Specific Reports. [Drafting note: Reporting requirements that are not needed will be deleted. Where possible, reporting requirements under this Funding Agreement may be aligned with corresponding requirements the Recipient may have under an agreement with ARENA. The Department may also require additional/alternative reporting requirements] The Recipient must provide reports to the Department as follows: Report Type Date Requirements Milestone Report By the completion date as specified in item 1.3 of this Schedule 1. Each Milestone Report must include: 1. the name of the Recipient and all Subcontractors; 2. a contact name, telephone number and email address; 3. the Project title and number; 4. the Milestone and period to which the report relates; 5. a Project update, including an explanation of whether the Project is proceeding in accordance with the expected timelines and Milestone Dates. If not, the update must include an explanation of the reasons for the delay, the effect the delay will have on the Project and the action the Recipient proposes to take to address this; 6. a Budget update (including cost to completion) (in a format similar to that set out in Attachment [1]), including (without limitation): • a report on Eligible Expenditure (excluding GST) incurred to date against the heads of expenditure in the Budget; and • an explanation of whether the Project is proceeding in accordance with the Budget and, if it is not, an explanation of why the Budget is not being met, the effect this will have on the Project and the action the Recipient proposes to take to address this; 7. where payment of Funds will be determined based on payment in arrears and/or funds Legally Committed, reasonable evidence of those costs; 8. a statement of the Funds, Recipient Contributions and Other Contributions provided and spent including an itemised account of any amounts spent in connection Report Type Date Requirements with any arrangements with any Related Party of the Recipient, certified by an authorised officer of the Recipient; 9. the amount remaining in the account referred to in clause 15.1(r); 10. details of any published reports, promotional material, media publicity, pamphlets or other documentation relevant to the Project; 11. a brief update on the progress of the Project (including achievements and Knowledge Sharing Deliverables) relevant to the Outcomes suitable for public dissemination; and 12. any other information reasonably requested by the Department for the purposes of evaluating the Project against the objectives set out in the Guidelines and/or the Outcomes. An acquittals statement certified by the Recipient’s chief financial officer (or such other person approved by the Department) The acquittals statement is to be provided by [the Department and completed by the Recipient as part of the Final Report or such other date as may be agreed by the Department] The acquittals statement must certify: 1. that all the Funds, Recipient Contributions and Other Contributions were spent for the purpose of the Project in accordance with this Funding Agreement and that the Recipient has complied with this Funding Agreement; and 2. that salaries and allowances paid to persons involved in the Project are in accordance with any applicable award or agreement in force under any relevant law on industrial or workplace relations. Audited financial statements prepared by an Approved Auditor in accordance with Accounting Standards in respect of the Funds, Recipient Contributions and Other Contributions Within [insert] after the end of each financial year during the term of this Funding Agreement or otherwise at the Department’s request The audited financial statements must include: 1. a definitive statement as to whether the financial information for the Project represents the financial transactions fairly and is based on proper accounts and records; 2. a separate declaration from the Recipient's directors that the Recipient is solvent, a going concern and able to pay its debts as and when they fall due; and 3. detail of any of the Funds returned to the Department by the Recipient and the reasons for such refund. In this item 3.1, the following terms have the following meaning:
Appears in 2 contracts
Specific Reports. [Drafting note: Reporting requirements that are not needed will be deleted. Where possible, reporting requirements under this Funding Agreement may be aligned with corresponding requirements the Recipient may have under an agreement with ARENA. The Department may also require additional/alternative reporting requirements] The Recipient must provide reports to the Department ARENA as follows: Report Type Date Requirements Milestone Report By the completion date for a Milestone as specified in item 1.3 2.2 of this Schedule 1. Each Milestone Report must include: 1. (a) the name of the Recipient and all Subcontractorssubcontractors; 2. (b) a contact name, telephone number and email address; 3. (c) the Project Activity title and number; 4. (d) the Milestone and period to which the report relates; 5. a Project update, including an explanation of whether the Project is proceeding in accordance with the expected timelines and Milestone Dates. If not, the update must include an explanation of the reasons for the delay, the effect the delay will have on the Project and the action the Recipient proposes to take to address this; 6. (e) a Budget update (including cost to completion); (f) (in a format similar to that set out in Attachment [1]), including (without limitation): • a report on Eligible Expenditure (excluding GST) incurred to date against the heads of expenditure in the Budget; and • an explanation of whether the Project is proceeding in accordance with the Budget and, if it is not, an explanation of why the Budget is not being met, the effect this will have on the Project and the action the Recipient proposes to take to address this; 7. where payment of Funds will be determined based on payment in arrears and/or funds Legally Committed, reasonable evidence of those costs; 8. a statement of the FundsARENA Funding, Recipient Contributions and Other Contributions provided and spent including an itemised account of any amounts spent in connection Report Type Date Requirements with any arrangements with any Related Party of the Recipient, certified by an authorised officer of the Recipient; 9. (g) the amount remaining in the account referred to in clause 15.1(r14.1(r); 10. (h) the Milestone deliverables of that Milestone; (i) a technical report of the Milestone activities, including: a. a description and analysis of the technical progress of the Activity; b. evidence that the activities within the Milestone have been achieved; c. any major issues or developments which have arisen in the course of achieving the Milestone and the effect they will have on the Activity and implications for the risk management plan (if required under item 1.3 of Schedule 1); d. any proposed changes to the Activity; and e. if a community consultation plan is required under item 1.3 of Schedule 1, an update of community consultations undertaken by the Recipient under the community consultation Plan, and any significant issues that have arisen during these consultations; (j) details of any published reports, promotional material, media publicity, pamphlets or other documentation relevant to the ProjectActivity; 11. (k) a description of the Knowledge Sharing Deliverables in accordance with item 0 of Schedule 1; (l) a 'lessons learnt' knowledge sharing report (using the template provided by ARENA) for each Knowledge Sharing Deliverable since the previous report; (m) statistics for employment generated by or in connection with the Activity; and (n) a brief update on the progress of the Project Activity (including achievements and Knowledge Sharing Deliverables) relevant to the Outcomes suitable for public dissemination. Final Report Within 30 days of ARENA’s acceptance of the Milestone Report for Milestone 3 The Final Report must include: (a) the name of the Recipient and all subcontractors; (b) the Activity title and number; Report Type Date Requirements (c) the amount (if any) remaining in the account referred to in clause 14.1(r); (d) a description and analysis of the progress of the Activity, including: a. evidence that the Activity has been completed, and the Milestones have been achieved; b. details of the extent to which the Activity achieved the Outcomes; c. any highlights, breakthroughs or difficulties encountered; and 12. d. conclusions or recommendations (if any) arising from the Activity; (e) a description of the Knowledge Sharing Deliverables in accordance with item 0 of Schedule 1; (f) details of any published reports, promotional material, media publicity, pamphlets or other information reasonably requested documentation relevant to the Activity; (g) statistics for employment generated by or in connection with the Department Activity; and (h) a brief overview of completion of the Activity (including achievements and Knowledge Sharing Deliverables) for the purposes of evaluating the Project against the objectives set out in the Guidelines and/or the Outcomespublic dissemination. An acquittals statement certified by the Recipient’s chief financial officer 's Chief Financial Officer (or such other person approved by the Department) The acquittals statement is to be provided by [the Department and completed by the Recipient as part ARENA). Within 60 days of ARENA’s acceptance of the Final Report or such other date as may be agreed by the Department] The acquittals statement must certify: 1. (a) that all the FundsARENA Funding, Recipient Contributions (cash) and Other Contributions (cash) were spent for the purpose of the Project Activity in accordance with this Funding Agreement and that the Recipient has complied with this Funding Agreement; and 2. (b) that salaries and allowances paid to persons involved in the Project Activity are in accordance with any applicable award or agreement in force under any relevant law on industrial or workplace relations. Audited financial statements prepared A statement certified by an Approved Auditor in accordance with Accounting Standards in respect the relevant Director or authorised representative of the FundsRecipient, as approved by ARENA By the completion date for Milestone 2 and Milestone 3 as specified in item 2.2 of this Schedule 1 A statement of the Recipient Contributions (in-kind) and Other Contributions Within [insert] after the end of each financial year during the term of this Funding Agreement or otherwise at the Department’s request The audited financial statements (in-kind), which must include: 1. include a definitive statement as to whether the financial information for the Project this represents the financial transactions contributions fairly and is based on proper accounts whether they are reasonable, accounted for to an acceptable standard and records; 2. a separate declaration from the Recipient's directors that the Recipient is solvent, a going concern and able have not been charged to pay its debts as and when they fall due; and 3. detail of any of the Funds returned to the Department by the Recipient and the reasons for such refund. In this item 3.1, the following terms have the following meaning:other activity.
Appears in 1 contract
Samples: arena.gov.au
Specific Reports. [Drafting note: Reporting reporting requirements that are not needed will be deleted. Where possible, reporting requirements under this Funding Agreement agreement may be aligned with corresponding requirements the Recipient may have under an agreement with ARENA. The Department may also require additional/alternative reporting requirements.] The Recipient must provide reports to the Department as follows: Report Type Date Requirements Milestone Report By the completion date as specified in item 1.3 of this Schedule 1. Each Milestone Report must include: 1. the name of the Recipient and all Subcontractors; 2. a contact name, telephone number and email address; 3. the Project Pre-investment Activity title and number; 4. the Milestone and period to which the report relates; 5. a Project update, including an explanation of whether the Project is proceeding in accordance with the expected timelines and Milestone Dates. If not, the update must include an explanation of the reasons for the delay, the effect the delay will have on the Project and the action the Recipient proposes to take to address this; 6. a Budget update (including cost to completion) (in a format similar to that set out in Attachment [1]), including (without limitation): including: • a report on Eligible Expenditure (excluding GST) incurred to date against the heads of expenditure in the Budget; and • an explanation of whether the Project Pre- investment Activity is proceeding in accordance with the Budget and, if it is not, an explanation of why the Budget is not being met, the effect this will have on the Project Pre-investment Activity and the action the Recipient proposes to take to address this; 76. where payment of Funds will be determined based on payment in arrears and/or funds Legally Committed, reasonable evidence of those costs; 87. a statement of the Funds, Recipient Contributions and Other Contributions provided and spent including an itemised account of any amounts spent in connection Report Type Date Requirements with any arrangements with any Related Party of the Recipient, certified by an authorised officer of the Recipient; 9Report Type Date Requirements 8. the amount remaining in the account referred to in clause 15.1(r14.1(q); 109. details of any published reports, promotional material, media publicity, pamphlets or other documentation relevant to the ProjectPre-investment Activity; 10. details and evidence to support the Recipient’s representation that the Milestone has been achieved, including the documents described in item 1.3 of this Schedule 1 for each Milestone (as applicable); 11. a brief update on the progress of the Project (including achievements and Knowledge Sharing Deliverables) Pre- investment Activity relevant to the Outcomes suitable for public dissemination; and 12. any other information reasonably requested by the Department for the purposes of evaluating the Project Pre-investment Activity against the objectives set out in the Guidelines and/or the Outcomes. Report Type Date Requirements provided and spent including an itemised account of any amounts spent in connection with any arrangements with any Related Party of the Recipient, certified by an authorised officer of the Recipient; 7. the amount (if any) remaining in the account referred to in clause 14.1(q); 8. a description and analysis of the progress of the Pre-investment Activity, including: • evidence that the Pre-investment Activity has been completed, and the Milestones have been achieved; • details of the extent to which the Pre- investment Activity achieved the Outcomes; • any highlights, breakthroughs or difficulties encountered; • conclusions or recommendations (if any) arising from the Pre-investment Activity; • details of any published reports, promotional material, media publicity, pamphlets or other documentation relevant to the Pre-investment Activity; • statistics for employment generated by or in connection with the Pre-investment Activity; and • a brief overview of completion of the Pre- investment Activity for public dissemination; 9. any other information reasonably requested by the Department for the purposes of evaluating the Pre-investment Activity against the objectives set out in the Guidelines and/or the Outcomes. An acquittals statement certified by the Recipient’s chief financial officer (or such other person approved by the Department) The acquittals statement is to be provided by [the Department and completed by the Recipient as part of the Final Report or such other date as may be agreed by the Department.] The acquittals statement must certify: 1. that all the Funds, Recipient Contributions and Other Contributions were spent for the purpose of the Project Pre-investment Activity in accordance with this Funding Agreement agreement and that the Recipient has complied with this Funding Agreementagreement; and 2. that salaries and allowances paid to persons involved in the Project Pre-investment Activity are in accordance with any applicable award or agreement in force under any relevant law on industrial or workplace relations. Report Type Date Requirements Audited financial statements prepared by an Approved Auditor in accordance with Accounting Standards in respect of the Funds, Recipient Contributions and Other Contributions Within [insert] after the end of each financial year during the term of this Funding Agreement agreement or otherwise at the Department’s request The audited financial statements must include: 1. a definitive statement as to whether the financial information for the Project represents the financial transactions fairly and is based on proper accounts and records; 2. a separate declaration from the Recipient's directors that the Recipient is solvent, a going concern and able to pay its debts as and when they fall due; and 3. detail of any of the Funds returned to the Department by the Recipient and the reasons for such refund. In this item 3.1, the following terms have the following meaning:
Appears in 1 contract
Samples: www.energy.nsw.gov.au
Specific Reports. For information only [Drafting note: Reporting reporting requirements that are not needed will be deleted. Where possible, reporting requirements under this Funding Agreement agreement may be aligned with corresponding requirements the Recipient may have under an agreement with ARENA. The Department may also require additional/alternative reporting requirements.] The Recipient must provide reports to the Department as follows: Report Type Date Requirements Milestone Report By the completion date as specified in item 1.3 of this Schedule 1. Each Milestone Report must include: 1. the name of the Recipient and all Subcontractors; 2. a contact name, telephone number and email address; 3. the Project Pre-investment Activity title and number; 4. the Milestone and period to which the report relates; 5. a Project update, including an explanation of whether the Project is proceeding in accordance with the expected timelines and Milestone Dates. If not, the update must include an explanation of the reasons for the delay, the effect the delay will have on the Project and the action the Recipient proposes to take to address this; 6. a Budget update (including cost to completion) (in a format similar to that set out in Attachment [1]), including (without limitation): including: • a report on Eligible Expenditure (excluding GST) incurred to date against the heads of expenditure in the Budget; and • an explanation of whether the Project Pre- investment Activity is proceeding in accordance with the Budget and, if it is not, an explanation of why the Budget is not being met, the effect this will have on the Project Pre-investment Activity and the action the Recipient proposes to take to address this; 76. where payment of Funds will be determined based on payment in arrears and/or funds Legally Committed, reasonable evidence of those costs; 87. a statement of the Funds, Recipient Contributions and Other Contributions provided and spent including an itemised account of any amounts spent in connection Report Type Date Requirements with any arrangements with any Related Party of the Recipient, certified by an authorised officer of the Recipient; 9Report Type Date Requirements 8. the amount remaining in the account referred to in clause 15.1(r14.1(q); 109. details of any published reports, promotional material, media publicity, pamphlets or other documentation relevant to the ProjectPre-investment Activity; 10. details and evidence to support the Recipient’s representation that the Milestone has been achieved, including the documents described in item 1.3 of this Schedule 1 for each Milestone (as applicable); 11. a brief update on the progress of the Project (including achievements and Knowledge Sharing Deliverables) Pre- investment Activity relevant to the Outcomes suitable for public dissemination; and 12. any other information reasonably requested by the Department for the purposes of evaluating the Project Pre-investment Activity against the objectives set out in the Guidelines and/or the Outcomes. inform at For ion only Report Type Date Requirements provided and spent including an itemised account of any amounts spent in connection with any arrangements with any Related Party of the Recipient, certified by an authorised officer of the Recipient; 7. the amount (if any) remaining in the account referred to in clause 14.1(q); 8. a description and analysis of the progress of the Pre-investment Activity, including: • evidence that the Pre-investment Activity has been completed, and the Milestones have been achieved; • details of the extent to which the Pre- investment Activity achieved the Outcomes; • any highlights, breakthroughs or difficulties encountered; • conclusions or recommendations (if any) arising from the Pre-investment Activity; • details of any published reports, promotional material, media publicity, pamphlets or other documentation relevant to the Pre-investment Activity; • statistics for employment generated by or in connection with the Pre-investment Activity; and • a brief overview of completion of the Pre- investment Activity for public dissemination; 9. any other information reasonably requested by the Department for the purposes of evaluating the Pre-investment Activity against the objectives set out in the Guidelines and/or the Outcomes. An acquittals statement certified by the Recipient’s chief financial officer (or such other person approved by the Department) The acquittals statement is to be provided by [the Department and completed by the Recipient as part of the Final Report or such other date as may be agreed by the Department.] The acquittals statement must certify: 1. that all the Funds, Recipient Contributions and Other Contributions were spent for the purpose of the Project Pre-investment Activity in accordance with this Funding Agreement agreement and that the Recipient has complied with this Funding Agreementagreement; and 2. that salaries and allowances paid to persons involved in the Project Pre-investment Activity are in accordance with any applicable award or agreement in force under any relevant law on industrial or workplace relations. For information only Report Type Date Requirements Audited financial statements prepared by an Approved Auditor in accordance with Accounting Standards in respect of the Funds, Recipient Contributions and Other Contributions Within [insert] after the end of each financial year during the term of this Funding Agreement agreement or otherwise at the Department’s request The audited financial statements must include: 1. a definitive statement as to whether the financial information for the Project represents the financial transactions fairly and is based on proper accounts and records; 2. a separate declaration from the Recipient's directors that the Recipient is solvent, a going concern and able to pay its debts as and when they fall due; and 3. detail of any of the Funds returned to the Department by the Recipient and the reasons for such refund. In this item 3.1, the following terms have the following meaning:
Appears in 1 contract
Samples: www.energy.nsw.gov.au
Specific Reports. [Drafting note: Reporting reporting requirements that are not needed will be deleted. Where possible, reporting requirements under this Funding Agreement agreement may be aligned with corresponding requirements the Recipient may have under an agreement with ARENA. The Department may also require additional/alternative reporting requirements.] The Recipient must provide reports to the Department as follows: Report Type Date Requirements Milestone Report By the completion date as specified in item 1.3 of this Schedule 1. Each Milestone Report must include: 1. the name of the Recipient and all Subcontractors; 2. a contact name, telephone number and email address; 3. the Project Pre-investment Activity title and number; 4. the Milestone and period to which the report relates; 5. a Project update, including an explanation of whether the Project is proceeding in accordance with the expected timelines and Milestone Dates. If not, the update must include an explanation of the reasons for the delay, the effect the delay will have on the Project and the action the Recipient proposes to take to address this; 6. a Budget update (including cost to completion) (in a format similar to that set out in Attachment [1]), including (without limitation): including: • a report on Eligible Expenditure (excluding GST) incurred to date against the heads of expenditure in the Budget; and • an explanation of whether the Project Pre- investment Activity is proceeding in accordance with the Budget and, if it is not, an explanation of why the Budget is not being met, the effect this will have on the Project Pre-investment Activity and the action the Recipient proposes to take to address this; 76. where payment of Funds will be determined based on payment in arrears and/or funds Legally Committed, reasonable evidence of those costs; 87. a statement of the Funds, Recipient Contributions and Other Contributions provided and spent including an itemised account of any amounts spent in connection Report Type Date Requirements with any arrangements with any Related Party of the Recipient, certified by an authorised officer of the Recipient; 9Report Type Date Requirements 8. the amount remaining in the account referred to in clause 15.1(r14.1(q); 109. details of any published reports, promotional material, media publicity, pamphlets or other documentation relevant to the ProjectPre-investment Activity; 10. details and evidence to support the Recipient’s representation that the Milestone has been achieved, including the documents described in item 1.3 of this Schedule 1 for each Milestone (as applicable); 11. a brief update on the progress of the Project (including achievements and Knowledge Sharing Deliverables) Pre- investment Activity relevant to the Outcomes suitable for public dissemination; and 12. any other information reasonably requested by the Department for the purposes of evaluating the Project Pre-investment Activity against the objectives set out in the Guidelines and/or the Outcomes. Final Report [insert] [Drafting note: this date should be a specified date or linked to a Milestone date (not the End Date).] The Final Report must include: 1. the name of the Recipient and all Subcontractors; 2. the Pre-investment Activity title and number; 3. the period to which the report relates; 4. a Budget update (including cost to completion) (in a format similar to that set out in Attachment [1]), including • a report on Eligible Expenditure (excluding GST) incurred to date against the heads of expenditure in the Budget; • an explanation of whether the Pre- investment Activity is proceeding in accordance with the Budget and, if it is not, an explanation of why the Budget is not being met, the effect this will have on the Pre-investment Activity and the action the Recipient proposes to take to address this; and • any other information reasonably requested by the Department for the purposes of the Final Report; 5. where payment of Funds will be determined based on payment in arrears and/or funds Legally Committed, reasonable evidence of those costs; 6. a statement of the Funds, Recipient Contributions and Other Contributions Report Type Date Requirements provided and spent including an itemised account of any amounts spent in connection with any arrangements with any Related Party of the Recipient, certified by an authorised officer of the Recipient; 7. the amount (if any) remaining in the account referred to in clause 14.1(q); 8. a description and analysis of the progress of the Pre-investment Activity, including: • evidence that the Pre-investment Activity has been completed, and the Milestones have been achieved; • details of the extent to which the Pre- investment Activity achieved the Outcomes; • any highlights, breakthroughs or difficulties encountered; • conclusions or recommendations (if any) arising from the Pre-investment Activity; • details of any published reports, promotional material, media publicity, pamphlets or other documentation relevant to the Pre-investment Activity; • statistics for employment generated by or in connection with the Pre-investment Activity; and • a brief overview of completion of the Pre- investment Activity for public dissemination; 9. any other information reasonably requested by the Department for the purposes of evaluating the Pre-investment Activity against the objectives set out in the Guidelines and/or the Outcomes. An acquittals statement certified by the Recipient’s chief financial officer (or such other person approved by the Department) The acquittals statement is to be provided by [the Department and completed by the Recipient as part of the Final Report or such other date as may be agreed by the Department.] The acquittals statement must certify: 1. that all the Funds, Recipient Contributions and Other Contributions were spent for the purpose of the Project Pre-investment Activity in accordance with this Funding Agreement agreement and that the Recipient has complied with this Funding Agreementagreement; and 2. that salaries and allowances paid to persons involved in the Project Pre-investment Activity are in accordance with any applicable award or agreement in force under any relevant law on industrial or workplace relations. Report Type Date Requirements Audited financial statements prepared by an Approved Auditor in accordance with Accounting Standards in respect of the Funds, Recipient Contributions and Other Contributions Within [insert] after the end of each financial year during the term of this Funding Agreement agreement or otherwise at the Department’s request The audited financial statements must include: 1. a definitive statement as to whether the financial information for the Project represents the financial transactions fairly and is based on proper accounts and records; 2. a separate declaration from the Recipient's directors that the Recipient is solvent, a going concern and able to pay its debts as and when they fall due; and 3. detail of any of the Funds returned to the Department by the Recipient and the reasons for such refund. In this item 3.1, the following terms have the following meaning:
Appears in 1 contract
Samples: www.energy.nsw.gov.au
Specific Reports. [Drafting note: Reporting requirements that are not needed will be deleted. Where possible, reporting requirements under this Funding Agreement may be aligned with corresponding requirements the Recipient may have under an agreement with ARENA. The Department may also require additional/alternative reporting requirements] The Recipient must provide reports to the Department ARENA as follows: Report Type Date Requirements Milestone Report By the completion date for a Milestone as specified in item 1.3 2.2 of this Schedule 1. Each Milestone Report must include: 1. (a) the name of the Recipient and all Subcontractorssubcontractors; 2. (b) a contact name, telephone number and email address; 3. (c) the Project Activity title and number; 4. (d) the Milestone and period to which the report relates; 5. a Project update, including an explanation of whether the Project is proceeding in accordance with the expected timelines and Milestone Dates. If not, the update must include an explanation of the reasons for the delay, the effect the delay will have on the Project and the action the Recipient proposes to take to address this; 6. (e) a Budget update (including cost to completion); (f) (in a format similar to that set out in Attachment [1]), including (without limitation): • a report on Eligible Expenditure (excluding GST) incurred to date against the heads of expenditure in the Budget; and • an explanation of whether the Project is proceeding in accordance with the Budget and, if it is not, an explanation of why the Budget is not being met, the effect this will have on the Project and the action the Recipient proposes to take to address this; 7. where payment of Funds will be determined based on payment in arrears and/or funds Legally Committed, reasonable evidence of those costs; 8. a statement of the FundsARENA Funding, Recipient Contributions and Other Contributions provided and spent including an itemised account of any amounts spent in connection Report Type Date Requirements with any arrangements with any Related Party of the Recipient, certified by an authorised officer of the Recipient; 9. (g) the amount remaining in the account referred to in clause 15.1(r14.1(r); 10. (h) the Milestone deliverables of that Milestone; (i) a technical report of the Milestone activities, including: a. a description and analysis of the technical progress of the Activity; b. evidence that the activities within the Milestone have been achieved; c. any major issues or developments which have arisen in the course of achieving the Milestone and the effect they will have on the Activity and implications for the risk management plan (if required under item 1.3 of Schedule 1); d. any proposed changes to the Activity; and e. if a community consultation plan is required under item 1.3 of Schedule 1, an update of community consultations undertaken by the Recipient under the community consultation Plan, and any significant issues that have arisen during these consultations; (j) details of any published reports, promotional material, media publicity, pamphlets or other documentation relevant to the ProjectActivity; 11. (k) a description of the Knowledge Sharing Deliverables in accordance with item 3.2 of Schedule 1; (l) a 'lessons learnt' knowledge sharing report (using Report Type Date Requirements the template provided by ARENA) for each Knowledge Sharing Deliverable since the previous report; (m) statistics for employment generated by or in connection with the Activity; and (n) a brief update on the progress of the Project Activity (including achievements and Knowledge Sharing Deliverables) relevant to the Outcomes suitable for public dissemination. Final Report Within 30 days of ARENA’s acceptance of the Milestone Report for Milestone 3 The Final Report must include: (a) the name of the Recipient and all subcontractors; (b) the Activity title and number; (c) the amount (if any) remaining in the account referred to in clause 14.1(r); (d) a description and analysis of the progress of the Activity, including: a. evidence that the Activity has been completed, and the Milestones have been achieved; b. details of the extent to which the Activity achieved the Outcomes; c. any highlights, breakthroughs or difficulties encountered; and 12. d. conclusions or recommendations (if any) arising from the Activity; (e) a description of the Knowledge Sharing Deliverables in accordance with item 3.2 of Schedule 1; (f) details of any published reports, promotional material, media publicity, pamphlets or other information reasonably requested documentation relevant to the Activity; (g) statistics for employment generated by or in connection with the Department Activity; and (h) a brief overview of completion of the Activity (including achievements and Knowledge Sharing Deliverables) for the purposes of evaluating the Project against the objectives set out in the Guidelines and/or the Outcomespublic dissemination. An acquittals statement certified by the Recipient’s chief financial officer 's Chief Financial Officer (or such other person approved by the Department) The acquittals statement is to be provided by [the Department and completed by the Recipient as part ARENA). Within 60 days of ARENA’s acceptance of the Final Report or such other date as may be agreed by the Department] The acquittals statement must certify: 1. (a) that all the FundsARENA Funding, Recipient Contributions (cash) and Other Contributions (cash) were spent for the purpose of the Project Activity in accordance with this Funding Agreement and that the Recipient has complied with this Funding Agreement; and 2. (b) that salaries and allowances paid to persons involved in the Project Activity are in accordance with any applicable award or agreement in force under any relevant law on industrial or workplace relations. Audited financial statements prepared A statement certified by an Approved Auditor in accordance with Accounting Standards in respect the relevant Director or authorised representative of the FundsRecipient, as approved by ARENA By the completion date for Milestone 2 and Milestone 3 as specified in item 2.2 of this Schedule 1 A statement of the Recipient Contributions (in-kind) and Other Contributions Within [insert] after the end of each financial year during the term of this Funding Agreement or otherwise at the Department’s request The audited financial statements (in-kind), which must include: 1. include a definitive statement as to whether the financial information for the Project this represents the financial transactions contributions fairly and is based on proper accounts whether they are reasonable, accounted for to an acceptable standard and records; 2. a separate declaration from the Recipient's directors that the Recipient is solvent, a going concern and able have not been charged to pay its debts as and when they fall due; and 3. detail of any of the Funds returned to the Department by the Recipient and the reasons for such refund. In this item 3.1, the following terms have the following meaning:other activity.
Appears in 1 contract
Samples: arena.gov.au
Specific Reports. [Drafting note: Reporting requirements that ARENA to complete. Progress reports are not needed will be deleted. Where possible, reporting requirements under this Funding Agreement optional and may be aligned with corresponding requirements used to ensure regular reporting between the Recipient may have under an agreement with ARENA. The Department may also require additional/alternative reporting requirementsMilestone Reports.] The Recipient must must: provide reports to ARENA as set out in this item 3.1; and include within any Milestone Report, Progress Report or Final Report: the Department as follows: name of the Recipient and all subcontractors; a contact name, telephone number and email address; the Project title and number; a statement of the ARENA Funding, Recipient Contributions and Other Contributions provided and spent certified by an authorised officer of the Recipient; the amount remaining in the account referred to in clause 16.1(q); and details of any published reports, promotional material, media publicity, pamphlets or other documentation relevant to the Project. Report Type Date Requirements Milestone Report By the completion date as specified in item 1.3 1.4 of this Schedule 1. Each Milestone Report must include: 1. the name of the Recipient and all Subcontractors; 2. a contact name, telephone number and email address; 3. the Project title and number; 4. the Milestone and period to which the report relates; 5. a Project update, including an explanation of whether the Project is proceeding in accordance with the expected timelines and Milestone Dates. If not, the update must include an explanation of the reasons for the delay, the effect the delay will have on the Project and the action the Recipient proposes to take to address this; 6. a Budget update (including cost to completion) (in a format similar to that set out in Attachment [item 2.6 of Schedule 1]); and an update on: the progress of the Project relevant to the Outcomes; the Knowledge Sharing Deliverables completed during the period to which the report relates, including (without limitation): • a report on Eligible Expenditure (excluding GST) incurred to date against the heads list of expenditure in the Budgetany public reports or knowledge sharing reports, data or documentation; and • the outcomes of those Knowledge Sharing Deliverables. Progress Reports [insert] Each progress report must include an explanation of update on: whether the Project is proceeding in accordance with the Budget and, if it is not, an explanation of why the Budget is not being met, the effect this will have on the Project and the action the Recipient proposes to take to address this; 7. where payment of Funds the progress on achieving the Outcomes; any major issues or developments which have arisen and the effect they will be determined based have on payment in arrears and/or funds Legally Committed, reasonable evidence of those coststhe Project; 8. a statement of the Funds, Recipient Contributions and Other Contributions provided and spent including an itemised account of any amounts spent in connection Report Type Date Requirements with any arrangements with any Related Party of the Recipient, certified by an authorised officer of the Recipient; 9. the amount remaining in the account referred to in clause 15.1(r); 10. details of any published reports, promotional material, media publicity, pamphlets or other documentation relevant proposed changes to the Project; 11. Final Report [insert] [Drafting note: this date should be a brief update on specified date or linked to a Milestone date (not the End Date)] The Final Report must include: a description and analysis of the progress of the Project, including: evidence that the Project has been completed, and the Milestones have been achieved; details of the extent to which the Project achieved the Outcomes; any highlights, breakthroughs or difficulties encountered; and conclusions or recommendations (including achievements if any) arising from the Project; a description of the Knowledge Sharing Deliverables in accordance with item 4 of Schedule 1, along with all of the Knowledge Sharing Deliverables completed as at the date of the Final Report; statistics for employment generated by or in connection with the Project; analysis of the effectiveness of each of the Knowledge Sharing Deliverables completed; and for any on-going Knowledge Sharing Deliverables) relevant to the Outcomes suitable for public dissemination; and 12. any other information reasonably requested by the Department for the purposes , an update of evaluating the Project against the objectives set out progress in the Guidelines and/or the Outcomesundertaking each Knowledge Sharing Deliverable. An acquittals statement certified by the Recipient’s chief financial officer 's Chief Financial Officer (or such other person approved by the DepartmentARENA) The acquittals statement is to be provided by [the Department and completed by the Recipient as part of the Final Report or such other date as may be agreed by the Departmentinsert] The acquittals statement must certify: 1. that all the FundsARENA Funding, Recipient Contributions and Other Contributions were spent for the purpose of the Project in accordance with this Funding Agreement and that the Recipient has complied with this Funding Agreement; and 2. that salaries and allowances paid to persons involved in the Project are in accordance with any applicable award or agreement in force under any relevant law on industrial or workplace relations. Audited financial statements prepared by an Approved Auditor in accordance with Accounting Standards in respect of the FundsARENA Funding, Recipient Contributions and Other Contributions Within [insert] after the end of each financial year during the term of this Funding Agreement or otherwise at the DepartmentARENA’s request The audited financial statements must include: 1. a definitive statement as to whether the financial information for the Project represents the financial transactions fairly and is based on proper accounts and records; 2. if the Recipient is a company, a separate declaration from the Recipient's directors that the Recipient is solvent, a going concern and able to pay its debts as and when they fall due; and 3. detail of any of the Funds ARENA Funding returned to the Department ARENA by the Recipient and the reasons for such refund. In this item 3.1, the following terms have the following meaning:: Accounting Standards means the standards of that name maintained by the Australian Accounting Standards Board (referred to in section 227 of the Australian Securities and Investments Commission Act 2001 (Cth)) or other accounting standards which are generally accepted and consistently applied in Australia; An Approved Auditor is a person who is: registered as a company auditor under the Corporations Act 2001 (Cth) or an appropriately qualified member of the Institute of Chartered Accountants in Australia, CPA Australia or the Institute of Public Accountants; not a principal, member, shareholder, officer, agent, subcontractor or employee of the Recipient, an Project Participant or a Related Body Corporate of the Recipient or an Project Participant; and not the Recipient's accountant.
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Samples: arena.gov.au
