Common use of Records Retention and Audit Clause in Contracts

Records Retention and Audit. During the progress of the work on the Project and for a period not less than three (3) years from the date of final payment by the Port to the City, the records and accounts pertaining to the Project and accounting thereof are to be kept available for inspection and audit by the Port and the City shall provide the Port with copies of all records, accounts, documents, or other data pertaining to the Project upon the Port’s request. If any litigation, claim, or audit is commenced, the records and accounts along with supporting documentation shall be retained until all litigation, claims, or audit finding has been resolved, even though such litigation, claim, or audit continues past the typical three year retention period. This provision is not intended to alter or amend records retention requirements established by applicable state and federal laws.

Appears in 2 contracts

Samples: Interlocal Agreement, Interlocal Agreement

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Records Retention and Audit. During the progress of the work on the Project and for a period not less than three (3) years from the date of final payment by the Port to the CityCounty, the records and accounts pertaining to the Project and accounting thereof are to be kept available for inspection and audit by the Port and the City County shall provide the Port with copies of all records, accounts, documents, or other data pertaining to the Project upon the Port’s request. If any litigation, claim, or audit is commenced, the records and accounts along with supporting documentation shall be retained until all litigation, claims, or audit finding has findings have been resolved, even though such litigation, claim, or audit continues past the typical three year retention period. This provision is not intended to alter or amend records retention requirements established by applicable state and federal laws.

Appears in 2 contracts

Samples: Interlocal Agreement, Interlocal Agreement

Records Retention and Audit. During the progress of the work on the Project and for a period not less than three (3) years from the date of final payment by the Port to the City, the records and accounts pertaining to the Project and accounting thereof are to be kept available for inspection and audit by the Port and the City shall provide the Port with copies of all records, accounts, documents, or other data pertaining to the Project upon the Port’s request. If any litigation, claim, or audit is commenced, the records and accounts along with supporting documentation shall be retained until all litigation, claims, or audit finding has findings have been resolved, even though such litigation, claim, or audit continues past the typical three year retention period. This provision is not intended to alter or amend records retention requirements established by applicable state and federal laws.

Appears in 1 contract

Samples: Memorandum of Agreement

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Records Retention and Audit. During the progress of the work on the Project Projects and for a period not less than three (3) years from the date of final payment by the Port to the City, the records and accounts pertaining to the Project Projects and accounting thereof are to be kept available for inspection and audit by the Port and the City shall provide the Port with copies of all records, accounts, documents, or other data pertaining to the Project Projects upon the Port’s request. If any litigation, claim, or audit is commenced, the records and accounts along with supporting documentation shall be retained until all litigation, claims, or audit finding has findings have been resolved, even though such litigation, claim, or audit continues past the typical three year retention period. This provision is not intended to alter or amend records retention requirements established by applicable state and federal laws.

Appears in 1 contract

Samples: meetings.portseattle.org

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