Common use of Semiannual Progress Reports Clause in Contracts

Semiannual Progress Reports. Without limitation upon the provisions of Section 9.07 of the General Conditions, the Borrower, through the MOH, shall, commencing on the day falling ninety (90) days after the Effectiveness Date, and thereafter, not later than February 15 and July 15 in each calendar year and until Project completion, prepare and furnish to the Bank a semiannual progress report, of such scope and in such detail as the Bank shall reasonably request, describing, in accordance with the Monitoring and Evaluation Indicators, the progress achieved in the implementation of the Project during the preceding semester of the calendar year, including: (i) a summary of Project activities by Parts; (ii) a description of the main achievements against projected implementation targets and disbursements schedules, including problems encountered in Project implementation supported by the results of the quantitative and qualitative social impact analysis findings; (iii) identification of problem areas in terms of Project management and supervision, particularly with respect to delays in Project implementation and the causes of such delays; (iv) recommendations to address identified problems and comments on progress in implementing previous recommendations; (v) updated procurement and selection plans; and (vi) a list of all contracts signed up to the date of the relevant report.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement