Common use of Procurement Records Clause in Contracts

Procurement Records. Subrecipient must maintain records of all procurement actions sufficient to detail the history of procurement. These records will include, but are not necessarily limited to the following: rationale for the method of procurement, selection of contract type, contractor selection or rejection, and the basis for the contract price.

Appears in 4 contracts

Sources: Subrecipient Agreement, Subrecipient Agreement, Subrecipient Agreement