Final Project Update Sample Clauses

The Final Project Update clause requires the party responsible for a project to provide a comprehensive summary of the project's status upon completion or at a designated milestone. This update typically includes details such as completed deliverables, outstanding issues, and any deviations from the original plan. By mandating a final report, the clause ensures all stakeholders are informed of the project's outcome, promotes transparency, and helps resolve any remaining questions or obligations before project closure.
Final Project Update. RECIPIENT shall provide a final project update with at least the following information: a description of project activities and accomplishments; total value of work contracted; and presentation quality photos if project is completed or under construction.
Final Project Update. RECIPIENT shall provide a final project update with at least the following information: a description of project activities and accomplishments; and presentation quality photos if project is completed. These project closeout documents shall be submitted via the online grants portal under the electronic signature of RECIPIENT staff authorized to administer the AGREEMENT. Release of the final reimbursement request or allocation of additional grants shall be subject to receipt of required closeout materials. The TRANSPORTATION AUTHORITY reserves the right to retain up to $25,000 or 10% of the GRANT, whichever is less, until all closeout documentation, including proof of attribution and project completion, has been submitted and accepted. PROJECT closeout occurs when the TRANSPORTATION AUTHORITY notifies the RECIPIENT through the online grants portal that the RECIPIENT’S closeout request has been approved.
Final Project Update. The RECIPIENT shall provide a final project update in the format that is specified for the TRANSPORTATION AUTHORITY’S Annual Report in Section IV. A. of this AGREEMENT. These project closeout documents shall be submitted under the signature of staff authorized to execute the AGREEMENT. Release of the final reimbursement request or allocation of additional grants shall be subject to fulfillment of required closeout materials. The TRANSPORTATION AUTHORITY reserves the right to retain up to $5,000 or 10% of the GRANT, whichever is less, until all closeout documentation, including proof of attribution and project completion, have been submitted and accepted.
Final Project Update. The RECIPIENT shall provide a final project update in the format that is specified for the AUTHORITY’S Annual Report in Section IV. A. of this AGREEMENT. These project closeout documents shall be submitted under the signature of staff authorized to execute the AGREEMENT. Release of the final reimbursement request or allocation of additional grants shall be subject to fulfillment of required closeout materials. The AUTHORITY reserves the right to retain up to $5,000 or 10% of the GRANT, whichever is less, until all closeout documentation, including proof of attribution and project completion, have been submitted and accepted.