Common use of Cost of Audit Clause in Contracts

Cost of Audit. If it shall be determined as a result of such audit that there has been an overcharge to DISTRICT when such overcharge is in excess of five percent (5%) of the amount paid by DISTRICT for Basic Services, Reimbursable Expenses, Additional Services and/or other charges based upon CONSULTANT's records for the period covered by the audit, CONSULTANT shall also pay to DISTRICT the cost of the audit, in addition to any refund of overcharges.

Cost of Audit. If it shall be determined as a result of such audit that there has been an overcharge to DISTRICT when such overcharge is in excess of five percent (5%) of the amount paid by DISTRICT for Basic Services, Reimbursable Expenses, Additional Services Services, and/or other charges based upon CONSULTANT's ARCHITECT'S records for the period covered by the audit, CONSULTANT ARCHITECT shall also pay to DISTRICT the cost of the audit, in addition to any refund of overcharges.