Common use of Records Storage Clause in Contracts

Records Storage. The Grantee shall maintain its records and accounts in such a way as to facilitate any audits or examinations conducted in accordance with this Agreement or under applicable laws, regulations, or policies. Grantee shall also require that Subcontractors also maintain records that are auditable in accordance with Generally Accepted Accounting Principles.

Appears in 11 contracts

Sources: Contract Agreement for Workforce Development Services, Contract K7219, General Terms and Conditions Agreement

Records Storage. The Grantee shall maintain its records and accounts in such a way as to facilitate any audits or examinations conducted in accordance with this Agreement or under applicable laws, regulations, or policies. Grantee shall also require that Subcontractors also maintain records that are auditable in accordance with Generally Accepted Accounting PrinciplesAccountingStandard.

Appears in 1 contract

Sources: General Terms and Conditions Agreement