Common use of FINANCIAL AND PERFORMANCE REPORTING Clause in Contracts

FINANCIAL AND PERFORMANCE REPORTING. A. Attachment B - Approved Project Budget, is the approved financial plan to carry out the purpose of this agreement. The budget shall be itemized to disclose specifically the agreement tasks and project activities to be funded. B. The Grantee shall submit Expenditure Reports (Attachment C) on a periodic basis as prescribed in Section VI of Attachment A – Financial and Performance Reporting, which compare actual expenditures with the Approved Project Budget (Attachment B). Expenditure Reports must be certified by the Grantee’s FinancialOfficer. C. The Grantee shall submit performance reports on a periodic basis as prescribed in Section VI of Attachment A – Financial and Performance Reporting. Performance reports shall present the following information for each task under this agreement: 1. a comparison of actual accomplishments to the objectives established in Attachments D - Scope of Services; D-1 - Project Requirements; and D-2 - Grantee’s Proposal, for the reporting period; 2. reasons why established goals were not met or tasks were not completed as scheduled, if appropriate; and 3. other pertinent information, including a description of work performed during the reporting period, relevant literature citations, raw data generated, any modifications to the planned scope of work, and an anticipated work schedule for the next reporting period. Performance reports shall include all available and relevant, quantitative data pertaining to production of project work units, completion of agreement tasks, and actual costs for each unit or task. Additionally, performance reports for Federally-funded agreements shall be completed in accordance with 2 CFR 200.328. D. The Grantee shall submit final Expenditure and performance reports on its overall performance under this agreement, as prescribed in Section VI of Attachment A – Financial and Performance Reporting. E. Extensions of reporting due dates may be granted upon written request to the Department. F. If reports are not submitted as required the Department shall, at its discretion, suspend payments on this agreement. G. If the Grantee has a history of unsatisfactory performance or the Grantee does not submit satisfactory reports, the Department may require additional and more detailed reports from the Grantee.

FINANCIAL AND PERFORMANCE REPORTING. A. Attachment B - B, Approved Project Budget, is the approved financial plan to carry out the purpose of this agreement. The budget shall be itemized to disclose specifically the agreement tasks and project activities to be funded. B. The Grantee shall submit Expenditure Reports (interim expenditure reports, including a completed copy of Attachment C) , Expenditure Report, comparing actual expenditures with the Approved Project Budget. These reports shall be submitted on a periodic basis as prescribed in Section VI VII of Attachment A – Financial A, Additional Provisions and Performance ReportingSpecial Modifications, which compare actual expenditures with the Approved Project Budget (Attachment B). Expenditure Reports and must be certified by the Grantee’s FinancialOfficer's Chief Financial Officer. C. The Grantee shall submit performance reports on a periodic an interim basis as prescribed by the Department in Section VI VII of Attachment A – Financial A, Additional Provisions and Performance ReportingSpecial Modifications. Performance reports shall present the following information for each agreement task under this agreementand shall include all available and relevant, quantitative data pertaining to production of project work units, completion of agreement tasks, and actual costs for each unit or task: 1. a comparison of actual accomplishments to the objectives established in Attachments D - D, Scope of Services; D-1 - D-1, Project Requirements; and D-2 - D-2, Grantee’s 's Proposal, for the reporting period;, 2. reasons why established goals were not met or tasks were not completed as scheduled, if appropriate; and 3. other pertinent information, including a description of work performed during the reporting period, relevant literature citations, raw data generated, any modifications to the planned scope of work, and an anticipated work schedule for the next reporting period. Performance reports shall include all available and relevant, quantitative data pertaining to production of project work units, completion of agreement tasks, and actual costs for each unit or task. Additionally, performance reports for Federally-funded agreements shall be completed in accordance with 2 CFR 200.328. D. The Grantee shall submit a final Expenditure and performance reports report on its overall performance under of this agreement, as prescribed in Section VI VII of Attachment A – A, Additional Provisions and Special Modifications, including a completed copy of Attachment C, Expenditure Report, comparing actual expenditures for the entire project with the Approved Project Budget, certified by the Chief Financial Officer, and Performance Reportinga final performance report. E. Extensions of reporting due dates may be granted upon written request to the Department. F. If reports are not submitted as required the Department shall, at its discretion, suspend payments on this agreementagreement or any other agreement entered into between the Department and the Grantee and shall take action to suspend payments to the Grantee by other State agencies. G. If the Grantee has a history of unsatisfactory performance or the Grantee does not submit satisfactory reports, the Department may require additional and more detailed reports from the Grantee.

FINANCIAL AND PERFORMANCE REPORTING. A. Attachment B - Approved Project Budget, is the approved financial plan to carry out the purpose of this agreement. The budget shall be itemized to disclose specifically the agreement tasks and project activities to be funded. B. The Grantee shall submit Expenditure Reports (Attachment C) on a periodic basis as prescribed in Section VI of Attachment A – Financial and Performance Reporting, which compare actual expenditures with the Approved Project Budget (Attachment B). Expenditure Reports must be certified by the Grantee’s FinancialOfficerFinancial Officer. C. B. The Grantee shall submit performance reports on a periodic basis as prescribed in Section VI of Attachment A – Financial and Performance Reporting. Performance reports shall present the following information for each task under this agreement: 1. a comparison of actual accomplishments to the objectives established in Attachments D - D, Scope of Services; D-1 - D- 1, Project Requirements; and D-2 - GranteeD-2, Xxxxxxx’s Proposal, for the reporting period;, 2. reasons why established goals were not met or tasks were not completed as scheduled, if appropriate; , and 3. other pertinent information, including a description of work performed during the reporting period, relevant literature citations, raw data generated, any modifications to the planned scope of work, and an anticipated work schedule for the next reporting period. Performance reports shall include all available and relevant, quantitative data pertaining to production of project work units, completion of agreement tasks, and actual costs for each unit or task. Additionally, performance reports for Federally-funded agreements shall be completed in accordance with 2 CFR 200.328. D. C. The Grantee shall submit final Expenditure and performance reports on its overall performance under this agreement, as prescribed in Section VI of Attachment A – Financial and Performance Reporting. E. D. Extensions of reporting due dates may be granted upon written request to the Department. F. E. If reports are not submitted as required the Department shall, at its discretion, suspend payments on this agreement. G. F. If the Grantee has a history of unsatisfactory performance or the Grantee does not submit satisfactory reports, the Department may require additional and more detailed reports from the Grantee.

FINANCIAL AND PERFORMANCE REPORTING. A. Attachment B - Approved Project Budget, is the approved financial plan to carry out the purpose of this agreement. The budget shall be itemized to disclose specifically the agreement tasks and project activities to be funded. B. The Grantee shall submit Expenditure Reports (Attachment C) on a periodic basis as prescribed in Section VI of Attachment A – Financial and Performance Reporting, which compare actual expenditures with the Approved Project Budget (Attachment B). Expenditure Reports must be certified by the Grantee’s FinancialOfficer. C. The Grantee shall submit performance reports on a periodic basis as prescribed in Section VI of Attachment A – Financial and Performance Reporting. Performance reports shall present the following information for each task under this agreement: 1. a comparison of actual accomplishments to the objectives established in Attachments D - Scope of Services; D-1 - Project Requirements; and D-2 - Grantee’s Proposal, for the reporting period; 2. reasons why established goals were not met or tasks were not completed as scheduled, if appropriate; and 3. other pertinent information, including a description of work performed during the reporting period, relevant literature citations, raw data generated, any modifications to the planned scope of work, and an anticipated work schedule for the next reporting period. Performance reports shall include all available and relevant, quantitative data pertaining to production of project work units, completion of agreement tasks, and actual costs for each unit or task. Additionally, performance reports for Federally-funded agreements shall be completed in accordance with 2 CFR 200.328. D. The Grantee shall submit final Expenditure and performance reports on its overall performance under this agreement, as prescribed in Section VI of Attachment A – Financial and Performance Reporting. E. Extensions of reporting due dates may be granted upon written request to the Department. F. If reports are not submitted as required the Department shall, at its discretion, suspend payments on this agreement. G. If the Grantee has a history of unsatisfactory performance or the Grantee does not submit satisfactory reports, the Department may require additional and more detailed reports from the Grantee.

FINANCIAL AND PERFORMANCE REPORTING. A. a. Attachment B - Approved Project Budget, is the approved financial plan to carry out the purpose of this agreementcontract. The budget shall be itemized to disclose specifically the agreement contract tasks and project activities to be funded. B. b. The Grantee Contractor shall submit Expenditure Reports (Attachment C) on a periodic basis as prescribed in Section VI V of Attachment A – Financial and Performance Reporting, which compare actual expenditures with the Approved Project Budget (Attachment B). Expenditure Reports must be certified by the GranteeContractor’s FinancialOfficerFinancial Officer. C. c. The Grantee Contractor shall submit performance reports on a periodic basis as prescribed in Section VI V of Attachment A – Financial and Performance Reporting. Performance reports shall present the following information for each task under this agreementinclude: 1. a comparison of actual accomplishments to the objectives established in Attachments D - (Scope of Services; ), Attachment D-1 - (Project Requirements; ) and Attachment D-2 - Grantee(Contractor’s Proposal, ) for the reporting period; 2. reasons why established goals were not met or tasks were not completed as scheduled, if appropriate; and; 3. other pertinent information, including a description of work performed during the reporting period, relevant literature citations, raw data generated, any modifications to the planned scope of work, and an anticipated work schedule for the next reporting period; and 4. Performance reports shall include all available and relevant, quantitative data pertaining to production of project work units, completion of agreement contract tasks, and actual costs for each unit or task. Additionally, financial reporting and performance reports for Federally-funded agreements contracts shall be completed in accordance with 2 C.F.R. 200.327 and 2 CFR 200.328, respectively. D. d. The Grantee Contractor shall submit final Expenditure and performance reports on its overall performance under of this agreementcontract, as prescribed in Section VI V of Attachment A – Financial and Performance Reporting, including a completed copy of Attachment C - Expenditure Report, comparing actual expenditures for the entire project with the Approved Project Budget, certified by the Contractor’s Financial Officer. E. e. Extensions of reporting due dates may be granted upon written request to the Department. F. If reports are not submitted as required the Department shall, at its discretion, suspend payments on this agreement. G. f. If the Grantee Contractor has a history of unsatisfactory performance or the Grantee Contractor does not submit satisfactory reports, the Department may require additional and more detailed reports from the GranteeContractor.

FINANCIAL AND PERFORMANCE REPORTING. A. Attachment B - Approved Project Budget, is the approved financial plan to carry out the purpose of this agreement. The budget shall be itemized to disclose specifically the agreement tasks and project activities to be funded. B. The Grantee shall submit Expenditure Reports (Attachment C) on a periodic basis as prescribed in Section VI of Attachment A – Financial and Performance Reporting, which compare actual expenditures with the Approved Project Budget (Attachment B). Expenditure Reports must be certified by the Grantee’s FinancialOfficer. C. The Grantee shall submit performance reports on a periodic basis as prescribed in Section VI of Attachment A – Financial and Performance Reporting. Performance reports shall present the following information for each task under this agreement: 1. a comparison of actual accomplishments to the objectives established in Attachments D - Scope of Services; D-1 D- 1 - Project Requirements; and D-2 - Grantee’s Proposal, for the reporting period; 2. reasons why established goals were not met or tasks were not completed as scheduled, if appropriateifappropriate; and 3. other pertinent information, including a description of work performed during the reporting period, relevant literature citations, raw data generated, any modifications to the planned scope of work, and an anticipated work schedule for the next reporting period. Performance reports shall include all available and relevant, quantitative data pertaining to production of project work units, completion of agreement tasks, and actual costs for each unit or task. Additionally, performance reports for Federally-funded agreements shall be completed in accordance with 2 CFR 200.328. D. The Grantee shall submit final Expenditure and performance reports on its overall performance under this agreement, as prescribed in Section VI of Attachment A – Financial and Performance Reporting. E. Extensions of reporting due dates may be granted upon written request to the Department. F. If reports are not submitted as required the Department shall, at its discretion, suspend payments on this agreement. G. If the Grantee has a history of unsatisfactory performance or the Grantee does not submit satisfactory reports, the Department may require additional and more detailed reports from the Grantee.