Common use of Reconciling Reports Clause in Contracts

Reconciling Reports. The Contractor shall reconcile costs reported to the Department to expenses recorded in the Contractor’s accounting system on an ongoing and periodic basis. The Contractor agrees that reconciliation will be completed at least quarterly and will be documented and supplied to the Department upon request. The Contractor shall retain the reconciliation documentation in accordance with record retention requirements.

Reconciling Reports. The Contractor shall reconcile costs reported to the Department to expenses recorded in the Contractor’s accounting system on an ongoing and periodic basis. The Contractor agrees that reconciliation will be completed at least quarterly and will be documented and supplied to the Department upon request. The Contractor shall retain the reconciliation documentation in accordance with record retention requirements.. Docusign Envelope ID: 3A42E372-E23F-4B9C-B356-92CB37BC2178