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, , � operated by the Contractor and apecial sudita of the Contractor's books and records to ascertain the extent of any operation and maintenance deficiencies, to determine the remedial measurea required for their correction, and to assist the Contractor in solving specific problems. Except in an emergency, any special inspection or audit ahall be made only after written notice thereof has been delivered to the Contractor by the Contracting Officer. (c) The Contractor shall provide access to the Pro�ect Works, operate any mechanical or electrical equipment, and be available to assist in the examination, inspection, or audit. (d) The Contracting Officer shall prepare reports based on the examinations, inspections or audits, and furnieh copies of such reports and any recommendations to the Contractor. (e) The Contractor shall reimburse the actual cost incurred by the United States in making operation and maintenance examinations, inspections and audiis, and preparing associated reports and recommendation. (f) The Contracting Officer may provide the State an opportunity to observe and participate, at its own expense, in the examinations and inspections. The State may be provided copies of reports and any recommendations relating to such examinations and inspections. EMERGENCY RESERVE FUND 19. (a) Commencing with execution of this con[ract the Contractor shall accumulate and maintain a reserve fund, which the Contractor shall keep available to meet costs incurred during periods of special stress caused by damaging droughts, storms, earthquakes, floods, or other emergencies threatening or causing interruption of water service. (b) The Contractor shall accumulate the reserve fund with annual deposits or investments of not less than $10.000 to a federally insured interest- or dividend-bearing account, or in securities guaranteed by the Federal Government; Provided, That money in the reserve fund ahall be available within a reasonable time to meet expensea of such purposes as those identified in paragraph (d). Such annual deposits and the a ccumulation of interest to the reserve fund shall continue until the basic amount of $100,000 is accumulated. Following an emergency expenditure from the fund, the annual deposits shall continue from the year following the emergency expenditure until the previous balance is restored. After the initial amount is accumulated or after the previous balance is restored, the annual devosits_may be_discontinued and ihe � interest earnings shall continue to accumulate and be retained as part of the reserve fund. Q (c) Upon mutual agreement between the Contractor and the Contracting Officer, the basic reserve fund or the accumulated reserve fund may be ad3usted to account for risk and uncertainty stemming from the size and complexity of the pro�ect, the ai2e of the annual operation and maintenance budget, additions to, deletions from, or changes in Project Worka, and operation and maintenance costs not contemplated when this contract was executed. If the accumulated fund is adjusted downward, the Contractor shall forward the excess increment of the fund to the United States within 60 days of the date of adjustment. Such excess 26