§ 38.067 CONTRACTOR ACCOUNTING REQUIREMENTS.
   The city may require contractors to submit appropriate documentation prior to the award of contracts or purchase orders in which the city agrees to reimburse costs, confirming that:
   (A)   The proposed contractor's accounting system will permit timely development of all necessary cost data in the form required by the specific contract type contemplated; and
   (B)   The proposed contractor's accounting system is adequate to allocate costs, if required, in accordance with generally accepted accounting principles.
(Ord. passed 6-20-2005)