TITLE 37
Public Property and Works
CHAPTER 37-2
State Purchases
SECTION 37-2-34
§ 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.
History of Section.
(P.L. 1989, ch. 526, § 2.)