Budget Execution Report definition

Budget Execution Report. A contract cost report is issued monthly summarizing the current financial status of the Project. The report shows the approved budget and notes all variances from that estimate due to changes initiated by ESTABLISHMENT or other required modifications. CFZ shall prepare the Budget Execution Report. The Budget Execution Report shows changes in two categories: “approved,” i.e. a Change Order has been approved by ESTABLISHMENT; “potential,” i.e. change estimate has been submitted and awaits approval by ESTABLISHMENT or an approximate estimate has been developed and submitted as an early warning system for identifying potential cost. CFZ shall develop cash flow reports and forecasts for the Project and advise ESTABLISHMENT as to variances between actual and budgeted or estimated costs. Acceptance and approval of all cash flow reports and forecasts prepared by CFZ will be subject to ESTABLISHMENT approval.
Budget Execution Report means the consolidated budget execution report to be prepared by Punjab and furnished to the Association in accordance with the requirement set out in Section II.C of the Schedule to the Project Agreement.
Budget Execution Report. A contract cost report is issued monthly summarizing the current financial status of the Project. The report shows the approved budget and notes all variances from that estimate due to changes initiated by VOLCANO or other required modifications. CFZ shall prepare the Budget Execution Report. The Budget Execution Report shows changes in two categories: “approved,” i.e. a Change Order has been approved by VOLCANO; “potential,” i.e. change estimate has been submitted and awaits approval by VOLCANO or an approximate estimate has been developed and submitted as an early warning system for identifying potential cost. CFZ shall develop cash flow reports and forecasts for the Project and advise VOLCANO as to variances between actual and budgeted or estimated costs. Acceptance and approval of all cash flow reports and forecasts prepared by CFZ will be subject to VOLCANO’s approval.

Examples of Budget Execution Report in a sentence

  • Staff are recruited directly by the Chamber.The Chamber gives its opinion to the Parliament on the draft State Budget Law and on the State Budget Execution Report and files an Annual Activity Report with the Parliament.

  • The data is compiled and continuously compared to the approved estimate and updated by means of the monthly Budget Execution Report.

  • Reporting of accounts payable and identifying those in arrears should be an integral part of the regular monthly fiscal reports and should be disclosed in the annual financial statements.Box 2.1: Example of Contents of Budget Execution Report in Budget Law: Croatia Budget Act 2009 – Semi Annual and Annual Statement on Budget Execution (Art 118)Article 108(1) The semi-annual and the annual statement on budget execution shall include:1.

  • In order to allow CAP-USAF to program and budget for CAP programs (Air Force funded programs), CAP provides to CAP-USAF/ FM a Program Objective Memorandum (POM) request, a Financial Plan, and a Budget Execution Report annually in accordance with timeframes, guidelines, and formats established by CAP-USAF/ FM, AU/XP/FM, and AETC/XP/FM to enable CAP to comply with Air Force requirements.

  • The quarterly and annual arrears report as part of Budget Execution Report (BER) will include item of opening balance, verified, paid, unverified and closing stock of arrears at end of the reporting period.

  • The data is compiled and continuously compared to the approved estimate and updated by means of the Budget Execution Report.

  • The accounting and reporting of each implementing agency uses the SAP system implemented under the PIFRA Project and carry out monthly expenditure reconciliation, as part of the monthly Budget Execution Report (BER) process with the Accountant General Khyber Pakhtunkhwa.

  • The Federation maintained budget stability during the reporting period, as reflected in the Consolidated Budget Execution Report for January-June 2018.

  • Basis for Qualified Opinion Article 14, Budget Execution Report, the final budget, was incorrectly presented in the amount of€11,738,000, understating the budget by €437,213 (final budget according to the Treasury data was€12,175,359).

  • Under the baseline scenario, assuming continuation of past trends, the resources available for 2 Macro data from 2019/20 Budget Execution Report, and Health expenditure data from draft 2017/18 NHA data (including out-of-pocket data from Household Budget Survey data 2017/18).


More Definitions of Budget Execution Report

Budget Execution Report means the Recipient’s report, prepared by its ministry at the time responsible for finance, on implementation of the Recipient’s budget.
Budget Execution Report means the Recipient’s report, prepared by its Ministry of Finance and Economic Planning (as hereinafter defined), on implementation of the Recipient’s Budget;

Related to Budget Execution Report

  • Evaluation Report means a report on the evaluation of tenders prepared under CSO 12

  • GLJ Report means the independent engineering reserves evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 11, 2022 and effective December 31, 2021.

  • Exception Report The report of the Trustee referred to in Section 2.02.

  • ESDM Report means the Emission Summary and Dispersion Modelling Report prepared in accordance with the Procedure Document by Envision Compliance and dated July 3, 2007 submitted in support of the application, and includes any amendments to the ESDM Report listed in Schedule A and all up-dated ESDM Reports prepared as required by the Documentation Requirements conditions of this Certificate.

  • CMSA Operating Statement Analysis Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Operating Statement Analysis Report" available as of the Closing Date on the CMSA Website or in such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage-backed securities transactions generally.

  • MI Report means a report containing Management Information submitted to the Authority in accordance with Framework Schedule 8 (Management Information);

  • Operating Statement Analysis Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Transaction Report is that certain report of transactions and schedule of collections in the form attached hereto as Exhibit C.

  • CREFC® Operating Statement Analysis Report The monthly report in the “Operating Statement Analysis Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Project Management Report means each report prepared in accordance with Section 4.02 of this Agreement;

  • Cost Report means a report detailing all costs incurred in relation to the Activity, to be submitted by the Incubatee to the Incubator.

  • Verification Report As defined in Section 4.19.

  • Reconciliation Report refers to the Reconciliation Report as referenced in s. 1 of Reg 200/21 under Connecting Care Act, 2019.

  • Root Cause Analysis Report means a report addressing a problem or non-conformance, in order to get to the ‘root cause’ of the problem, which thereby assists in correcting or eliminating the cause, and prevent the problem from recurring.

  • Condition Report means a condition report with respect to a Program Vehicle, signed and dated by the Servicer and a Manufacturer or its agent in accordance with the applicable Manufacturer Program.

  • Major Decision Reporting Package With respect to any Major Decision, (a) a written report prepared by the Special Servicer describing in reasonable detail (i) the background and circumstances requiring action of the Special Servicer, (ii) the proposed course of action recommended, and (iii) information regarding any direct or indirect conflict of interest in the subject action, and (b) all information in the Special Servicer’s possession that is reasonably requested by the party receiving such Major Decision Reporting Package in order for such party to exercise any consultation or consent rights available to such party under this Agreement.

  • Tax Certification Forms means any forms or other documentation as may be issued or required by a Tax Authority or by us from time to time to confirm your tax status [or the tax status of a Connected Person].

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.

  • Project Report means a summary statement of the likely environmental effects of a proposed development referred to in section 58;

  • SOS Reports means the official reports from the Secretaries of State of each Collateral State, Chief Executive Office State and the Borrower State and other applicable federal, state or local government offices identifying all current security interests filed in the Collateral and Liens of record as of the date of such report.

  • Inspection Report means the report delivered by the Master Servicer or the Special Servicer, as the case may be, substantially in the form of Exhibit L hereto.

  • Compliance Statement is that certain statement in the form attached hereto as Exhibit B.

  • Annual Statement of Compliance As defined in Section 3.13.

  • Progress Assessment Report (PAR means the monthly compliance report to Owner verifying compliance with the HUB subcontracting plan (HSP).

  • Attestation Report As defined in Section 3.17.

  • Rapidly report means within 72 hours of discovery of any cyber incident.