DAWIA Contracting Professional Practice Exam

How long must contractors retain contract files?

1 year 3 years 5 years 7 years

Correct Answer:

3 years

Explanation:

Retention duration for contract files is the main concept. In government contracting, you keep contract records for a set period to support audits, resolve claims, and address post‑award inquiries. The standard baseline is three years after final payment on the contract. This window starts after the last payment is made and after any contractual issues have been settled, ensuring records are available if questions or audits arise. If a dispute, claim, or audit is still open, you keep the files until those actions are resolved. After that period—and absent any other legal or agency requirements—the files can typically be disposed of.

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