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BEAN SPROUTS, LLC
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Last modified
2/11/2021 1:59:06 PM
Creation date
6/22/2018 10:18:44 AM
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Contracts
Company Name
BEAN SPROUTS, LLC
Contract #
A-2018-113
Agency
PARKS, RECREATION, & COMMUNITY SERVICES
Council Approval Date
5/1/2018
Expiration Date
9/17/2023
Insurance Exp Date
7/3/2021
Destruction Year
2028
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14. RECORDS <br />Bean Sprouts shall keep records and invoices in connection with the work to be performed <br />under this Agreement. Bean Sprouts shall maintain complete and accurate records with respect to <br />the costs incurred under this Agreement and any services, expenditures, and disbursements <br />charged to the City for a minimum period of three (3) years, or for any longer period required by <br />law, from the date of final payment to Bean Sprouts under this Agreement. All such records and <br />invoices shall be clearly identifiable. Bean Sprouts shall allow a representative of the City to <br />examine, audit, and make transcripts or copies of such records and any other documents created <br />pursuant to this Agreement during regular business hours. Bean Sprouts shall allow inspection of <br />all work, data, documents, proceedings, and activities related to this Agreement for a period of <br />three (3) years from the date of final payment to Bean Sprouts under this Agreement. <br />Bean Sprouts shall install and record all sales and charges by means of cash registers or <br />other comparable devices that display to the customer the amount of the transaction and <br />automatically issue a receipt. The cash registers shall be equipped with devices that lock in sales <br />totals and other transaction records, or with counters which are not re-settable and which record <br />transaction numbers and sales details. Totals registered shall be read and recorded by Bean Sprouts <br />at the beginning and end of each business day. All voided transactions shall be supported by the <br />original cash register tape with supervisory approval documented. <br />15. CONFIDENTIALITY <br />If either party receives from the other information which due to the nature of such <br />information is reasonably understood to be confidential and/or proprietary, the party receiving <br />such information agrees that it shall not use or disclose such information except in the performance <br />of this Agreement, and further agrees to exercise the same degree of care it uses to protect its own <br />information of like importance, but in no event less than reasonable care. "Confidential <br />Information" shall include all nonpublic information of a party. Confidential Information includes <br />not only written information, but also information transferred orally, visually, electronically, or by <br />other means. Information disclosed to either party by any subsidiary and/or agent of the other <br />party shall be considered Confidential Information. The foregoing obligations of non-use and <br />nondisclosure shall not apply to any information that (a) has been disclosed in publicly available <br />sources; (b) is, through no fault of a receiving party, disclosed in a publicly available source; (c) <br />is in rightful possession of receiving party without an obligation of confidentiality; (d) is required <br />to be disclosed by operation of law; or (e) is independently developed by a receiving party without <br />reference to information disclosed by the City. <br />16. CONFLICT OF INTEREST CLAUSE <br />Bean Sprouts covenants that it presently has no interests and shall not have interests, direct <br />or indirect, which would conflict in any manner with performance of services specified tinder this <br />Agreement. City covenants that it presently has no interests and shall not have interests, direct or <br />indirect, which would conflict in any manner with performance of services specified under this <br />Agreement. <br />Page 11 of 17 <br />
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