Common use of Record and File Retention Clause in Contracts

Record and File Retention. Local governments are required to retain records and other relevant documentation for each applicant, Eligible Person, Sub-Grantee or Sponsor for five fiscal years after funds have been expended or five years after the expiration of a use restriction agreement. and accounted for and/or satisfaction of loans, whichever is later, provided applicable audits have been released.

Record and File Retention. Local governments are required to retain records and other relevant documentation for each applicant, Eligible Person, Sub-Sub Grantee or Sponsor for five fiscal years after funds have been expended or five years after the expiration of a use restriction agreement. and accounted for and/or satisfaction of loans, whichever is later, provided applicable audits applicableaudits have been released.

Record and File Retention. Local governments are required to retain records and other relevant documentation for each applicant, Eligible Person, Sub-Sub Grantee or Sponsor for five fiscal years after funds have been expended or five years after the expiration of a use restriction agreement. and accounted for and/or satisfaction of loans, whichever is later, provided applicable audits have been released.