Common use of Retention Requirements for Records Clause in Contracts

Retention Requirements for Records. a. Upon reasonable notice, the Recipient shall have access to the Subrecipient’s records during normal business hours. b. The Subrecipient shall maintain all records pertinent to the activities to be funded under this Agreement for a period of five (5) years after final payment is received and for such additional period as may be required until all claims, litigation and appeals pertaining or related to the Agreement have been completely resolved.

Appears in 4 contracts

Sources: Federal Financial Assistance Subrecipient Agreement, Federal Financial Assistance Subrecipient Agreement, Federal Financial Assistance Subrecipient Agreement

Retention Requirements for Records. a. Upon reasonable notice, the Recipient RECIPIENT shall have access to the Subrecipient’s SUBRECIPIENT’S records during normal business hours. b. The Subrecipient SUBRECIPIENT shall maintain all records pertinent to the activities to be funded under this Agreement AGREEMENT for a period of five (5) years after final payment is received and for such additional period as may be required until all claims, litigation and appeals pertaining or related to the Agreement AGREEMENT have been completely resolved.

Appears in 2 contracts

Sources: Federal Financial Assistance Subrecipient Agreement, Federal Financial Assistance Subrecipient Agreement