Common use of FREQUENCY AND COVERAGE Clause in Contracts

FREQUENCY AND COVERAGE. All MI Reports must be completed by the Supplier using the MI Reporting Template and returned to the Authority on or prior to the Reporting Date each month in which there is spend to report, during the Dynamic Marketplace Period and thereafter, until all transactions relating to Contracts have permanently ceased. The MI Report should be used (among other things) to report work invoiced in the previous monthly period, regardless of when the order was taken and work completed. Each invoice issued by the Supplier must be reported only once when the invoice is raised. In the case of Apprenticeship Training funded by ESFA it is expected that Suppliers could be potentially reporting MI two months behind (no more than two calendar months is acceptable) due to the rules and draw down of the ESFA apprenticeship funding levy. The Supplier is not obliged to report MI to the Authority if there are no invoices to report from the previous monthly period. Suppliers must submit a nil return if there is nothing to report for that particular calendar month. The Supplier must inform the Authority of any errors or corrections to the Management Information: in the next MI Report due immediately following discovery of the error by the Supplier; or as a result of the Authority querying any data contained in an MI Report.