Common use of Review, Monitoring and Reporting Clause in Contracts

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. ‌ 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 15.2.6 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). 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 Firm 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 RSAP Dwellings with the Allocated Capital Grant or with the Capital Firm Scheme Grant (as applicable); 15.2.3 change any assumptions in relation to the Approved Revenue Bid or any Revenue Funding Firm 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 Firm Scheme 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, the Approved Revenue Bid or Revenue Funding Firm 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 AgreementClause 14 (Operational Obligations); or 15.2.7 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). 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 deliver any Capital Firm Scheme or Revenue Funding Firm 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 RSAP Dwellings with the Allocated Capital Grant or with the Capital Firm Scheme Grant (as applicable); 15.2.3 change any assumptions in relation to the Approved Revenue Bid or any Revenue Funding Firm 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 Firm Scheme Grant (as applicable); 15.2.4 indicate that Homes England is making available more grant than is required to Deliver deliver the Approved Capital Bid, a Capital Firm Scheme, the Approved Revenue Bid or Revenue Funding Firm 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 AgreementClause 14 (Operational Obligations); or 15.2.7 15.2.6 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). 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 Firm 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 RSAP Dwellings with the Allocated Capital Grant or with the Capital Firm Scheme Grant (as applicable); 15.2.3 change any assumptions in relation to the Approved Revenue Bid or any Revenue Funding Firm 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 Firm Scheme 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, the Approved Revenue Bid or Revenue Funding Firm 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 AgreementClause 14 (Operational Obligations); or 15.2.7 15.2.6 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). 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 15.2.6 constitute a Default Event, (collectively the Contract Monitoring Outputs).