Common use of Comptroller General Access to Records Clause in Contracts

Comptroller General Access to Records. The Agreements Officer or representative, and the Comptroller General of the United States, in its discretion, shall have access to and the right to examine records of any party to the Base Agreement or any entity that participates in the performance of this Base Agreement that directly pertain to, and involve transactions relating to, the Base Agreement for a period of three (3) years after final payment is made. This requirement shall not apply with respect to any party to this Base Agreement or any entity that participates in the performance of the Base Agreement, or any subordinate element of such party or entity, that, in the year prior to the date of the Base Agreement, has not entered into any other contract, grant, cooperative agreement, or "Other Transaction" agreement that provides for audit access to its records by a government entity in the year prior to the date of this Base Agreement. This paragraph only applies to any record that is created or maintained in the ordinary course of business or pursuant to a provision of law. The terms of this paragraph shall be included in all sub- agreements/contracts issued under any Prototype Award to the Base Agreement.