Common use of Surplus/Deficit Report Clause in Contracts

Surplus/Deficit Report. The Sub-Recipient shall submit to the AAAPP by the 8th of each month a Surplus/Deficit Report, in a format provided by the AAAPP. This Surplus/Deficit Report must include the following: a. A list of all subcontractors and their current status regarding surplus/deficit; b. The Sub-Recipient’s detailed plan on how the surplus/deficit spending exceeding the threshold specified by the AAAPP will be resolved; c. Input from the Sub-Recipient’s Board of Directors on resolution of spending issues, if applicable; d. Number of clients currently on the APCL that receive a priority ranking score of 4 or 5; and e. Number of clients currently on the APCL designated as Imminent Risk.

Appears in 4 contracts

Sources: Standard Contract, Standard Contract, Standard Contract