Common use of Period of Retention Clause in Contracts

Period of Retention. All books, records, reports, and statements relevant to this Agreement must be retained a minimum three years as part of this Agreement. The retention period runs from the date of completion or termination of this Agreement. Retention time shall be extended when an audit is scheduled or in progress for a period reasonably necessary to complete an audit and/or to complete any administrative and judicial litigation which may ensue.

Appears in 4 contracts

Samples: Schedule C Agreement, apps.cityofnorthlasvegas.com, portal.cityofsparks.us

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Period of Retention. All books, records, reports, and statements relevant to this Agreement must be retained a minimum three years as part of and for five years if any federal funds are used in this Agreement. The retention period runs from the date of completion or termination of this Agreement. Retention time shall be extended when an audit is scheduled or in progress for a period reasonably necessary to complete an audit and/or to complete any administrative and judicial litigation which may ensue.

Appears in 2 contracts

Samples: Cooperative Agreement, Memorandum of Agreement

Period of Retention. All books, records, reports, and statements relevant to this Agreement must be retained a minimum three of 3 years, and for 5 years as part of if any federal funds are used pursuant to this Agreement. The retention period runs from the date of completion payment for the relevant goods or services by the County, or from the date of termination of this Agreement, whichever is later. Retention time shall be extended when an audit is scheduled or in progress for a period reasonably necessary to complete an audit and/or to complete any administrative and judicial litigation which may ensue.

Appears in 1 contract

Samples: Agreement for Services

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Period of Retention. All books, records, reports, and statements relevant to this Agreement must be retained a minimum three years and for five years if any federal funds are used as part of this Agreement. The retention period runs from the date of completion or termination of this Agreement. Retention time shall be extended when an audit is scheduled or in progress for a period reasonably necessary to complete an audit and/or to complete any administrative and judicial litigation which may ensue.

Appears in 1 contract

Samples: portal.cityofsparks.us

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