Audits and Inspection of Records. Contractor agrees to maintain and make available to the LAFCO, during regular business hours, accurate books and accounting records relating to its work under this Agreement. Contractor will permit LAFCO to audit, examine and make excerpts and transcripts from such books and records, and to make audits of all invoices, materials, payrolls, records or personnel and other data related to all other matters covered by this Agreement, whether funded in whole or in part under this Agreement. Contractor shall maintain such data and records in an accessible location and condition for a period of not less than three years after final payment under this Agreement or until after final audit has been resolved, whichever is later. The State of California or any federal agency having an interest in the subject matter of this Agreement shall have the same rights conferred upon LAFCO by this Section.
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Sources: Consulting Agreement, Consulting Agreement