Common use of Agreements with Subcontractors Clause in Contracts

Agreements with Subcontractors. Manager shall include a clause in its agreements with subcontractors reserving the right for audits to be performed by its own employee representative(s) or its contracted representatives, and representatives from City, or its contracted representative(s), who shall have the right to audit and examine any cost, revenue, payment, charges, claim, other record, or supporting documents resulting from any items set forth in its agreements. The clause shall further set forth that this right to audit shall extend during the length of this Agreement and for a period of four (4) years following the date of final payment under this Agreement, or until any on-going audit is completed, and such subcontractor agrees to retain all necessary records and documentation for the entire length of this audit period.‌

Appears in 2 contracts

Samples: Facility Management Agreement, Facility Management Agreement

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Agreements with Subcontractors. Manager Contractor shall include a clause in its agreements with subcontractors reserving the right for audits to be performed by its own employee representative(s) or its contracted representatives, and representatives from fro m City, or its contracted representative(s), who shall have the right to audit and examine any cost, revenue, payment, charges, claim, other record, or supporting documents resulting from any items set forth in its agreements. The clause shall further set forth that this right to audit shall extend during the length of this Agreement and for a period of four (4) years following the date of final payment under this Agreement, or until any on-going audit is completed, and such subcontractor agrees to retain all necessary records and documentation for the entire length of this audit period.‌period.

Appears in 1 contract

Samples: Major Maintenance Agreement

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Agreements with Subcontractors. Manager shall include a clause in its agreements with subcontractors reserving the right for audits to be performed by its own employee representative(s) or its contracted representatives, and representatives from City, or its contracted representative(s), who shall have the right to audit and examine any cost, revenue, payment, charges, claim, other record, or supporting documents resulting from any items set forth in its agreements. The clause shall further set forth that this right to audit shall extend during the length of this Agreement and for a period of four (4) years following the date of final payment under this Agreement, or until any on-going audit is completed, and such subcontractor agrees to retain all necessary records and documentation for the entire length of this audit period.‌period.

Appears in 1 contract

Samples: Facility Management Agreement

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