Common use of Accountability and Reporting Clause in Contracts

Accountability and Reporting. A. The Parties acknowledge that the funds provided by the Foundation are predicated upon the Parties’ mutual commitment to achieving the objectives of this MOU, and that the availability of the funds listed in the Funding Description is contingent upon the Parties fulfilling the agreements made in this MOU. B. In September and March of each year, the Department, with concurrence from the Agency, will provide written semi-annual reports to the Foundation concisely describing the key milestones and challenges of meeting the objectives of this MOU. C. In March of each year, the signatories to the MOU will meet to review the most recent Funding Description, as well as the Agency’s progress in obtaining public funding for implementing the MLPA, including but not limited to funding the Department personnel identified in Exhibit C. D. The signatories to this MOU may meet periodically to review the progress of meeting the objectives of this MOU, and may adjust the objectives and agreements by mutual consent through a written amendment to this MOU in accordance with Section VI(B). E. Each Party will promptly notify in writing all other Parties if a Party determines that any of the commitments made in this MOU are not likely to be met, accompanied by a written proposal to address the delay or shortfall. F. With respect to the subject matter of this MOU, the Parties acknowledge that none of the Parties have committed themselves to any tasks beyond the scope of this MOU.