Common use of Initial Report Clause in Contracts

Initial Report. The Initial Report will provide the Recipient’s forecast of the timelines and costs (expenditure forecast) to completion. It also outlines the sources of Recipient funds and confirms other information regarding the Project.

Initial Report. The Initial Report will provide the Recipient’s forecast of the timelines and costs (expenditure Expenditure forecast) to completion. It also outlines the sources of Recipient funds and confirms other pertinent information regarding the Project.