Common use of Retention Clause in Contracts

Retention. Subrecipient shall retain all financial records, supporting documents, statistical records, and all other records pertinent to this Contract for a period of five (5) years. The retention period begins on the date of the submission of the County’s annual performance and evaluation report to HUD in which the activities assisted under the Contract are reported on for the final time. Notwithstanding the above, if there is litigation, claims, audits, negotiations or other actions that involve any of the records cited and that have started before the expiration of the five-year period, then such records must be retained until completion of the actions and resolution of all issues, or the expiration of the five-year period, whichever occurs later.

Appears in 118 contracts

Samples: Public Services, cams.ocgov.com, Florence Sylvester

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Retention. The Subrecipient shall retain all financial records, supporting documents, statistical records, and all other records pertinent to this Contract the Agreement for a period of five four (54) years. The retention period begins on the date of the submission of the CountyGrantee’s annual performance and evaluation report to HUD in which the activities assisted under the Contract Agreement are reported on for the final time. Notwithstanding the above, if there is litigation, claims, audits, negotiations or other actions that involve any of the records cited and that have started before the expiration of the fivefour-year period, then such records must be retained until completion of the actions and resolution of all issues, or the expiration of the fivefour-year period, whichever occurs later.

Appears in 14 contracts

Samples: Subrecipient Agreement, Agreement, Sample Subrecipient Agreement

Retention. Subrecipient SUBRECIPIENT shall retain all financial records, supporting documents, statistical records, and all other records pertinent to this Contract Agreement for a period of five (5) years. The retention period begins on the date of the submission of the CountyCITY’s annual performance and evaluation report to HUD in which the activities assisted under the Contract this Agreement are reported on for the final time. Notwithstanding the above, if there is litigation, claims, audits, negotiations or other actions that involve any of the records cited and that have started before the expiration of the five-year period, then such records must be retained until completion of the actions and resolution of all issues, or the expiration of the five-year period, whichever occurs later.

Appears in 6 contracts

Samples: Subrecipient Agreement, Subrecipient Agreement, Subrecipient Agreement

Retention. The Subrecipient shall retain all financial records, supporting documents, statistical records, and all other records pertinent to this Contract the Agreement for a period of five (5) years. The retention period begins on the date of the submission of the CountyGrantee’s annual performance and evaluation report to HUD in which the activities assisted under the Contract Agreement are reported on for the final time. Notwithstanding the above, if there is litigation, claims, audits, negotiations or other actions that involve any of the records cited and that have started before the expiration of the five-year period, then such records must be retained until completion of the actions and resolution of all issues, or the expiration of the five-year period, whichever occurs later.

Appears in 3 contracts

Samples: Agreement, Subrecipient Agreement, Subrecipient Agreement

Retention. Subrecipient The Sub-recipient shall retain all financial records, supporting documents, statistical records, and all other records pertinent to this Contract the contract for a period of five (5) years. The retention period begins on the date of the submission of the CountyGrantee’s annual performance and evaluation report to HUD in which the activities assisted under the Contract contract are reported on for the final time. Notwithstanding the above, if there is litigation, claims, audits, negotiations or other actions that involve any of the records cited and that have started before the expiration of the five-year period, then such records must be retained until completion of the actions and resolution of all issues, or the expiration of the five-year period, whichever occurs later.

Appears in 3 contracts

Samples: Contract, pub-chulavista.escribemeetings.com, pub-chulavista.escribemeetings.com

Retention. Subrecipient SUBRECIPIENT shall retain all financial records, supporting documents, statistical records, and all other records pertinent to this Contract CONTRACT for a period of five (5) years. The retention period begins on the date of the submission of the CountyCOUNTY’s annual performance and evaluation report to HUD in which the activities assisted under the Contract CONTRACT are reported on for the final time. Notwithstanding the above, if there is litigation, claims, audits, negotiations or other actions that involve any of the records cited and that have started before the expiration of the five-five year period, then such records must be retained until completion of the actions and resolution of all issues, or the expiration of the five-five- year period, whichever occurs later.

Appears in 2 contracts

Samples: Model Contract, cams.ocgov.com

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Retention. Subrecipient SUBGRANTEE shall retain all financial records, supporting documents, statistical records, and all other records pertinent to this Contract the Agreement for a period of five four (54) years. The retention period begins on the date of the submission of the CountyCOUNTY’s annual performance and evaluation report to HUD in which the activities assisted under the Contract Agreement are reported on for the final time. Notwithstanding the above, if there is litigation, claims, audits, negotiations or other actions that involve any of the records cited and that have started before the expiration of the fivefour-year period, then such records must be retained until completion of the actions and resolution of all issues, or the expiration of the fivefour-year period, whichever occurs later.

Appears in 1 contract

Samples: CDBG Subgrantee Agreement

Retention. Subrecipient The Sub-recipient shall retain all financial records, supporting documents, statistical records, and all other records pertinent to this Contract the contract for a period of five (5) years. The retention period begins on the date of the submission of the CountyCity’s annual performance and evaluation report to HUD in which the activities assisted under the Contract contract are reported on for the final time. Notwithstanding the above, if there is litigation, claims, audits, negotiations or other actions that involve any of the records cited and that have started before the expiration of the five-year period, then such records must be retained until completion of the actions and resolution of all issues, or the expiration of the five-year period, whichever occurs later.

Appears in 1 contract

Samples: pub-chulavista.escribemeetings.com

Retention. The Subrecipient shall retain all financial records, supporting documents, statistical records, and all other records pertinent to this Contract the Agreement for a period of five (5) years. The retention period begins on the date of the submission of the CountyGrantee’s annual performance and evaluation report to HUD in which the activities assisted under the Contract Agreement are reported on for the final time. Notwithstanding the above, if there is are litigation, claims, audits, negotiations or other actions that involve any of the records cited and that have started before the expiration of the five-five year period, then such records must be retained until completion of the actions and resolution of all issues, or the expiration of the five-five year period, whichever occurs later.

Appears in 1 contract

Samples: Subrecipient Agreement

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