Common use of Accounting Requirements Clause in Contracts

Accounting Requirements. Contractor shall establish and maintain an accounting system with procedures and practices in accordance with generally accepted accounting principles. The accounting system shall maintain records pertaining to the Services and all other costs and expenditures made under this Agreement, and the costs properly applicable to the Agreement shall be readily ascertainable therefrom.

Appears in 9 contracts

Sources: Maintenance and Operations Agreement, Maintenance and Operations Agreement, Maintenance and Operations Agreement

Accounting Requirements. Contractor shall establish and maintain an accounting system with procedures and practices in accordance with generally accepted accounting principles. The accounting system shall maintain records pertaining to the Services and all other costs and expenditures made under this AgreementContract, and the costs properly applicable to the Agreement Contract shall be readily ascertainable therefrom.

Appears in 5 contracts

Sources: Telecommunications, Consumer Directed Employer Contract, Agency Contract

Accounting Requirements. Contractor shall establish and maintain an accounting system with procedures and practices in accordance with generally accepted accounting principles. The accounting system shall maintain records pertaining to the Services and all other costs and expenditures made under this AgreementContract, and the costs properly applicable to the Agreement Contract shall be readily ascertainable therefromascertainable.

Appears in 1 contract

Sources: Implementation Contract