Common use of Audit Rights and Retention of Records Clause in Contracts

Audit Rights and Retention of Records. County shall have the right to audit the books, records, and accounts of ISC and its subcontractors that are related to this Agreement. ISC and its subcontractors shall keep such books, records, and accounts as may be necessary in order to record complete and correct entries related to the Agreement and performance thereunder. All books, records, and accounts of ISC and its subcontractors shall be kept in written form, or in a form capable of conversion into written form within a reasonable time, and upon request to do so, ISC or its subcontractor, as applicable, shall make same available at no cost to County in written form. ISC and its subcontractors shall preserve and make available, at reasonable times within Broward County for examination and audit by County, all financial records, supporting documents, statistical records, and any other documents pertinent to this Agreement for a minimum period of three (3) years after expiration or termination of this Agreement or until resolution of any audit findings, whichever is longer. County audits and inspections pursuant to this section may be performed by any County representative (including any outside representative engaged by County). County reserves the right to conduct such audit or review at ISC's place of business, if deemed appropriate by County, with seventy- two (72) hours' advance notice. Any incomplete or incorrect entry in such books, records, and accounts shall be a basis for County's disallowance and recovery of any payment upon such entry. If an audit or inspection in accordance with this section discloses overpricing or overcharges to County of any nature by ISC in excess of five percent (5%) of the total contract xxxxxxxx reviewed by County, the reasonable actual cost of the County’s audit shall be reimbursed to the County by ISC in addition to making adjustments for the overcharges. Any adjustments or payments due as a result of such audit or inspection shall be made within thirty (30) days from presentation of County's findings to ISC. ISC shall ensure that the requirements of this section are included in all agreements with its subcontractor(s).

Audit Rights and Retention of Records. County shall have the right to audit the books, records, and accounts of ISC SBBC and its subcontractors that are related to this Agreement. ISC Such rights include, but are not limited to, examination of books, records, and accounts supporting the cost per unit of service, as well as any such records of funds received from other sources for the same or similar services as performed under this Agreement. SBBC and its subcontractors shall keep such books, records, and accounts as may be necessary in order to record complete and correct entries related to the Agreement and performance thereunder. All books, records, and accounts of ISC SBBC and its subcontractors shall be kept in written form, or in a form capable of conversion into written form within a reasonable time, and upon request to do so, ISC SBBC or its subcontractor, as applicable, shall make same available at no cost to County in written form. ISC SBBC and its subcontractors shall preserve and make available, at reasonable times within Broward County for examination and audit by County, all financial records, supporting documents, statistical records, and any other documents pertinent to this Agreement for a minimum period of three (3) years after expiration or termination of this Agreement or until resolution of any audit findings, whichever is longer. County audits and inspections pursuant to this section Section may be performed by any County representative (including any outside representative engaged by County). County reserves the right to conduct such audit or review at ISCSBBC's place of business, if deemed appropriate by County, with seventy- seventy-two (72) hours' advance notice. Any incomplete or incorrect entry in such books, records, and accounts shall be a basis for County's disallowance and recovery of any payment upon such entry. SBBC acknowledges that in the event County determines that funds are due back to County, the HSD Director or Deputy Director may in his or her sole and absolute discretion require SBBC to pay up to one percent (1%) interest annually on those funds, which interest shall be calculated from the date County incorrectly paid SBBC. If an audit or inspection in accordance with this section Section discloses overpricing or overcharges to County of any nature by ISC the SBBC in excess of five percent (5%) of the total contract xxxxxxxx reviewed by County, the reasonable actual cost of the County’s audit shall be reimbursed to the County by ISC the SBBC in addition to making adjustments for the overcharges. Any adjustments or and/or payments due as a result of such audit or inspection shall be made within thirty (30) days from presentation of County's findings to ISCSBBC. ISC SBBC shall ensure that the requirements of this section Section are included in all agreements with its subcontractor(sSubcontractor(s).

Audit Rights and Retention of Records. If Recipient has an independent audit performed of its activities that encompasses all or any portion of the Grant Award Period, Recipient shall provide a copy thereof to County shall have within thirty (30) days of receipt thereof. In addition to receipt of Recipient’s independent audit (if any) of its activities, County has the right to audit the books, records, and accounts of ISC Recipient and its subcontractors Subcontractors that are related to this the Grant Agreement. ISC Recipient and its subcontractors shall Subcontractors must keep such books, records, and accounts as may be necessary in order to record complete and correct entries related to the Grant Agreement and performance thereunderunder the Grant Agreement. All books, records, and accounts of ISC and its subcontractors shall must be kept in written form, or in a form capable of conversion into written form within a reasonable time, and upon request to do so, ISC Recipient or its subcontractorSubcontractor must make all books, as applicablerecords, shall make same and accounts available in written form at no cost to County in written formCounty. ISC Recipient and its subcontractors shall Subcontractors must preserve and make available, at reasonable times within Broward County County, Florida, for examination and audit by Countyaudit, all financial records, supporting documents, statistical records, and any other documents pertinent to this the Grant Agreement for a minimum period of at least three (3) years after expiration or termination of this the Grant Agreement or until resolution of any audit findings, whichever is longer. County audits and inspections pursuant to Any audit or inspection in accordance with this section may be performed by any County representative (including any outside representative engaged by County). County reserves has the right to conduct such the audit or review at ISC's Recipient’s place of business, if deemed appropriate by County, with seventy- seventy-two (72) hours' ’ advance notice. Any incomplete or incorrect entry in such the books, records, and accounts shall will be a basis for County's ’s disallowance and recovery of any payment upon such entry. If an audit or inspection in accordance with this section discloses overpricing or overcharges to County of any nature by ISC Recipient in excess of five percent (5%) of the total contract xxxxxxxx reviewed by County, the reasonable actual cost of the County’s audit shall will be reimbursed to the County by ISC Recipient in addition to making adjustments for the overcharges. Any adjustments or payments due as a result of such the audit or inspection shall must be made within thirty (30) days from after presentation of County's ’s findings to ISCRecipient. ISC shall Recipient must ensure that the requirements of this section are included in all agreements with its subcontractor(s)any subcontractors engaged in activities subject to the Grant Agreement.

Audit Rights and Retention of Records. County shall have the right to audit the books, records, and accounts of ISC Contractor and its subcontractors Subcontractors that are related to this Agreement. ISC Contractor and its subcontractors Subcontractors shall keep such books, records, and accounts as may be necessary in order to record complete and correct entries related to the this Agreement and performance thereunder. All books, records, and accounts of ISC Contractor and its subcontractors Subcontractors shall be kept in written form, or in a form capable of conversion into written form within a reasonable time, and upon request to do so, ISC Contractor or its subcontractorSubcontractor, as applicable, shall make same available at no cost to County in written form. ISC Contractor and its subcontractors Subcontractors shall preserve and make available, at reasonable times within Broward County for examination and audit by County, all financial records, supporting documents, statistical records, and any other documents pertinent to this Agreement for a minimum period of three (3) years after expiration or termination of this Agreement or until resolution of any audit findings, whichever is longer. County audits and inspections pursuant to this section may be performed by any County representative (including any outside representative engaged by County). County reserves the right to conduct such audit or review at ISCContractor's place of business, if deemed appropriate by County, with seventy- seventy-two (72) hours' advance notice. Any incomplete or incorrect entry in such books, records, and accounts shall be a basis for County's disallowance and recovery of any payment upon such entry. If an audit or inspection in accordance with this section discloses overpricing or overcharges to County of any nature by ISC the Contractor in excess of five percent (5%) of the total contract xxxxxxxx reviewed by County, the reasonable actual cost of the County’s audit shall be reimbursed to the County by ISC the Contractor in addition to making adjustments for the overcharges. Any adjustments or and/or payments due as a result of such audit or inspection shall be made within thirty (30) days from presentation of County's findings to ISCContractor. ISC Contractor shall ensure that the requirements of this section are included in all agreements with its subcontractor(sSubcontractor(s).

Audit Rights and Retention of Records. County shall have the right to audit the books, records, and accounts of ISC Second Party and its subcontractors that are related to this Agreement. ISC Such rights include, but are not limited to, examination of books, records, and accounts supporting the cost per unit of service, as well as any such records of funds received from other sources for the same or similar services as performed under this Agreement. Second Party and its subcontractors shall keep such books, records, and accounts as may be necessary in order to record complete and correct entries related to the Agreement and performance thereunder. All books, records, and accounts of ISC Second Party and its subcontractors shall be kept in written form, or in a form capable of conversion into written form within a reasonable time, and upon request to do so, ISC Second Party or its subcontractor, as applicable, shall make same available at no cost to County in written form. ISC Second Party and its subcontractors shall preserve and make available, at reasonable times within Broward County for examination and audit by County, all financial records, supporting documents, statistical records, and any other documents pertinent to this Agreement for a minimum period of three (3) years after expiration or termination of this Agreement or until resolution of any audit findings, whichever is longer. County audits and inspections pursuant to this section Section may be performed by any County representative (including any outside representative engaged by County). County reserves the right to conduct such audit or review at ISCSecond Party's place of business, if deemed appropriate by County, with seventy- seventy-two (72) hours' advance notice. Any incomplete or incorrect entry in such books, records, and accounts shall be a basis for County's disallowance and recovery of any payment upon such entry. Second Party acknowledges that in the event County determines that funds are due back to County, the HSD Director or Deputy Director may in his or her sole and absolute discretion require Second Party to pay up to one percent (1%) interest annually on those funds, which interest shall be calculated from the date County incorrectly paid Second Party. If an audit or inspection in accordance with this section Section discloses overpricing or overcharges to County of any nature by ISC the Second Party in excess of five percent (5%) of the total contract xxxxxxxx reviewed by County, the reasonable actual cost of the County’s audit shall be reimbursed to the County by ISC the Second Party in addition to making adjustments for the overcharges. Any adjustments or and/or payments due as a result of such audit or inspection shall be made within thirty (30) days from presentation of County's findings to ISCSecond Party. ISC Second Party shall ensure that the requirements of this section Section are included in all agreements with its subcontractor(sSubcontractor(s).

Audit Rights and Retention of Records. County shall have the right to audit the books, records, and accounts of ISC Contractor and its subcontractors Subcontractors that are related to this Agreement. ISC Contractor and its subcontractors Subcontractors shall keep such books, records, and accounts as may be necessary in order to record complete and correct entries related to the this Agreement and performance thereunder. All books, records, and accounts of ISC Contractor and its subcontractors Subcontractors shall be kept in written form, or in a form capable of conversion into written form within a reasonable time, and upon request to do so, ISC Contractor or its subcontractorSubcontractor, as applicable, shall make same available at no cost to County in written form. ISC Contractor and its subcontractors Subcontractors shall preserve and make available, at reasonable times within Broward County for examination and audit by County, all financial records, supporting documents, statistical records, and any other documents pertinent to this Agreement for a minimum period of three (3) years after expiration or termination of this Agreement or until resolution of any audit findings, whichever is longer. County audits and inspections pursuant to this section Section may be performed by any County representative (including any outside representative engaged by County). County reserves the right to conduct such audit or review at ISCContractor's place of business, if deemed appropriate by County, with seventy- seventy-two (72) hours' advance notice. Contractor and its Subcontractors shall cooperate with County in any audit and must allow County representatives to speak to with the staff of Contractor and its Subcontractors. Any incomplete or incorrect entry in such books, records, and accounts shall be a basis for County's disallowance and recovery of any payment upon such entry. If an audit or inspection in accordance with this section Section discloses overpricing or overcharges to County of any nature by ISC the Contractor in excess of five percent (5%) of the total contract xxxxxxxx reviewed by County, the reasonable actual cost of the County’s 's audit shall be reimbursed to the County by ISC the Contractor in addition to making adjustments for the overcharges. Any adjustments or and/or payments due as a result of such audit or inspection shall be made within thirty (30) days from presentation of County's findings to ISCContractor. ISC Contractor shall ensure that the requirements of this section Section are included in all agreements with its subcontractor(sSubcontractor(s).

Audit Rights and Retention of Records. County shall have the right to audit the books, records, and accounts of ISC Second Party and its subcontractors that are related to this Agreement. ISC Such rights include, but are not limited to, examination of books, records, and accounts supporting the cost per unit of service, as well as any such records of funds received from other sources for the same or similar services as performed under this Agreement. Second Party and its subcontractors shall keep such books, records, and accounts as may be necessary in order to record complete and correct entries related to the Agreement and performance thereunder. All books, records, and accounts of ISC Second Party and its subcontractors shall be kept in written form, or in a form capable of conversion into written form within a reasonable time, and upon request to do so, ISC Second Party or its subcontractor, as applicable, shall make same available at no cost to County in written form. ISC Second Party and its subcontractors shall preserve and make available, at reasonable times within Broward County for examination and audit by County, all financial records, supporting documents, statistical records, and any other documents pertinent to this Agreement for a minimum period of three (3) years after expiration or termination of this Agreement or until resolution of any audit findings, whichever is longer. County audits and inspections pursuant to this section may be performed by any County representative (including any outside representative engaged by County). County reserves the right to conduct such audit or review at ISCSecond Party's place of business, if deemed appropriate by County, with seventy- seventy-two (72) hours' advance notice. Any incomplete or incorrect entry in such books, records, and accounts shall be a basis for County's disallowance and recovery of any payment upon such entry. Second Party acknowledges that in the event County determines that funds are due back to County, the HSD Director or Deputy Director may in his or her sole and absolute discretion require Second Party to pay up to one percent (1%) interest annually on those funds, which interest shall be calculated from the date County incorrectly paid Second Party. If an audit or inspection in accordance with this section discloses overpricing or overcharges to County of any nature by ISC Second Party in excess of five percent (5%) of the total contract xxxxxxxx reviewed by County, the reasonable actual cost of the County’s audit shall be reimbursed to the County by ISC Second Party in addition to making adjustments for the overcharges. Any adjustments or payments due as a result of such audit or inspection shall be made within thirty (30) days from presentation of County's findings to ISCSecond Party. ISC Second Party shall ensure that the requirements of this section are included in all agreements with its subcontractor(sSubcontractor(s).

Audit Rights and Retention of Records. County shall have the right to audit the books, records, and accounts of ISC Consultant and its subcontractors Subconsultants that are related to this Agreement. ISC Consultant and its subcontractors Subconsultants shall keep such books, records, and accounts as may be necessary in order to record complete and correct entries related to the this Agreement and performance thereunder. All books, records, and accounts of ISC Consultant and its subcontractors Subconsultants shall be kept in written form, or in a form capable of conversion into written form within a reasonable time, and upon request to do so, ISC Consultant or its subcontractorSubconsultant, as applicable, shall make same available at no cost to County in written form. ISC Consultant and its subcontractors Subconsultants shall preserve and make available, at reasonable times within Broward County for examination and audit by County, all financial records, supporting documents, statistical records, and any other documents pertinent to this Agreement for a minimum period of three (3) years after expiration or termination of this Agreement or until resolution of any audit findings, whichever is longer. County audits and inspections pursuant to this section may be performed by any County representative (including any outside representative engaged by County). County reserves the right to conduct such audit or review at ISCConsultant's place of business, if deemed appropriate by County, with seventy- seventy-two (72) hours' advance notice. Any incomplete or incorrect entry in such books, records, and accounts shall be a basis for County's disallowance and recovery of any payment upon such entry. If an audit or inspection in accordance with this section Section discloses overpricing or overcharges to County of any nature by ISC the Consultant in excess of five percent (5%) of the total contract xxxxxxxx reviewed by County, the reasonable actual cost of the County’s audit shall be reimbursed to the County by ISC the Consultant in addition to making adjustments for the overcharges. Any adjustments or and/or payments due as a result of such audit or inspection shall be made within thirty (30) days from presentation of County's findings to ISCConsultant. ISC Consultant shall ensure that the requirements of this section are included in all agreements with its subcontractor(sSubconsultant(s).

Audit Rights and Retention of Records. County shall have the right to audit the books, records, and accounts of ISC Contractor and its subcontractors Subcontractors that are related to this Agreement. ISC Contractor and its subcontractors Subcontractors shall keep such books, records, and accounts as may be necessary in order to record complete and correct entries related to the this Agreement and performance thereunder. All books, records, and accounts of ISC Contractor and its subcontractors Subcontractors shall be kept in written form, or in a form capable of conversion into written form within a reasonable time, and upon request to do so, ISC Contractor or its subcontractorSubcontractor, as applicable, shall make same available at no cost to County in written form. ISC Contractor and its subcontractors Subcontractors shall preserve and make available, at reasonable times within Broward County for examination and audit by County, all financial records, supporting documents, statistical records, and any other documents pertinent to this Agreement for a minimum period of three (3) years after expiration or termination of this Agreement or until resolution of any audit findings, whichever is longer. County audits and inspections pursuant to this section Section may be performed by any County representative (including any outside representative engaged by County). County reserves the right to conduct such audit or review at ISC's Contractor’s place of business, if deemed appropriate by County, with seventy- seventy-two (72) hours' ’ advance notice. Any incomplete or incorrect entry in such books, records, and accounts shall be a basis for County's ’s disallowance and recovery of any payment upon such entry. If an audit or inspection in accordance with this section Section discloses overpricing or overcharges to County of any nature by ISC the Contractor in excess of five percent (5%) of the total contract xxxxxxxx reviewed by County, the reasonable actual cost of the County’s audit shall be reimbursed to the County by ISC the Contractor in addition to making adjustments for the overcharges. Any adjustments or and/or payments due as a result of such audit or inspection shall be made within thirty (30) days from presentation of County's ’s findings to ISCContractor. ISC Contractor shall ensure that the requirements of this section Section are included in all agreements with its subcontractor(sSubcontractor(s).