New York Laws
Article 20 - Implementation of the Accelerated Capacity and Transportation Improvements of the Nineties Bond Act
456 - Maintenance of Records.

ยง 456. 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 municipal bridge improvements
and of all moneys expended by the municipality for such improvements.
Such records shall be kept by the commissioner and shall establish the
basis for recalculations of the state payment 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.