Common use of Tracking and Reporting Clause in Contracts

Tracking and Reporting. An assurance, reporting and benefits update framework for frequency and agreed milestones will be agreed by the Parties, based upon a Delivery Confidence (risk stratification) assessment that incorporates the associated risks that may affect the likelihood of success and/or previous performance of the Recipient The Delivery Confidence Assessment (risk stratification) will be agreed between the Parties as part of this funding agreement and will establish an appropriate layer of assurance that suits the programme/project and organisational capability to deliver. This Delivery Confidence Assessment (risk stratification) will also establish frequency of reporting. The Recipient is obliged to provide the reports and benefits updates listed in the Assurance, Reporting and Benefits Update Framework attached in Annex C. It is the responsibility of the Responsible Officer(s) detailed in Section 11 to ensure this happens. The Parties commit to jointly agreeing Delivery Confidence (risk stratification) prior to submission of all reports. Any changes to Delivery Confidence (risk stratification) will impact on assurance approach and reporting frequency. Any changes will be recorded via the CCN process and jointly agreed between Parties.