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ARTICLE VII RECORDS, AUDIT, AND DISCLOSURE <br />7.01 Books and Records <br />Grantee will keep and maintain under GAAP or GASB, as applicable, full, true, and complete <br />records necessary to fully disclose to the System Agency, the Texas State Auditor's Office, the <br />United States Government, and their authorized representatives sufficient information to <br />determine compliance with the terms and conditions of this Contract and all state and federal <br />rules, regulations, and statutes. Unless otherwise specified in this Contract, Grantee will <br />maintain legible copies of this Contract and all related documents for a mini m of seven (7) <br />years after the termination of the contract period or seven (7) years after the completion of any <br />litigation or dispute involving the Contract, whichever is later. <br />7.02 Access to records, books, and documents <br />In addition to any right of access arising by operation of law, Grantee and any of Grantee's <br />affiliate or subsidiary organizations, or Subcontractors will permit the System Agency or any of <br />its duly authorized representatives, as well as duly authorized federal, state or local authorities, <br />unrestricted access to and the right to examine any site where business is conducted or Services <br />are performed, and all records, which includes but is not limited to financial, client and patient <br />records, books, papers or documents related to this Contract. If the Contract includes federal <br />funds, federal agencies that will have a right of access to records as described in this section <br />include: the federal agency providing the funds, the Comptroller General of the United States, <br />the General Accounting. Office, the Office of the Inspector General, and any of their authorized <br />representatives. In addition, agencies of the State of Texas that will have a right of access to <br />records as described in this section include: the System Agency, HHSC, HHSC's contracted <br />examiners, the State Auditor's Office, the Texas Attorney General's Office, and any successor <br />agencies. Each of these entities may be a duly authorized authority. If deemed necessary by the <br />System Agency or any duly authorized authority, for the purpose of investigation or hearing, <br />Grantee will produce original documents related to this Contract. The System Agency and any <br />duly authorized authority will have the right to audit billings both before and after payment, and <br />all documentation that substantiates the billings. Grantee will include this provision concerning <br />the right of access to, and examination of, sites and information related to this Contract in any <br />Subcontract it awards. <br />7.03 Responselcompliance with audit or inspection findings <br />a. Grantee must act to ensure its and its Subcontractor's compliance with all corrections <br />necessary to address any finding of noncompliance with any law, regulation, audit <br />requirement, or generally accepted accounting principle, or any other deficiency identified in <br />any audit, review, or inspection of the Contract and the goods or services provided <br />hereunder. Any such correction will be at Grantee or its Subcontractor's sole expense. <br />Whether Grantee's action corrects the noncompliance will be solely the decision of the <br />System Agency. <br />b. As part of the Services, Grantee must provide to HHSC upon request a copy of those portions <br />of Grantee's and its Subcontractors' internal audit reports relating to the Services and <br />Deliverables provided to the State under the Contract. <br />System Agency Contract No. 2017-049738-001 <br />Page 12 of 14 <br />MIMBIIR <br />