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MTC CONTRACT NO <br />DRAFT 7/26/93 <br />women business enterprises in direct support of this contract, <br />if none, the invoice should so indicate. <br />(e) Each invoice shall be sent to: <br />Finance Department - Contract Accounting <br />Metropolitan Transit Commission <br />560 Sixth Avenue North <br />Minneapolis, MN 55411 -4398 <br />MnDOT with MTC will inspect representative portions of <br />invoiced work for acceptance and authorization of payment. <br />The MTC will process invoices for payment within ninety (90) <br />days of receipt providing said invoices have been prepared in <br />accordance with the requirements for Compensation, Article 1; <br />and Invoice, Article 3. <br />4. Access to Records <br />The City shall permit the MTC, the federal or state grantor, the <br />comptroller general of the United States or any of their duly <br />authorized representatives access to any books, documents, papers <br />and records of the contractor and his subcontractors which are <br />directly pertinent to the contract for the purposes of making audit, <br />examination excerpts and transcriptions. <br />5. Records Retention <br />All records pertinent to this agreement shall be retained for a <br />minimum of three years after termination of the agreement or until <br />audited by the MTC and all litigation, claims or adverse audit <br />findings have been resolved, whichever occurs later. <br />6. Ownership of Documents <br />All working papers, reports, graphics, plates, materials and <br />computer programming materials prepared by or for the City <br />specifically in the performance of this Agreement shall be organized <br />and annotated in a logical manner for future reference and shall <br />become the property of the MTC upon its payment for the services <br />rendered hereunder; this also includes any material or service <br />purchased under this agreement providing it was charged to the MTC. <br />Page 129 <br />