Common use of Utilization Reports Clause in Contracts

Utilization Reports. Both the Contractor and Subcontractor shall complete Quarterly Utilization Reports (or similar type documents containing the same information) and submit them to the Contracting Officer and to the Bureau within ten (10) business days at the end of each quarter. This information will be used to determine the actual dollar amount paid to Subcontractor and will also serve as a record of fulfillment of Contractor’s Small Diverse Business and Small Business Commitments. If there was no activity during the quarter, then the form must be completed by stating “No activity in this quarter.” A late fee of $100.00 per day may be assessed against the Contractor if its Utilization Report is not submitted in accordance with the schedule above.

Utilization Reports. Both the Contractor and Subcontractor shall complete Quarterly Monthly Utilization Reports (or similar type documents containing the same information) and submit them to the Contracting Officer and to the Bureau within ten (10) business days at the end of each quartermonth. This information will be used to determine the actual dollar amount paid to Subcontractor and will also serve as a record of fulfillment of Contractor’s Small Diverse Business and Small Veteran Business Enterprise Commitments. If there was no activity during the quartermonth, then the form must be completed by stating “No activity in this quartermonth.” A late fee of $100.00 per day may be assessed against the Contractor if its the Contractor’s Utilization Report is not submitted in accordance with the schedule above.

Utilization Reports. Both the Contractor and Subcontractor shall complete Quarterly Monthly Utilization Reports (or similar type documents containing the same information) and submit them to the Contracting Officer and to the Bureau within ten (10) business days at the end of each quartermonth. This information will be used to determine the actual dollar amount paid to Subcontractor and will also serve as a record of fulfillment of Contractor’s Small Diverse Business and Small Business Commitments. If there was no activity during the quartermonth, then the form must be completed by stating “No activity in this quartermonth.” A late fee of $100.00 per day may be assessed against the Contractor if its the Contractor’s Utilization Report is not submitted in accordance with the schedule above.

Utilization Reports. Both the Contractor and Subcontractor shall complete Quarterly Utilization Reports (or similar type documents containing the same information) and submit them to the Contracting Officer and to the Bureau within ten (10) business days at the end of each quarter. This information will be used to determine the actual dollar amount paid to Subcontractor and will also serve as a record of fulfillment of Contractor’s Small Diverse Business and Small Business Commitments. If there was no activity during the quarter, then the form must be completed by stating “No activity in this quarter.” A late fee of $100.00 per day may be assessed against the Contractor if its the Contractor’s Utilization Report is not submitted in accordance with the schedule above.