Records and Data. Administrator shall keep and maintain, in accordance with prudent business practices, accurate, complete and timely books, records and accounts of all transactions occurring as part of the furnishing of Covered Prescription Services to Members. Administrator shall retain such books and records during the term of the Agreement and for a period of at least ten (10) years after the termination of this Agreement in its entirety and for such longer period of time as required by an on-going audit or investigation of United, any Client or other person that is being conducted by a Government Authority. Administrator shall permit HHS, the Comptroller General, United, Client or their designees to inspect, evaluate and audit the facilities, offices, equipment, books, records, contracts, documents, papers and accounts relating to the Administrator’s performance of this Agreement, including the dispensing and/or provision of Covered Prescription Services to Members and the transactions reflecting such services. The right of HHS, the Comptroller General, United, Clients and their designees to inspect, evaluate and audit any of the foregoing types of information shall exist during the term of the Agreement and for a period of ten (10) years after the termination of the Agreement in its entirety and for such longer period of time as required to complete an on-going audit or investigation. This Section 9.1 shall survive expiration or termination of the Agreement.
Appears in 2 contracts
Sources: Prescription Drug Benefit Administration Agreement, Prescription Drug Benefit Administration Agreement