Monthly Status Reports. 19.1.1 During the Operation Period, the Mine Operator shall, no later than 7 (seven) days after the close of each month, furnish to the Authority and the Engineer in charge, a monthly report stating in reasonable detail the condition of the Mines and Equipment including their compliance or otherwise with the Mining Plan, Maintenance Requirements, Maintenance Manual, Maintenance Programme and Safety Requirements, and shall promptly give such other relevant information as may be required by the Engineer in charge or the Authority. In particular, such report shall separately identify and state in reasonable detail the defects and deficiencies that require rectification. 19.1.2 During the Operation Period, the Mine Operator shall, no later than 10 (ten) days after the close of each month, furnish to the Authority and the Engineer in charge, a monthly management report which shall be a summary of: (a) key performance indicators achieved in the month, along with an analysis of reasons for failures, if any, and proposals to remedy the same; (b) key operational hurdles and deliverables expected in the succeeding month along with strategies for addressing the same and for otherwise improving the Project's operational performance; and (c) key financial parameters for the month, as benchmarked against the monthly budget, the reasons for shortfall, if any, and proposals to remedy the same.
Appears in 4 contracts
Sources: Contract Agreement, Model Contract Agreement, Contract Agreement
Monthly Status Reports. 19.1.1 During the Operation Period, the Mine Operator shall, no later than 7 (seven) days after the close of each month, furnish to the Authority and the Engineer in chargeIndependent Engineer, a monthly report stating in reasonable detail the condition of the Mines and Equipment including their compliance or otherwise with the Mining Plan, Maintenance Requirements, Maintenance Manual, Maintenance Programme and Safety Requirements, and shall promptly give such other relevant information as may be required by the Independent Engineer in charge or the Authority. In particular, such report shall separately identify and state in reasonable detail the defects and deficiencies that require rectification.
19.1.2 During the Operation Period, the Mine Operator shall, no later than 10 (ten) days after the close of each month, furnish to the Authority and the Engineer in chargeIndependent Engineer, a monthly management report which shall be a summary of:
(a) key performance indicators achieved in the month, along with an analysis of reasons for failures, if any, and proposals to remedy the same;
(b) key operational hurdles and deliverables expected in the succeeding month along with strategies for addressing the same and for otherwise improving the Project's operational performance; and
(c) key financial parameters for the month, as benchmarked against the monthly budget, the reasons for shortfall, if any, and proposals to remedy the same.
Appears in 1 contract
Sources: Coal Mining Agreement