Common use of AUDIT/RETENTION OF RECORDS Clause in Contracts

AUDIT/RETENTION OF RECORDS. CONTRACTOR shall allow the authorized representatives of PVTA, the U.S. Department of Transportation, the Comptroller General of the United States, and the State of California, the Los Angeles County Metropolitan Transportation Authority, the County of Los Angeles to inspect and audit all data and records of the CONTRACTOR relating to performance under this AGREEMENT. Such audit shall be allowed upon reasonable notice of any aforementioned agency. Further, CONTRACTOR shall maintain all required records for three years after final payment under this AGREEMENT and until all other pending matters are closed.

Appears in 2 contracts

Sources: Transportation Management Agreement, Management, Operations and Maintenance Services Agreement