Common use of Audit of Books Clause in Contracts

Audit of Books. Financial reports, supporting documents and other records related to this Agreement shall be retained by Subrecipient for a period of three (3) years from the date of final payment except that records that relate to audits, appeals, litigation or the settlement of claims arising out of performance of this Agreement shall be retained until such audits, appeals, litigation or claims have been disposed of.

Audit of Books. Financial reports, supporting documents and other records related to this Agreement shall be retained by Subrecipient ▇▇▇▇▇ for a period of three (3) years from the date of final payment except that records that relate to audits, appeals, litigation or the settlement of claims arising out of performance of this Agreement shall be retained until such audits, appeals, litigation or claims have been disposed of.