[Code of Federal Regulations]
[Title 47, Volume 3]
[Revised as of October 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 47CFR54.516]

[Page 148-149]
 
                       TITLE 47--TELECOMMUNICATION
 
        CHAPTER I--FEDERAL COMMUNICATIONS COMMISSION (CONTINUED)
 
PART 54_UNIVERSAL SERVICE--Table of Contents
 
      Subpart F_Universal Service Support for Schools and Libraries
 
Sec. 54.516  Auditing.

    (a) Recordkeeping requirements--(1) Schools and libraries. Schools 
and libraries shall retain all documents related to the application for, 
receipt, and delivery of discounted telecommunications and other 
supported services for at least 5 years after the last day of service 
delivered in a particular Funding Year. Any other document that 
demonstrates compliance with the statutory or regulatory requirements 
for the schools and libraries mechanism shall be retained as well. 
Schools and libraries shall maintain asset and inventory records of 
equipment purchased as components of supported internal connections 
services sufficient to verify the actual location of such equipment for 
a period of five years after purchase.
    (2) Service providers. Service providers shall retain documents 
related to the delivery of discounted telecommunications and other 
supported services for at least 5 years after the last day of the 
delivery of discounted services. Any other document that demonstrates 
compliance with the statutory or regulatory requirements for the schools 
and libraries mechanism shall be retained as well.
    (b) Production of records. Schools, libraries, and service providers 
shall produce such records at the request of any representative 
(including any auditor) appointed by a state education department, the 
Administrator, the FCC, or any local, state or federal agency with 
jurisdiction over the entity.
    (c) Audits. Schools, libraries, and service providers shall be 
subject to audits and other investigations to evaluate their compliance 
with the statutory and regulatory requirements for

[[Page 149]]

the schools and libraries universal service support mechanism, including 
those requirements pertaining to what services and products are 
purchased, what services and products are delivered, and how services 
and products are being used. Schools and libraries receiving discounted 
services must provide consent before a service provider releases 
confidential information to the auditor, reviewer, or other 
representative.

[69 FR 55111, Sept. 13, 2004]