310: Right to Audit Records
The District may, at reasonable times and locations, audit
the books and records of any person or organization that submits
costs or pricing or is awarded a contract which includes cost
reimbursement. For purpose of this procedure, District includes
appropriate Purchasing, Finance and Internal Audit staff as
well as representatives of the Auditor General's staff or other
review organizations.
Any person or organization that receives a contract of which
cost or pricing data is required, shall maintain the books
and records that relate to that information for a period of
three years from the date of the final payment under that contract,
unless a different period is required.
The District may, at reasonable times and locations, audit
the books and records of any contractor or subcontractor relating
to the performance of a contract or subcontract.
The contractor or subcontractor shall maintain the books
and records that relate to the contract or subcontract for
a period of three years from the date of the final payment
under that contract, unless a different period is required.
5/9/95
