Accept Rebate, Get Audited

Virginia is currently offering rebates to people who upgrade to more energy efficient appliances via the American Recovery and Reinvestment Act. However, I discovered the following fine print in the General Terms and Conditions that you have to agree to in order to receive the rebate:

A recipient is subject to audit by the state and federal government at any time up to five years after receiving a rebate funded by the American Recovery and Reinvestment Act. Recipient agrees to retain records for five years, provide access to records and the property where improvements were made and to cooperate if selected for audit. Authority for audits is covered in part under Section 1515(a) of the Recovery Act.