41 U.S.C. § 1505 — Examinations
submitted 15 years ago by Pub. L. 111-350 to r/title-41-PUBLIC-CONTRACTS · 80 words · no verdicts yet
This section gives an authorized representative of certain Federal officials the right to inspect and copy a contractor’s or subcontractor’s records. The inspection must concern compliance with cost accounting standards or consistency with disclosed cost-accounting practices.
To determine whether a contractor or subcontractor complied with cost accounting standards prescribed under this chapter and consistently followed its disclosed cost-accounting practices, an authorized representative of the head of the agency concerned, an inspector general's office established under chapter 4 of title 5, or the Comptroller General may examine and copy the contractor's or subcontractor's documents, papers, or records relating to compliance with the standards.
To determine whether a contractor or subcontractor has complied with cost accounting standards prescribed under this chapter and has followed consistently the contractor’s or subcontractor’s disclosed cost accounting practices, an authorized representative of the head of the agency concerned, of the offices of inspector general established under chapter 4 of title 5, or of the Comptroller General shall have the right to examine and copy documents, papers, or records of the contractor or subcontractor relating to compliance with the standards.
Source credit: (Pub. L. 111–350, § 3, Jan. 4, 2011, 124 Stat. 3700; Pub. L. 117–286, § 4(b)(71), Dec. 27, 2022, 136 Stat. 4350.)
- 2011Enacted · Pub. L. 111-350 · 124 Stat. 3700
- 2022Amended · Pub. L. 117-286 · 136 Stat. 4350
A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-350 on 2011-01-04.
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