Common use of Special Audit Clause in Contracts

Special Audit. At all times during the Term of this Contract, and for six (6) years after the full completion and final acceptance of such Work, the Contractor shall maintain and keep such books and records, as will indicate the actual cost of doing the Work required by the Contract as well as records reflecting the usage of equipment and personnel. The records reflecting the cost of doing the Work shall include, but not be limited to the following items and their costs: 4.36.1 Necessary materials (including purchase records for major items and transportation to the site). 4.36.2 Necessary direct labor (daily labor records). 4.36.3 All insurance required. 4.36.4 Payment required to be made to labor organizations under existing labor agreements. 4.36.5 Sales and personal property taxes. 4.36.6 Maintenance, operation and rental of or reasonable rental value of the Contractor-owned plant and equipment other than small tools. 4.36.7 Necessary overhead costs. 4.36.8 Repair work sheets. Contractor shall retain records of route sheets (i.e. riding sheets) sufficient to identify specifically which trucks and which individuals performed specific repairs. This should include but not be limited to: 4.36.8.1 The truck’s ID Number. The names of crew members.