TITLE 44: GOVERNMENT CONTRACTS, PROCUREMENTS AND PROPERTY MANAGEMENT
SUBTITLE B: SUPPLEMENTAL PROCUREMENT RULES
CHAPTER II: CHIEF PROCUREMENT OFFICER FOR PUBLIC INSTITUTIONS OF HIGHER EDUCATION
PART 526 PROCUREMENT RULES OF THE CHIEF PROCUREMENT OFFICER FOR PUBLIC INSTITUTIONS OF HIGHER EDUCATION
SECTION 526.7020 RECORD RETENTION


 

Section 526.7020  Record Retention

 

Books and records that relate to performance of a University contract, including subcontracts, and that support amounts charged to the University shall be maintained:

 

a)         by a vendor, for three years from the date of final payment under the prime contract; and

 

b)         by a vendor for such longer period of time as is necessary to complete ongoing or announced audits.