Review, Monitoring and Reporting. The Grant Recipient must promptly advise GLA when any circumstance occurs which may: impact adversely on the Grant Recipient's ability to deliver any Named Project in accordance with the terms of this Agreement; and/or impact adversely on the Grant Recipient's ability to Profile the Unprofiled Indicative Dwellings into Named Projects; and/or constitute a Default Event or a breach of any term of this Agreement; and/or give rise to the making of a Section 114 Report or the issue of a Section 15 Direction. The Grant Recipient shall attend a review meeting when required to do so by the GLA acting reasonably and the GLA shall provide the Grant Recipient with written details of the matters to be discussed at the review meeting timeously in advance of such meeting. The Grant Recipient shall provide the GLA as soon as reasonably practicable with such information as the GLA shall reasonably require to support or facilitate the discussions referred to in this Condition 12 and shall use all reasonable endeavours to ensure the accuracy of any information provided. The Grant Recipient must keep OPS fully updated and ensure that it accurately reflects the agreed Approved Bid and Named Project Details from time to time. The Grant Recipient shall promptly: participate in any evaluation of AHP 2021-26 that DLUHC or GLA or its or their agents may require from time to time; supply (subject always to its data protection obligations under Condition 21) any information and data required by DLUHC, GLA or its or their agents in respect of any such evaluation, which may include information/data pertaining to any AHP Dwellings (including, inter alia, addresses and tenures of such dwellings); and update OPS accurately with such information as may be requested by GLA from time to time (acting reasonably) in connection with the terms of this Agreement. The GLA is entitled from time to time to conduct a review and reconciliation exercise (Interim Reconciliation Exercise) to: assess the Grant Recipient's progress in the Profiling of the Unprofiled Indicative Dwellings to Named Projects and in delivering the resulting Named (Indicative) Projects as against each Annual Committed Number; and/or assess the average of the grant rates applied to the AHP Dwellings of each Tenure Type comprised in each Named (Indicative) Project against the Average Grant Rates. If, as a result of an Interim Reconciliation Exercise, the GLA determines, acting reasonably, that either: the Grant Recipient is faili...
Review, Monitoring and Reporting. 11.1 The Grant Recipient must promptly advise GLA when any circumstance occurs which may:
11.1.1 impact adversely on the Grant Recipient's ability to deliver any Named Project in accordance with the terms of this Agreement;
11.1.2 constitute a Default Event or a breach of Condition 9 or 10; and/or
11.1.3 give rise to the making of a Section 114 Report or the issue of a Section 15 Direction.
11.2 The Grant Recipient shall attend a review meeting when required to do so by the GLA acting reasonably and the GLA shall provide the Grant Recipient with written details of the matters to be discussed at the review meeting timeously in advance of such meeting.
11.3 The Grant Recipient shall provide the GLA as soon as reasonably practicable with such information as the GLA shall reasonably require to support or facilitate the discussions referred to in this Condition 11 and shall use all reasonable endeavours to ensure the accuracy of any information provided.
11.4 The Grant Recipient must keep OPS fully updated and ensure that it accurately reflects the agreed Approved Bid and Named Project Details from time to time.
11.5 The Grant Recipient shall ensure that it and any Grant Recipient Affiliate (at its or their cost) co-operates with the GLA during an SGEI Review and it shall if requested promptly provide the GLA with SGEI Information and such other information, evidence and/or explanation as the GLA may reasonably require.
Review, Monitoring and Reporting. 10.1 The Grant Recipient shall comply fully with the contract management and reporting obligations set out in this Agreement.
10.2 The Grant Recipient acknowledges the high importance to Homes England of it being promptly advised when any circumstance occurs which may:
10.2.1 impact on the Grant Recipient's ability to Deliver any Firm Scheme in accordance with the terms of this Agreement;
10.2.2 indicate that Homes England is making available more grant than is required to Deliver any Firm Scheme or the Approved Capital Bid;
10.2.3 give rise to the making of a Section 114 Report or the issue of a Section 15 Direction;
10.2.4 constitute a breach of Clauses 8 (Delivery Obligations) or 9 (Operational Obligations); or
10.2.5 constitute a Default Event. (collectively the Contract Monitoring Outputs).
Review, Monitoring and Reporting. 10.1 The Grant Recipient will promptly advise GLA when any circumstance occurs which may:
10.1.1 impact adversely on the Grant Recipient's ability to deliver any Named Project in accordance with the terms of this Agreement;
10.1.2 constitute a Default Event or a breach of Condition 8 or 9; and/or
10.1.3 give rise to the making of a Section 114 Report or the issue of a Section 15 Direction.
10.2 The GLA may from time to time request that the Grant Recipient attend a review meeting (acting reasonably) and the GLA shall provide the Grant Recipient with written details of the matters to be discussed at the review meeting timeously in advance of such meeting.
10.3 The Grant Recipient shall provide the GLA as soon as reasonably practicable with such information as the GLA shall reasonably require to support or facilitate the discussions referred to in this Condition 10 and shall use all reasonable endeavours to ensure the accuracy of any information provided.
10.4 The Grant Recipient must keep OPS fully updated and ensure that it accurately reflects the Named Project Details from time to time.
Review, Monitoring and Reporting.
15.1 The Grant Recipient shall comply fully with the contract management and reporting obligations set out in this Clause 15 (Review, Monitoring and Reporting).
15.2 The Grant Recipient acknowledges the high importance to Homes England of it being promptly advised when any circumstance occurs which may:
15.2.1 impact on the Grant Recipient's ability to Deliver any Capital Firm Scheme or Revenue Funding Scheme in accordance with the terms of this Agreement;
15.2.2 change any assumptions in relation to the Approved Capital Bid or any Capital Firm Scheme which would provide an opportunity for the Grant Recipient to deliver more SHAP Dwellings with the Allocated Capital Grant or with the Capital Firm Scheme Grant (as applicable);
15.2.3 change any assumptions in relation to any Revenue Funding Scheme which would provide an opportunity for the Grant Recipient to provide more Revenue Funding Support Services with the Allocated Revenue Grant or with the Revenue Grant (as applicable);
15.2.4 indicate that Homes England is making available more grant than is required to Deliver the Approved Capital Bid, a Capital Firm Scheme, or Revenue Funding Scheme;
15.2.5 give rise to the making of a Section 114 Report or the issue of a Section 15 Direction;
15.2.6 constitute a breach by it of this Agreement; or
15.2.7 constitute a Default Event, (collectively the Contract Monitoring Outputs).
Review, Monitoring and Reporting.
16.1 Each Consortium Member must comply fully with the contract management and reporting obligations set out in this Agreement.
16.2 Each Consortium Member acknowledges the high importance to Homes England of it being promptly advised when any circumstance occurs which may:
16.2.1 impact on its ability to Deliver any Capital Firm Scheme or Revenue Firm Scheme in accordance with the terms of this Agreement;
16.2.2 change any assumptions in relation to the Approved Capital Bid or any Capital Firm Scheme which would provide an opportunity for the Consortium or any Consortium Member to deliver more RSAP Dwellings with the Allocated Capital Grant or with the Capital Firm Scheme Grant (as applicable);
16.2.3 change any assumptions in relation to the Approved Revenue Bid or any Revenue Firm Scheme which would provide an opportunity for the Relevant Consortium Member to provide more Revenue Services with the Allocated Revenue Grant or with the Revenue Firm Scheme Grant (as applicable);
16.2.4 indicate that Homes England is making available more grant than is required to Deliver the Approved Capital Bid, a Capital Firm Scheme, the Approved Revenue Bid or Revenue Firm Scheme;
16.2.5 in the case of an LA Provider, give rise to the making of a Section 114 Report or the issue of a Section 15 Direction;
16.2.6 constitute a breach of Clause 13 (Delivery Obligations) or Clause 15 (Operational Obligations); or
16.2.7 constitute a Default Event, (collectively the Contract Monitoring Outputs).
Review, Monitoring and Reporting. 11.1 The Grant Recipient shall comply fully with the contract management and reporting obligations set out in this Condition 11 (Review, Monitoring and Reporting).
11.2 The Grant Recipient acknowledges the high importance to the Agency of it being advised when any circumstance occurs which may:
11.2.1 impact on the Grant Recipient's ability to deliver any Firm Scheme in accordance with the terms of this Agreement;
11.2.2 change any assumptions in relation to the Approved Bid or any Firm Scheme which would provide an opportunity for the Grant Recipient to deliver more AHP Dwellings with the Allocated Grant;
11.2.3 indicates that the Agency is making available more grant than is required to deliver the Approved Bid or a Firm Scheme; or
11.2.4 without prejudice to the circumstances specified in Conditions 11.2.1 (Review, Monitoring and Reporting) to 11.2.4 (Review, Monitoring and Reporting) (inclusive), indicate that the Grant Recipient will need to make more or fewer Permitted Conversion. (collectively the Contract Monitoring Outputs).
11.3 Where the Agency becomes aware either via the Contract Monitoring Outputs or through other monitoring, that the Approved Bid has not been complied with or is unlikely to be complied with, the Agency may in order to address such compliance failure issue an Allocation Change Notice requiring:
11.3.1 a reduction, increase or other change to the number of AHP Dwellings to be delivered or to the Conversion Capacity; and/or
11.3.2 a reduction or other adjustment to the Allocated Grant or to any Firm Scheme Grant; and/or
11.3.3 any other change to the Approved Bid the Agency deems reasonably necessary; and such Allocation Change Notice shall be discussed as soon as reasonably practicable by the parties and in any event within 15 Business Days of the date of issue of the Allocation Change Notice.
11.4 Nothing in Condition 11.3 (Review, Monitoring and Reporting) shall preclude the parties from agreeing an alternative means of dealing with the failure to comply with the Approved Bid to that set out in the Allocation Change Notice save that unless such alternative is agreed and reflected in IMS by the end of the then current Financial Year, the change required by the Agency in the Allocation Change Notice shall take effect on the next following 1 April and the Agency shall be entitled to make all such changes to IMS as are necessary to reflect the contents of the Allocation Change Notice.
11.5 The Grant Recipient shall with effect f...
Review, Monitoring and Reporting.
12.1 Each Consortium Member must comply fully with the contract management and reporting obligations set out in this Agreement.
12.2 Each Consortium Member acknowledges the high importance to Homes England of it being promptly advised when any circumstance occurs which may:
12.2.1 impact on its ability to Deliver any Firm Scheme in accordance with the terms of this Agreement;
12.2.2 indicate that Homes England is making available more grant than is required to Deliver any Firm Scheme or the Approved Capital Bid;
12.2.3 in the case of an LA Provider, gives rise to the making of a Section 114 Report or the issue of a Section 15 Direction;
12.2.4 constitute a breach of clauses 10 (Delivery Obligations) or 11 (Operational Obligations); or
12.2.5 constitute a Default Event, (collectively the Contract Monitoring Outputs).
Review, Monitoring and Reporting.
3.1 The Developer shall comply fully with the contract management and reporting obligations set out in this Agreement.
3.2 The Developer acknowledges the high importance to Homes England of it being promptly advised when any circumstance occurs which may:
3.2.1 impact on the Developer's ability to Deliver any Firm Scheme in accordance with the terms of this Agreement;
3.2.2 prejudice the ability for the URB Landlord or RP Landlord to take a transfer or be granted an interest in an AHP Dwelling that is a Completed Interest;
3.2.3 indicate that Homes England is making available more grant than is required to Deliver the Approved Capital Bid or Firm Scheme;
3.2.4 constitute a breach of Clause 8 (Firm Scheme Obligations); or
3.2.5 constitute a Default Event, (collectively the Contract Monitoring Outputs).
Review, Monitoring and Reporting.
15.1 The Grant Recipient shall comply fully with the contract management and reporting obligations set out in this Clause 15 (Review, Monitoring and Reporting).
