Project Account Records Sample Clauses

The 'Project Account Records' clause requires parties involved in a project to maintain accurate and detailed records of all financial transactions and activities related to the project account. Typically, this means keeping ledgers, receipts, invoices, and supporting documentation that reflect all deposits, withdrawals, and expenditures associated with the project. By mandating thorough record-keeping, the clause ensures transparency and accountability, making it easier to audit project finances and resolve any disputes regarding the use of funds.
Project Account Records. 1. Project data and records a. The Design-Builder and each Subcontractor must keep an accurate record showing the names, occupation, and the actual hourly wages paid to all laborers, workers, and mechanics employed by them in connection with the Work. Such record must be open at all reasonable hours to the inspection of the Commission and to the Director of Labor of the State of Illinois and his/her deputies and agents. The Design-Builder also must furnish the Commission with certified copies of its payrolls in accordance with Section 16.02 “Payment Applications.” b. The Design-Builder and all Subcontractors must furnish the Commission with such information as the Commission may require relating to labor and materials, including all information necessary to determine the cost of the Work, such as the number of workers employed, their pay, the distribution of labor into Work items, equipment time distribution, and any other information which the Commission may require. The Design-Builder must, on request, furnish the Commission with copies of delivery tickets and invoices covering the expenditures on the Contract.
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Project Account Records. 1. Project data and records a. The Contractor and each Subcontractor must keep an accurate record showing the names, occupation, and the actual hourly wages paid to all laborers, workers, and mechanics employed by them in connection with the Work. Such record must be open at all reasonable hours to the inspection of the Commission and to the Director of Labor of the State of Illinois and his/her deputies and agents. The Contractor also must furnish the Commission with certified copies of its payrolls in accordance with Section 16.02 “Payment Applications.” b. The Contractor and all Subcontractors must furnish the Commission with such information as the Commission may require relating to labor and materials, including all information necessary to determine the cost of the Work, such as the number of workers employed, their pay, the distribution of labor into Work items, equipment time distribution, and any other information which the Commission may require. The Contractor must, on request, furnish the Commission with copies of delivery tickets and invoices covering the expenditures on the Contract.
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Project Account Records. The City shall maintain books of records and accounts in which full, true, and proper entries will be made of all dealings, transactions, business, and any other matters which in any way affect or pertain to the design and construction of the Project and the payment of Project Costs according to each Party’s Pro Rata Share.
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Project Account Records. (a) The Contractor must keep books, documents, papers, records and accounts related to the Contract open for inspection by the CTA, the FTA Administrator, the RTA, the Comptroller General of the United States, any applicable authority of the State of Illinois, or any of their duly authorized representatives. The Contractor agrees to permit the authorized representatives to reproduce by any means whatsoever excerpts and transcriptions as reasonably needed. (b) The Contractor must furnish the CTA with certified copies of payrolls in such number as (c) The Contractor must maintain an accurate record showing the names and occupation of all laborers, employees and mechanics employed in connection with the Work, and showing also the actual hourly wages paid to each worker. (d) The Contractor must, if required, furnish to the CTA a written statement, verified by affidavit, giving the names and addresses of all persons, firms, and corporations who have, up to the date thereof, furnished labor or material in or about the performance of the Contract, and the amounts due or to become due to said parties. (e) The Contractor must furnish the CTA with such information as may be required relating to the progress and execution of the Work and the character of the materials including all information necessary to determine the cost of the work, such as the number of employees, their pay, the distribution of labor into Work items, equipment time distribution, delivery tickets, invoices, and any other information that the CTA may require.
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Project Account Records 
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Related to Project Account Records

  • Account Records Permanent Mortgage Loan account records must be maintained by the Servicer for each Mortgage Loan. Each account record must be identifiable by the Servicer Loan Number.

  • Project Accounts The Grantee agrees to establish and maintain for the Project either a separate set of accounts or accounts within the framework of an established accounting system, in a manner consistent with 49 C.F.R. § 18.20, or 49 C.F.R. § 19.21, as amended, whichever is applicable.

  • Accounts and Records The accounts and records maintained by ALPS shall be the property of the Fund. ALPS shall prepare, maintain and preserve such accounts and records as required by the 1940 Act and other applicable securities laws, rules and regulations. ALPS shall surrender such accounts and records to the Fund, in the form in which such accounts and records have been maintained or preserved, promptly upon receipt of instructions from the Fund. The Fund shall have access to such accounts and records at all times during ALPS’ normal business hours. Upon the reasonable request of the Fund, copies of any such books and records shall be provided by ALPS to the Fund at the Fund’s expense. ALPS shall assist the Fund, the Fund’s independent auditors, or, upon approval of the Fund, any regulatory body, in any requested review of the Fund’s accounts and records, and reports by ALPS or its independent accountants concerning its accounting system and internal auditing controls will be open to such entities for audit or inspection upon reasonable request. ALPS or its undersigned as defined by Rule 17a-4 of the Securities and Exchange Act (the “Exchange Act”), shall have access to all electronic communications, including password access to the system storing the electronic communications, of registered representatives of ALPS that are associated with the Fund and are required to be maintained under Rule 17a-4 of the Exchange Act and FINRA Rules 3110 and 3010. Electronic storage media maintained by the Fund will comply with Rule 17a-4 of the Exchange Act.

  • Client Records 26.2.1 CONTRACTOR shall prepare and maintain accurate and complete records of clients served and dates and type of services provided under the terms of this Contract in a form acceptable to ADMINISTRATOR. 26.2.2 CONTRACTOR shall keep all COUNTY data provided to CONTRACTOR during the term(s) of this Contract for a minimum of five

  • Maintenance of Accounts and Records (a) The Servicer shall maintain accounts and records as to the Recovery Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Fixed Recovery Charge Payments received by the Servicer and FRC Collections from time to time deposited in the Collection Account. (b) The Servicer shall permit the Indenture Trustee and its agents at any time during normal business hours, upon reasonable notice to the Servicer and to the extent it does not unreasonably interfere with the Servicer’s normal operations, to inspect, audit and make copies of and abstracts from the Servicer’s records regarding the Recovery Property and the Fixed Recovery Charges. Nothing in this Section 8.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any CPUC Regulation) prohibiting disclosure of information regarding the Consumers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 8.02(b).