HomeResourcesAudit Database Project Compliance RecommendationsAwards and ContractsAppropriate Records Were Not Retained - Federal Acquisition Regulation (FAR) 52.215-2, Audit and Records – Negotiation

Appropriate Records Were Not Retained - Federal Acquisition Regulation (FAR) 52.215-2, Audit and Records – Negotiation

According to the contract clause set forth in Federal Acquisition Regulation (FAR) 52.215-2, Audit and Records – Negotiation, records should generally be maintained for examination, audit, or reproduction until 3 years after final payment under a contract.

General Recommendations

  • Provide written guidance to contractors and subcontractors regarding required record retention periods and periodically verify source documents to database information.

SOURCE: AUDIT REPORT NO. 6-278-11-004-P January 10, 2011

The recommendations are derived from audit reports of the Office of the Inspector General. The source refers to the audit report, which is available on this site as part of the Audit Database Project: an educational tool for compliance with USAID regulations.  Please see the disclaimer of this site before using recommendations.

Tags: Awards and Contracts

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