, AUDIT, AND REVIEW. A. CONTRACTOR shall keep such business records pursuant to this Agreement as would be kept by a reasonably prudent practitioner of CONTRACTOR's profession and shall maintain such records for at least five (5) years following the termination of this Agreement. All accounting records shall be kept in accordance with generally accepted accounting practices. SBCAG shall have the right to audit and review all such documents and records at any time during CONTRACTOR's regular business hours or upon reasonable notice. In addition, if this Agreement exceeds ten thousand dollars ($10,000.00) CONTRACTOR shall be subject to the examination and audit of the State Auditor General for a period of three (3) years after final payment under the Agreement (Cal. Govt. Code Section 8546.7). CONTRACTOR shall participate in any audits and review, whether by SBCAG or the State, at no charge to SBCAG.
RECORDS, AUDIT, AND REVIEW. Santa Xxxxx shall keep such business records pursuant to this Agreement as would be kept by a reasonably prudent transit operator, and where necessary shall require CONTRACTOR to keep such records, and shall maintain or require the maintenance of such records for at least five (5) years following the termination of this Agreement. Such records shall include documents necessary to show compliance with Paragraph 14 “Performance Measures.” All accounting records shall be kept in accordance with generally accepted accounting principles. Any PARTY shall have the right to audit and review all such documents and records at any time during Santa Maria’s or CONTRACTOR's regular business hours upon reasonable notice.
RECORDS, AUDIT, AND REVIEW. The Parties shall keep such business records pursuant to this Agreement as would be kept by a reasonably prudent practitioner and shall maintain such records for at least four (4) years following the termination of this Agreement. All accounting records shall be kept in accordance with generally accepted accounting practices. Each Party shall have 18 the right to audit and review all such documents and records at any time during regular business hours or upon reasonable notice. In addition, if this Agreement exceeds ten thousand dollars ($10,000.00) CONTRACTOR shall be subject to the examination and audit of the State Auditor General for a period of three (3) years after final payment under the Agreement (Cal. Govt. Code
RECORDS, AUDIT, AND REVIEW. The PARTIES shall keep such business records pursuant to this MOU 2021 as would be kept by a reasonably prudent practitioner of its profession and shall maintain such records for at least four (4) years following the termination of this MOU 2021. All accounting records shall be kept in accordance with generally accepted accounting practices. The PARTIES shall have the right to audit and review all such documents and records at any time during regular business hours or upon reasonable notice. In addition, if this MOU 2021 exceeds ten thousand dollars ($10,000.00) the PARTIES shall be subject to the examination and audit of the State Auditor General for a period of three (3) years after final payment under the MOU 2021 (Cal. Govt. Code Section 8546.7). The PARTIES shall participate in any audits and review, whether by SBCAG or the State, at no charge to SBCAG.
RECORDS, AUDIT, AND REVIEW. CONTRACTOR shall keep such business records pursuant to this Agreement as would be kept by a reasonably prudent transit provider. Fiscal year shall be defined as the period of July 1 through June 30 in which said records pertain. All accounting records shall be kept in accordance with generally accepted accounting practices.
RECORDS, AUDIT, AND REVIEW. DISTRICT shall keep and maintain business records pursuant to this MOU for at least four
RECORDS, AUDIT, AND REVIEW. Counsel shall keep such business records pursuant to this Agreement as would be kept by a reasonably prudent practitioner of Counsel’s profession and shall maintain such records for at least four (4) years following the termination of this Agreement.
RECORDS, AUDIT, AND REVIEW. AGENCY shall keep such business records pursuant to this MOU as would be kept by a reasonably prudent transit provider and shall maintain such records for at least four (4) years following the AGENCY’s fiscal year end (June 30) in which said records pertain. All accounting records shall be kept in accordance with generally accepted accounting practices. SBCAG shall have the right to audit and review all such documents and records at any time during AGENCY’S regular business hours or upon reasonable notice. In addition, if this MOU exceeds Ten Thousand Dollars ($10,000.00) AGENCY shall be subject to the examination and audit of the State Auditor General for a period of three (3) years after final payment under the MOU (Cal. Govt. Code Section 8546.7). AGENCY shall participate in any audits and review, whether by SBCAG or the State, at no charge to SBCAG.
RECORDS, AUDIT, AND REVIEW. OPERATOR shall keep such business records pursuant to this MOU as would be kept by a reasonably prudent practitioner of OPERATOR's profession and shall maintain such records for at least four (4) years following the termination of this MOU. All accounting records shall be kept in accordance with generally accepted accounting practices. SBCAG shall have the right to audit and review all such documents and records at any time during OPERATOR's regular business hours or upon reasonable notice. If federal, state or other regulatory audit exceptions are made relating to this MOU, OPERATOR shall cooperate with SBCAG and the auditors. OPERATOR and SBCAG shall each bear their own costs associated with the audits.
