Contractor’s Records definition

Contractor’s Records means i. all accounting and administrative records, books of account, invoices, receipts or vouchers produced or received by the Contractor or any Subcontractor pertaining to the Services as a result of this Agreement;
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Contractor’s Records as referred to in this Agreement shall include any and all information, materials and data of every kind and character, including without limitation, records, books, papers, documents, subscriptions, recordings, agreements, purchase orders, leases, contracts, commitments, arrangements, notes, daily diaries, project logs, daily reports, superintendent reports, drawings, receipts, vouchers and memoranda and any and all other agreements, sources of information and matters that in OWNER’S judgment may pertain to the Agreement, Authorized Work, any Change Order or work performed under the warranty during the Warranty Period. Such records shall include (in hard copy and computer readable format if available), written policies and procedures; time sheets; payroll registers; cancelled checks; subcontract files (including proposal of successful and unsuccessful bidders; bid recaps, etc.); original estimates; estimating work sheets; correspondence; change order files (including documentation covering negotiated settlements); backcharge logs and supporting documentation; general ledger entries detailing cash and trade discounts; insurance and bond rebates and dividends; and any other CONTRACTOR records which may have a bearing on matter of interest to the OWNER in connection with the CONTRACTOR’S dealings with the OWNER (all foregoing hereinafter referred to as “Records”) to the extent necessary to adequately permit evaluation and verification of: a) CONTRACTOR’S compliance with Agreement’s requirements; b) compliance with OWNER’S business ethics policies; and c) compliance with provisions for Change Orders, invoices or claims submitted by the CONTRACTOR or CONTRACTOR’S payees (examples of payees include subcontractors, insurance agents, material supplies, etc.) CONTRACTOR shall require all payees to comply with the provisions of this Article 9(G) by incurring the requirements hereof in a written contract agreement between CONTRACTOR and payee. Such requirements to include flow-down right of audit provisions in contracts with payees will also include but not limited to subcontractors and sub- subcontractors, materialmen, and suppliers. CONTRACTOR will cooperate fully and will cause related parties and all of CONTRACTOR’S subcontractors (including those entering into lump sum subcontracts) to cooperate fully in furnishing or in making available to OWNER from time to time, whenever requested in an expeditious manner, any Records. OWNER’S authorized representative or de...
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Examples of Contractor’s Records in a sentence

  • During performance of the Work and for the required record retention period, Contractor shall permit duly authorized agents and employees of County to enter Contractor’s offices to inspect, review, copy, examine, and/or audit Contractor’s Records at all reasonable times with a minimum of two (2) business days’ notice from County.

  • The Contractor shall consider the CofC to be a record in accordance with clause A23 (Contractor’s Records).

  • The Contractor shall consider the CofC to be a record in accordance with Condition 17 (Contractor’s Records).

  • The Contractor shall maintain records of all Timber and Wood-Derived Products delivered to and accepted by the Authority, in accordance with Condition 17 (Contractor’s Records).

  • The Contractor shall consider the CofC to be a record in accordance with condition 18 (Contractor’s Records).

  • The Contractor shall maintain records of all Timber and Wood-Derived Products delivered to and accepted by the Authority, in accordance with condition 18 (Contractor’s Records).

  • Contractor agrees to allow access to all of Contractor’s Records, its facilities, and its current or former employees, deemed reasonably necessary by the auditor, to perform such Audit.

  • The Contractor shall consider the CofC to be a record in accordance with condition A23 (Contractor’s Records).

  • The damages specified in the sections titled Termination for Default and Review of Contractor’s Records are not consequential, incidental, indirect, or special damages as that term is used in this section.

  • If this Contract is terminated, Contractor’s Records shall be preserved and made available for a period of three years from the date of termination or of any resulting final settlement, whichever is later.