Title 3 REVENUE AND FINANCE
Chapter 3.08 PURCHASING
3.08.270 Approval of accounting system.
The chief procurement officer, the head of a purchasing
department/division/unit or a designee of either officer may require
that:
A. The proposed contractor’s accounting system shall
permit timely development of all necessary cost data in the form required by the
specific contract type contemplated;
B. The proposed contractor’s accounting system is
adequate to allocate costs in accordance with generally accepted accounting
principles. (Ord. 03-O-04 (part), 2003)