Common use of FINANCIAL PROGRESS Clause in Contracts

FINANCIAL PROGRESS. In this section, the following will be presented: Detailed expenditures incurred during the current reporting period; Balance sheet situation at the date of the report; Expenditures estimation for the next reporting period. The information mentioned above will be structured according to the model Intermediary (financial) Progress Report (Annex 2) attached to this document. Entity name: Project title and code: Total Project value: Non-reimbursable financing value: Reporting period: month/year - month/year Activity 1- ....... expenditure category x... ………… …………. TOTAL month TOTAL month TOTAL ACTIVITY 1 ACTIVITY 2 ....., etc.-………… TOTAL month TOTAL month TOTAL ACTIVITY 2