All employers participating in the Texas Works Internship program
shall:
(1) Maintain its records and accounts of all transactions
related to intern placement, benefit and wages for not less than seven
(7) years after agreement expiration to ensure a full accounting of
all funds received, disbursed, and expended by the employer. A participating
employer shall immediately make available, upon request of the Coordinating
Board, its representative(s), or an auditing entity authorized by
law or regulation, all documents and other information related to
the Texas Works Internship program.
(2) Immediately make available upon request, records
and accounts for inspecting, monitoring, programmatic or financial
auditing, or evaluation by the Coordinating Board, its representative(s)
and an auditing entity authorized by law or regulation for a period
not less than seven (7) years, or whichever is later:
(A) after completion of all services under the Texas
Works Internship program;
(B) after the date of the receipt of the participating
employer's final claim for reimbursement or submission of the final
expenditure report; or
(C) upon final resolution of all invoice questions
related to the Texas Works Internship program.
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