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ARTICLE 5 ENGINEER'S RECORDS 5.1 All expense records of Engineer will be kept on a recognized accounting basis acceptable to the City and will be available to the City at mntually convenient times. 5.2 The City, its auditors, federal auditors, and state agencies that have monitoring or auditing responsibilities for this Agreement will have access to any books, documents, papers and records of the Engineer wlfich are directly pertinent to this Agreement for the purpose of making audit, examination, excerpts, copying emd transcriptions. 5.3 The Engineer will furnish to the City at such time and in such form as the City may require, finm~cial statements including attdited financial statements, records, reports, data and intbrmation, as the City may request pertaining to the matter covered by this Agreement. ARTICLE 6 OWNERSHIP AND USE OF DOCUMENTS 6.1 All docmnents prepared by Engineer in counection with this Agreement will become the property of the City ~vhether any project related to this Agreement is executed or not. City agrees such documents are not intended or represented to be suitable for reuse for another project by City or others. Any such reuse by City or those who obtained said docmnents fi'o Owner without written verification or adaption by the Engineer will be at Owner's sole risk and without liability or legal exposure to the Engineer. 6.2 The Engineer wii1 retain all of its records and supporting docm~aentation relating to this Agreement, m~d not delivered to the City, for a period of three years except in the event that the Engineer goes out of business during that period, it will turn over, to the City, all of its records relating to the Project for retention by the City. ARTICLE 7 TERM OF AGREEMENT 7.1 The term of this Agreement begins upon its execution by both parties, and will end upon the Engineer's completion, and the City's acceptance of ail services described in this Agreement unless tbis Agreement is terminated under Sections 7.2 or 7.3 below. 7.2 This Agreement may be terminated by either party upon 15 days prior ~vritten notice should the other party fail substantially to perform in accordance with its terms through no fault of the party initiating the termination. 7.3 This Agreement may be terminated at will by the City upon at least 15 days prior written notice to the Engineer. PBS&J.wpd 6