(a) A contractor shall retain all records specified
in the contract for three years after the later of:
(1) the date that the final payment is made under the
contract; or
(2) the latest date of completion of any investigation,
audit, examination, or other review that began during the period of
the contract or within three years of the date described by paragraph
(1) of this subsection.
(b) The contractor shall make the records available
to representatives of the department and other interested state agency
representatives for inspection, audit, examination, investigation,
or other review at all reasonable times during the retention period.
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