Common use of ANNUAL PROGRAM REPORT Clause in Contracts

ANNUAL PROGRAM REPORT. Annually during the Term, each Party will prepare an Annual Program Report for the previous Fiscal Year. No later than October 31 each year, each Party will provide to the other a copy of its Annual Program Report and provide a copy to the CAS, Implementation Subcommittee, and the Parties’ elected leaders. Each Party’s report will describe how it spent Funding in the previous Fiscal Year and how those expenditures contributed to outcomes as defined by KPIs set by the SOC. The Parties will prepare their Annual Program Reports using a template that they jointly create and approve, which will include the following: 6.3.1. Their Annual Program Plan for the given Fiscal Year; 6.3.2. Their Annual Spending Plan for the given Fiscal Year; 6.3.3. Reporting on all outcomes set forth in Exhibit 1. 6.3.4. A summary of Program investments over the Fiscal Year (if not identified in the Annual Spending Plan), including a list of Programs and Service Providers receiving Funding; 6.3.5. An analysis of how Program investments have contributed to the values and goals set forth in Exhibit 1; and 6.3.6. Any strategies to adjust or augment programming to improve performance and outcomes in future years. Parties will work to identify, adopt and develop a proven continuous quality improvement framework to help deliver improved operational performance and system transformation.