Common use of Project Accounting Subsystem Clause in Contracts

Project Accounting Subsystem. This subsystem shall enable Construction Contractor to plan effectively and Owner to monitor and control the funds available for the Project, cash flow, costs, Change Orders, Construction Change Directives, payments, and other major financial factors by comparison of budget, estimate, total commitment, amounts invoiced, and amounts payable, and also enable Owner to stay informed as to the overall Project status. All reports to be generated as part of this subsystem shall be consistent with the Project Funding Schedule (if any). This subsystem will be produced and updated monthly and includes the following reports:

Project Accounting Subsystem. This (1) The operation of this subsystem shall enable the Construction Contractor Team to plan effectively and Owner to monitor and control the funds available for the Projectproject, cash flow, costs, Change Orders, Construction Change Directiveschange orders, payments, and other major financial factors by comparison of budget, estimate, total commitment, amounts invoiced, and amounts payable, and also enable Owner to stay informed as to the overall Project status. All reports to be generated as part of this subsystem shall be consistent with the Project Funding Schedule (if any). This subsystem will be produced and updated monthly and includes the following reports:reports which together will serve as a basic accounting tool and an audit trail. This report will also provide for accounting by building and site element.

Project Accounting Subsystem. This subsystem shall enable the Construction Contractor Manager to plan effectively and the Owner to monitor and control the funds available for the Project, cash flow, costs, Change Orders, Construction Change Directives, payments, and other major financial factors by comparison of budget, estimate, total commitment, amounts invoiced, and amounts payable, and also enable the Owner to stay informed as to the overall Project status. All reports to be generated as part of this subsystem shall be consistent with the Project Funding Schedule (if any)Schedule. This subsystem will be produced and updated monthly and includes the following reports:

Project Accounting Subsystem. This subsystem shall enable the Construction Contractor to plan effectively and the Owner to monitor and control the funds available for the Project, cash flow, costs, Change Orders, Construction Change Directives, payments, and other major financial factors by comparison of budget, estimate, total commitment, amounts invoiced, and amounts payable, and also enable the Owner to stay informed as to the overall Project status. All reports to be generated as part of this subsystem shall be consistent with the Project Funding Schedule (if any). This subsystem will be produced and updated monthly and includes the following reports:

Project Accounting Subsystem. This The operation of this subsystem shall enable the Construction Contractor Team to plan effectively and Owner to monitor and control the funds available for the Projectproject, cash flow, costs, Change Orders, Construction Change Directiveschange orders, payments, and other major financial factors by comparison of budget, estimate, total commitment, amounts invoiced, and amounts payable, and also enable Owner to stay informed as to the overall Project status. All reports to be generated as part of this subsystem shall be consistent with the Project Funding Schedule (if any). This subsystem will be produced and updated monthly and includes the following reportsreports :

Project Accounting Subsystem. This The operation of this subsystem shall enable the Construction Contractor to plan effectively and Owner Team to monitor and control the funds available for the Project, cash flow, costs, Change Orders, Construction Change Directiveschange orders, payments, and other major financial factors by comparison of budget, estimate, total commitment, amounts invoiced, and amounts payable, and also enable Owner to stay informed as to the overall Project status. All reports to be generated as part of this subsystem shall be consistent with the Project Funding Schedule (if any)plan effectively. This subsystem will be produced and updated monthly and includes the following reports:, which together will serve as a basic accounting tool and an audit trail. This report will also provide for accounting by building and site element.

Project Accounting Subsystem. This subsystem shall enable the Construction Contractor Manager to plan effectively and the Owner to monitor and control the funds available for the Project, cash flow, costs, Change Orders, Construction Change Directives, payments, and other major financial factors by comparison of budget, estimate, total commitment, amounts invoiced, and amounts payable, and also enable the Owner to stay informed as to the overall Project status. All reports to be generated as part of this subsystem shall be consistent with the Project Funding Schedule (if any). This subsystem will be produced and updated monthly and includes the following reports:

Project Accounting Subsystem. This subsystem shall enable Construction Contractor to plan effectively and Owner to monitor and control the funds available for the each Project, cash flow, costs, Change Orders, Construction Change Directives, payments, and other major financial factors by comparison of budget, estimate, total commitment, amounts invoiced, and amounts payable, and also enable Owner to stay informed as to the overall Project statusstatus of each Project. All reports to be generated as part of this subsystem shall be consistent with the any applicable Project Funding Schedule (if any)Schedule. This subsystem will be produced and updated monthly and includes the following reports:

Project Accounting Subsystem. This The operation of this subsystem shall enable the Construction Contractor Team to plan effectively and Owner to monitor and control the funds available for the Projectproject, cash flow, costs, Change Orders, Construction Change Directiveschange orders, payments, and other major financial factors by comparison of budget, estimate, total commitment, amounts invoiced, and amounts payable, and also enable Owner to stay informed as to the overall Project status. All reports to be generated as part of this subsystem shall be consistent with the Project Funding Schedule (if any). This subsystem will be produced and updated monthly and includes the following reports:reports which together will serve as a basic accounting tool and an audit trail. This report will also provide for accounting by building and site element.

Project Accounting Subsystem. This subsystem shall enable Construction the Contractor to plan effectively and the Owner to monitor and control the funds available for the Project, cash flow, costs, Change Orders, Construction Change Directiveschange orders, payments, and other major financial factors by comparison of budget, estimate, total commitment, amounts invoiced, and amounts payable, and also enable the Owner to stay informed as to the overall Project statusinformed. All reports to be generated as part of this subsystem shall be consistent with the Project Funding Schedule (if any). This subsystem Thissubsystem will be produced and updated monthly and includes the following reports:

Project Accounting Subsystem. This subsystem shall enable Construction Contractor Manager to plan effectively and Owner to monitor and control the funds available for the Project, cash flow, costs, Change Orders, Construction Change Directives, payments, and other major financial factors by comparison of budget, estimate, total commitment, amounts invoiced, and amounts payable, and also enable Owner to stay informed as to the overall Project status. All reports to be generated as part of this subsystem shall be consistent with the Project Funding Schedule (if any). This subsystem will be produced and updated monthly and includes the following reports: