Md. Code Regs. 05.05.10.10

Current through Register Vol. 51, No. 24, December 2, 2024

Section 05.05.10.10 - Books and Accounts

A. Sponsors, contractors, and subcontractors shall maintain such books, accounts, and records and shall file with the Department such financial and other reports as the Department may from time to time require.

B. The books, accounts, and records in §A of this regulation, as well as the administrative personnel, whether full-time or part-time, shall be available to the inspection of representatives of the ARC, the Department, or other agencies of the State during reasonable working hours.

C. Books, accounts, and records of contractors and subcontractors shall be maintained and made available for inspection for 3 years past the date of termination of the contractual relationship between the contractor and the sponsor.

Md. Code Regs. 05.05.10.10