Report Content. (1) Monthly Technical Letter Report The contractor shall prepare and submit monthly technical letter progress reports in narrative form which shall contain technical results of the work accomplished during the reporting period. This report shall be in sufficient detail to disclose all work started and results achieved during the reporting period, an indication of any current problems which may impede performance, the proposed corrective action, and the work forecast for the next period. This document shall report progress and planning so as to correspond with the work schedule contained in the Government approved program plan. (2) Quarterly Financial Letter Report The contractor shall prepare and submit quarterly financial letter reports which will summarize in tabular form the expenditures for the current quarter and the cumulative expenditures through the current quarter. The report shall contain a detailed actual cost breakdown in the same categories which appeared in the contractor's cost proposal (including the extent of cost sharing) both for the current quarter and cumulatively through the current quarter. A graph comparing actual and planned cumulative expenditures versus time will be included. Any gross deviations should be explained. In addition, any outstanding commitments as of the end of the reporting period shall also be reflected in the report.
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