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.)