Section 3-122-177 - Cost or pricing data audit(a) The chief procurement officer, head of a purchasing agency, the attorney general or corporation counsel with legal authority over the purchasing agency, or a designee of either officer may require an audit of cost or pricing data submitted under section 3-122-125.(b) An audit should be required when in respect to the contractor, prospective contractor, subcontractor, or prospective subcontractor, there is: (1) A question as to the adequacy of accounting policies or cost systems;(2) A substantial change in the methods or levels of operation;(3) Previous unfavorable experience indicating doubtful reliability of estimating, accounting, or purchasing methods;(4) A lack of cost experience due to the procurement of a new supply or service; or(5) Other evidence that an audit is in the State's best interests as determined by the chief procurement officer, head of the purchasing agency, the attorney general or corporation counsel with legal authority over the purchasing agency, or a designee of either officer.[Eff 12/15/95; am and comp 11/17/97; comp MAR 21 2008] (Auth: HRS § 103D-202) (Imp: HRS § 103D-317)