Common use of During Operation Period Clause in Contracts

During Operation Period. the Concessionaire shall, no later than 10 (ten) days after the close of each month, furnish a monthly management report which shall include a summary of: (a) key performance indicators achieved in the month, along with an analysis of reasons for failures, if any, and proposals to remedy the same; (b) key operational hurdles and deliverables in the succeeding month along with strategies for addressing the same and for otherwise improving the Project Highway’s operational performance; and (c) key financial parameters for the month, as benchmarked against the monthly budget and the reasons for shortfall, if any, and proposals to remedy the same.

During Operation Period. the Concessionaire shall, no later than 10 (ten) days after the close of each month, furnish to the Authority and the Independent Engineer a monthly management report which shall include be a summary of: (a) key performance indicators achieved in the month, along with an analysis of reasons for failures, if any, and proposals to remedy the same; (b) key operational hurdles and deliverables expected in the succeeding month along with strategies for addressing the same and for otherwise improving the Project HighwayProject’s operational performance; and (c) key financial parameters for the month, as benchmarked against the monthly budget and budget, the reasons for shortfall, if any, and proposals to remedy the same.