§ 37-2-34. Right to inspect facilities — Right to audit.
(a) The department of administration may inspect the plant, or place of business of a
contractor, or any subcontractor under any contract awarded or to be awarded by the
state.
(b) The department of administration may audit the books and records of any person who
has submitted cost or pricing data under § 37-2-27 at any time until the period of record retention as set forth in subsection (c) of
this section expires. The right to audit hereunder shall only extend to those books
and records reasonably connected with cost or pricing data submitted under
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§ 37-2-34. Right to inspect facilities — Right to audit.
(a) The department of administration may inspect the plant, or place of business of a
contractor, or any subcontractor under any contract awarded or to be awarded by the
state.
(b) The department of administration may audit the books and records of any person who
has submitted cost or pricing data under § 37-2-27 at any time until the period of record retention as set forth in subsection (c) of
this section expires. The right to audit hereunder shall only extend to those books
and records reasonably connected with cost or pricing data submitted under § 37-2-27 and the books and records shall be maintained by the contractor or subcontractor
for the period specified in subsection (c) of this section.
(c) The department of administration or auditor general shall be entitled to audit the
books and records of a contractor or any subcontractor under any negotiated contract
or subcontract other than a firm fixed-price type contract, provided, however, that
this subsection shall not limit the right to audit as set forth in subsection (b)
of this section. The books and records shall be maintained by the contractor for a
period of three (3) years from the date of final payment under the prime contract
and by the subcontractor for a period of three (3) years from the date of final payment
under the subcontract.