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Section 5Payment

Clause 52.4

Inspection of Accounts and Records

Purpose

The Contractor allows the Project Manager to inspect at any time within working hours the accounts and records which it is required to keep under the contract.

Practical Application

The PM has the right to audit the Contractor's cost records at any reasonable time. This includes accounts, timesheets, invoices, and subcontract payment records.

Common Pitfalls

Refusing or obstructing PM access to records may result in costs being treated as Disallowed Cost. The Contractor should maintain organised, accessible records at all times.

Related Clauses

📖 This summary is for reference. For the full, authoritative NEC4 contract text — including all amendments, guidance notes, and flow charts — visit the official NEC website.

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⚠️ This commentary is for reference only. Always refer to the full NEC4 contract text and seek professional legal or contractual advice for your specific project.