Guidelines for Record Retention and Destruction
The majority of sponsored projects have legal requirements as to how long project records, particularly financial records, must be retained. These guidelines recognize these legal requirements as well as the substantial physical and fiscal resources required to retain technical, clinical, financial, and other project records.
“Records” includes any documentary material made or received in connection with the application for, or conduct of, a sponsored activity. “Records” includes paper, electronic records, and records, reports, or data in other media.