Narrative Reporting. The CM shall prepare written reports as described hereunder. All such reports shall be in 8-2" x 11" or other convenient format. Copies shall be maintained at the Project Site and transmitted to the Owner and the AE. A bound copy of the complete narrative report shall be submitted to the Owner at the conclusion of the PROJECT. The narrative reporting subsystem shall include the following reports: (a) A monthly executive summary which provides an overview of current and outstanding issues and pending decisions, primary party responsible for the decision, future developments and expected achievements, and any problems or delays, including code violations found by the Permitting Authority. (b) A monthly cost narrative describing the current construction cost estimate and status of the PROJECT. (c) A monthly scheduling narrative summarizing the current status of the overall Project Schedule. This report shall include an analysis of the various Project Schedules, a description of the critical path, and the analysis as necessary to compare planned performance with actual performance. (d) A monthly accounting narrative describing the current actual cost and payment status of the PROJECT with supporting document. This report shall relate current encumbrances and expenditures to the budget allocations. (e) A monthly construction progress report during the construction phase summarizing the work of the various subcontractors. This report shall include information from the weekly job site meetings as applicable such as general conditions, long lead supplies, current deliveries, safety and labor relations programs, permits, construction problems and recommendations and plans for the succeeding month. (f) A daily construction diary during the construction phase describing events and conditions on the project site.
Appears in 15 contracts
Samples: Construction Manager Agreement, Construction Management Agreement, Construction Management Agreement