Common use of Critical Project Review Clause in Contracts

Critical Project Review. The CAM may conduct a Critical Project Review upon reasonable notice at any time during the Agreement term. The purpose is to determine whether deliverables are being met and evaluate project implementation progress to ensure projects are complete within the Agreement term. If Recipient is not meeting deliverables resulting in delays with project implementation, the CAM may conduct a Critical Project Review to assess the project status. Recipient may be required to submit documentation to show progress toward completion, including but not limited to: invoice/receipts for project costs, contractor/consultant and subcontractor invoices and agreements, permitting/agreement fees, etc. Recipients must allow access to project records and documentation relevant to the Agreement. The Recipient shall: • Prepare a 90-day Progress Report that summarizes all Agreement activities conducted by the Recipient for the reporting period, including an assessment of the ability to complete the Agreement within the current budget and any anticipated cost overruns. The first progress report is due no later than 90 days following the commencement of the Agreement. Each subsequent report is due 90 days following the previous progress report received (either part of an invoice or a standalone report).