{"data":{"id":"us-ky/krs-45a.410","jurisdiction":"us-ky","citation":"KRS 45A.410","heading":"Inspection of contractor's place of business -- Audit of records.","body":"(1) The local public agency may inspect the plant or place of business of a contractor or\nany subcontractor under any contract awarded or to be awarded by the local public\nagency.\n(2) The local public agency may audit the books and records of any person who h as\nsubmitted cost or pricing data under KRS 45A.405, at any time until the period of\nrecord retention as set forth in subsection (3) of this section shall have expired.  The\nright to audit hereunder shall only extend to those books and records reasonably\nconnected with cost or pricing data submitted under KRS 45A.420, and such books\nand records shall be maintained by the contractor or subcontractor for the period\nspecified in subsection (3) of this section.\n(3) The local public agency shall be entitled to audit the books and records of a\ncontractor or any subcontractor under any negotiated contract or subcontract other\nthan a firm fixed -price type contract, provided, however, that this subparagraph\nshall not limit the right to audit as set forth in subsecti on (2) of this section.  Such\nbooks and records shall be maintained by the contractor for a period of five (5)\nyears from the date of final payment under the prime contract and by the\nsubcontractor for a period of five (5) years from the date of final paym ent under the\nsubcontract.","path":["KRS Chapter 45A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=22416","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:07Z","sha256":"8a3d97049881229bab5193a6d2b2545e189f343df03ee08a2c5cd0a46abbf023","source_id":"us-ky","stale":false,"prev":"us-ky/krs-45a.405","next":"us-ky/krs-45a.415"},"notice":"GroundRules: Original legal text. Not legal advice."}