Common use of Statements and Records Clause in Contracts

Statements and Records. The FSMC shall be required to submit Operating Statements to the SFA each Accounting Period. Records should be maintained to support the District’s claims for any reimbursement. Operating Statements shall include Operating Revenue, Operating Expenses including a) Direct Labor Costs, b) Fixed Costs per Meal, c) Indirect Labor Costs Per Meal d)

Appears in 2 contracts

Sources: Food Service Management Agreement, Food Service Management Agreement