Type of Records. The Contractor shall maintain records related to this agreement that fully disclose and document: i. The amount and disposition by the Contractor of all funds received by it from the Commonwealth; ii. The total cost of the project or undertaking in connection with the project with which the funds are given or used; iii. The amount of that portion of cost of the project supplied by other sources; iv. All expenses, including payroll records, to ensure that costs reported on invoices are allowable, allocable, and reimbursable costs under the award; and, v. How the Contractor has separated grant expenditures in order to properly allocate costs to existing grants and ensure compliance with the requirements of the award.
Appears in 4 contracts
Sources: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement