Accounting; Audit Access. The CM/GC shall keep full and detailed accounts and exercise such controls as may be necessary for proper financial management under the Contract. The accounting and control systems shall be satisfactory to the Department. The Department the State of Tennessee Comptroller of the Treasury, and the Federal Highway Administration (FHWA), shall be afforded reasonable and regular access to the CM/GC's records, books, correspondence, instructions, drawings, receipts, subcontracts, purchase orders, vouchers, memoranda and all other Project Records relating to the Contract, and the CM/GC shall preserve these for a period of six (6) years after Final Acceptance, or until all disputes, if any, concerning the Contract or the Project have been resolved, whichever occurs later, or for such longer period as may be required by law.
Appears in 4 contracts
Sources: Construction Manager/General Contractor Agreement, Construction Manager/General Contractor Agreement, Construction Manager/General Contractor Agreement
Accounting; Audit Access. The CM/GC shall keep full and detailed accounts and exercise such controls as may be necessary for proper financial management under the Contract. The accounting and control systems shall be satisfactory to the Department. The Department the State of Tennessee Comptroller of the Treasury, and the Federal Highway Administration (FHWA), ) shall be afforded reasonable and regular access to the CM/GC's records, books, correspondence, instructions, drawings, receipts, subcontracts, purchase orders, vouchers, memoranda and all other Project Records relating to the Contract, and the CM/GC shall preserve these for a period of six (6) years after Final Acceptance, or until all disputes, if any, concerning the Contract or the Project have been resolved, whichever occurs later, or for such longer period as may be required by law.
Appears in 2 contracts
Sources: Cm/Gc Contract, Construction Manager/General Contractor Agreement
Accounting; Audit Access. The CM/GC shall keep full and detailed accounts and exercise such controls as may be necessary for proper financial management under the Contract. The accounting and control systems shall be satisfactory to the Department. The Department Department, the State of Tennessee Comptroller of the Treasury, and the Federal Highway Administration (FHWA), shall be afforded reasonable and regular access to the CM/GC's records, books, correspondence, instructions, drawings, receipts, subcontracts, purchase orders, vouchers, memoranda and all other Project Records relating to the Contract, and the CM/GC shall preserve these for a period of six five (65) years after Final Acceptance, or until all disputes, if any, concerning the Contract or the Project have been resolved, whichever occurs later, or for such longer period as may be required by law.
Appears in 1 contract