Common use of Project Reports and Mid-term Review Clause in Contracts

Project Reports and Mid-term Review. 1. The Borrower shall monitor and evaluate the progress of the Project and prepare Project Reports in accordance with the provisions of Section 5.08 of the General Conditions and on the basis of indicators agreed with the Bank. Each Project Report shall cover the period of one (1) calendar semester, and shall be furnished to the Bank not later than forty-five (45) days after the end of the period covered by such report.

Project Reports and Mid-term Review. 1. The Borrower shall monitor and evaluate the progress of the Project and prepare Project Reports in accordance with the provisions of Section 5.08 of the General Conditions and on the basis of indicators agreed with acceptable to the Bank. Each Project Report shall cover the period of one (1) calendar semesterquarter, and shall be furnished to the Bank not later than forty-five (45) days one month after the end of the period covered by such report.