Local governments shall maintain such books, accounts, and records, and shall file with the Administration such financial and other reports as the Administration may from time to time require. All of these books, accounts, and records shall be open to the inspection of representatives of the Administration, or other agencies of the State during reasonable working hours. Books, accounts, and records of the local government shall be maintained and made available for inspection for 3 years past the date of termination of the contractual relationship between the local government and the Administration.