Common use of ANNUAL GRANT REVIEW Clause in Contracts

ANNUAL GRANT REVIEW. The Authority will review the Grant annually. The Authority will take into account the Grant Recipient’s delivery of the Funded Activities against the agreed outputs set out in Annex 6 of these Conditions by the Grant Recipient in accordance with paragraph 7.2 of these Conditions. Each quarterly and annual review may result in the Authority deciding that (for example a non-exclusive list includes): the Funded Activities and the Grant Funding Agreement should continue in line with existing plans; there should be an increase or decrease in the Grant for the subsequent Financial Year; the outputs, Milestones and KPIs should be re-defined and agreed; the Grant Recipient should provide the Authority with a draft remedial action plan setting out the steps the Grant Recipient will take to improve delivery of the Funded Activities; the Authority should recover any Unspent Monies; the Grant be terminated in accordance with paragraph 26.11 of these Conditions. If the Grant Recipient is required to submit a draft remedial action plan in accordance with paragraph 6.2.4 the Remedial Action Plan process set out in paragraph 26.4 to 26.10 shall apply. The Grant Recipient may make representations to the Authority regarding the Authority’s decision made in accordance with paragraph 6.2. The Authority is not however obliged to take such representations into account when making its decision as any such decision will be final and at the Authority’s absolute discretion.

ANNUAL GRANT REVIEW. The Grant Administrator is specifically tasked with conducting grant reviews on behalf of the Authority and any references to “Authority” in this section 6 shall be read as “the Authority acting through the Grant Administrator”. The Authority will review the Grant at least annually. The Authority will take into account the Grant Recipient’s delivery of the Funded Activities against the agreed outputs set out in Annex 6 Schedule 3 of these Conditions by the Grant Recipient in accordance with paragraph condition 7.2 of these Conditions. Each quarterly and annual review may result in the Authority deciding that (for example a non-exclusive list includes): that: the Funded Activities and the Grant Funding Agreement should continue in line with existing plans; there should be an increase or decrease in the Grant for the subsequent Financial Year; the outputs, Milestones and KPIs outputs should be re-defined and agreed; the Grant Recipient should provide the Authority with a draft remedial action plan Remedial Action Plan setting out the steps the Grant Recipient will take to improve delivery of the Funded Activities; the Authority should recover any Unspent Moniesunspent monies; the Grant be terminated in accordance with paragraph 26.11 condition 27.11 of these Conditions; or an alternative course of action not covered by the above list. If the Grant Recipient is required to submit a draft remedial action plan Remedial Action Plan in accordance with paragraph 6.2.4 condition 6.2.4, the Remedial Action Plan process set out in paragraph 26.4 condition 27.4 to 26.10 shall 27.10 must apply. The Grant Recipient may make representations to the Authority regarding the Authority’s decision made in accordance with paragraph condition 6.2. The Authority is not however obliged to take such representations into account when making its decision as any such decision will be final and at the Authority’s absolute discretion.

ANNUAL GRANT REVIEW. The Authority will review the Grant annually. The Authority will take into account the Grant Recipient’s delivery of the Funded Activities against the agreed outputs set out in Annex 6 of these Conditions by the Grant Recipient in accordance with paragraph 7.2 of these Conditions. Each quarterly and annual review may result in the Authority deciding that (for example a non-exclusive list includes): the Funded Activities and the Grant Funding Agreement should continue in line with existing plans; there should be an increase or decrease in the Grant for the subsequent Financial Year; the outputs, Milestones and KPIs outputs should be re-defined and agreed; the Grant Recipient should provide the Authority with a draft remedial action plan Remedial Action Plan setting out the steps the Grant Recipient will take to improve delivery of the Funded Activities; the Authority should recover any Unspent Monies; the Grant be terminated in accordance with paragraph 26.11 25.11 of these Conditions. If the Grant Recipient is required to submit a draft remedial action plan Remedial Action Plan in accordance with paragraph 6.2.4 the Remedial Action Plan process set out in paragraph 26.4 25.4 to 26.10 25.10 shall apply. The Grant Recipient may make representations to the Authority regarding the Authority’s decision made in accordance with paragraph 6.2. The Authority is not however obliged to take such representations into account when making its decision as any such decision will be final and at the Authority’s absolute discretion.