Common use of Project Status Clause in Contracts

Project Status. Briefly describe the work performed during the time period covered by the report including but not limited to: • Legal matters • Engineering Evaluations • Environmental matters • Status of permits, easements, rights-of-way, rights of entry and approvals as may be required by other State, federal, and/or local agencies • Major accomplishments during the reporting period (i.e. tasks completed, milestones met, meetings held or attended, press releases, etc.) • Issues/concerns that have, will, or could affect the schedule or budget, with a recommendation on how to correct the matter • Identify key issues that need to be resolved COST INFORMATION (as applicable) • Provide a list showing all project costs incurred during the time period covered by the report by the Funding Recipient and each contractor working on the Project and which of these costs are Eligible Project Costs • A brief discussion on how the actual budget is progressing in comparison to the project budget included in the Work Plan • A list of any changes approved to the budget in accordance with Funding Agreement and a revised budget, by task, if changed from latest budget in the Work Plan • A schedule showing actual progress verses planned progress • A brief discussion on how the actual schedule is progressing in comparison to the original or last reported schedule • A list of any changes approved to the Schedule in accordance with Funding Agreement and a revised schedule, by task, if changed from latest reported schedule The Final Annual Report shall contain the following Project completion information and shall generally use the following format. • Brief description of work proposed to be done in the original application • Description of actual work completed and any deviations from the work plan identified in the Funding Agreement