Professional's Records Sample Clauses

The 'Professional's Records' clause establishes the requirement for a professional to maintain accurate and comprehensive records related to the services they provide. Typically, this clause outlines the types of records to be kept, such as project documentation, correspondence, and financial records, and may specify the duration for which these records must be retained. It often grants the client the right to inspect or request copies of these records for audit or verification purposes. The core function of this clause is to ensure transparency, accountability, and the ability to resolve disputes by providing a clear record of the professional's actions and decisions during the engagement.
Professional's Records. 1.5.1 The Professional shall, concurrently with performance of its services, prepare substantiating records regarding services rendered, including records of the Professional’s Subconsultants. 1.5.2 The Professional shall for all services performed in connection with this Contract For Professional Services, retain in its records copies of all written communications, and any memoranda of oral communications, related to the Project. 1.5.3 Unless otherwise provided, the Professional shall maintain substantiating records for six (6) years after the Project date of Final Completion or for any longer period of time as may be required by law or good construction practice. If the Professional receives notification of a dispute or the commencement of litigation regarding the Project within this six (6) year period, the Professional shall continue to maintain all Project records until final resolution of the dispute or litigation. 1.5.4 Upon seven (7) calendar days' written notice, from the effective date of this Contract for Professional Services to the latest date described in Subparagraph 1.5.3, the Professional shall make its records available during normal business hours to the Owner or its authorized representative(s). Owner and its authorized representative(s) shall be entitled to inspect, examine, review and copy the Professional’s records at the Owner's reasonable expense, within adequate workspace at the Professional's facilities. Failure by the Professional to supply substantiating records shall be reason to disallow the related costs from amounts which might otherwise be payable by the Owner to the Professional pursuant to this Contract for Professional Services. If payment has already been made, amounts disallowed shall be refunded by the Professional to the Owner upon demand.
Professional's Records. 1.5.1 The Professional shall, concurrently with performance of its services, prepare substantiating records regarding services rendered, including records of the Professional’s Subconsultants. 1.5.2 The Professional shall for all services performed in connection with this Term Contract For Professional Services, retain in its records copies of all written communications, and any memoranda of oral communications, related to each Project. 1.5.3 Unless otherwise provided, the Professional shall maintain substantiating records for six (6) years after the Project date of Final Completion or for any longer period of time as may be required by law or good construction practice. If the Professional receives notification of a dispute or the commencement of litigation regarding any Project within this six (6) year period, the Professional shall continue to maintain all Project records until final resolution of the dispute or litigation. 1.5.4 Upon seven (7) calendar days' written notice, from the effective date of this Term Contract for Professional Services to the latest date described in Subparagraph
Professional's Records. 1.5.1 The Professional shall, concurrently with performance of its services, prepare substantiating records regarding services rendered. 1.5.2 The Professional shall for all services performed in connection with this Contract For Professional Services, retain in its records copies of all written communications, and any memoranda of verbal communications, related to the Project. 1.5.3 Unless otherwise provided, the Professional shall maintain substantiating records for five (5) years after the date of Final Completion or for any longer period of time as may be required by Florida law or good construction practice. If the Professional receives notification of a dispute or the commencement of litigation regarding the Project within this five (5) year period, the Professional shall continue to maintain all Project records until final resolution of the dispute or litigation. 1.5.4 Upon reasonable notice, the Professional shall make its records available during normal business hours to the Owner or its authorized representative(s). Owner and its authorized representative(s) shall be entitled to inspect, examine, review