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2010 New York Code
TRA - Transportation
Article 22 - (480 - 488) IMPLEMENTATION OF THE REBUILD AND RENEW NEW YORK TRANSPORTATION BOND ACT OF 2005
486 - Maintenance of records.

§  486.  Maintenance of records. In connection with each contract, the
  commissioner and the municipality shall keep  adequate  records  of  the
  amount of the payment by the state, the amount of federal assistance, if
  any,  received  by  the  municipality for the project, and of all moneys
  expended by the municipality for such project. Such records required  to
  be kept by the commissioner shall establish the basis for recalculations
  of  the  state financial assistance as required herein. The commissioner
  shall have authority to carry out, or to cause to be carried out, audits
  of  such  contracts  and  records  pursuant  to  rules  and  regulations
  promulgated by the commissioner.

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