§ 2-1209. City's right to audit records.  


Latest version.
  • (a)

    Audit of cost or pricing data. The city may, at reasonable times and places, audit the books and records of any person who has submitted cost or pricing data pursuant to section 2-1201 to the extent that such books, documents, papers and records are pertinent to such cost or pricing data. Any person who receives a contract, change order or contract modification for which cost or pricing data is required shall maintain such books, documents, papers and records that are pertinent to such cost or pricing data for three years from the date of final payment under the contract, unless a shorter period is authorized in writing.

    (b)

    Contract audit. The city shall be entitled to audit the books and records of a contractor or subcontractor under any negotiated contract or subcontract, other than a firm fixed-price contract to the extent that such books, documents, papers and records relate to the performance of such contract or subcontract. Such books and records shall be maintained by the contractor for a period of three years from the date of final payment under the prime contract and by the subcontractor for a period of three years from the date of final payment under the subcontract, unless a shorter period is authorized in writing.

(Ord. No. 2009-78(09-O-1876), § 4, 12-15-09)