Common use of Managing the Grant Clause in Contracts

Managing the Grant. 2.6.1 Each party must notify the other of: a. the nominated person who will act as the party’s authorised representative; and b. the contact details of the authorised representatives and any deputies. 2.6.2 The Commissioner requires the Recipient to submit in-year monitoring information as detailed in Schedule 3. 2.6.3 The Commissioner may, in addition ask the Recipient to clarify information provided to her or to any Agent. If so, the Recipient shall comply with any reasonable request. 2.6.4 An end of year financial monitoring report (also referred to as the “outturn statement”) shall be submitted by the Recipient to the Commissioner before the end of April 2022. This report must: a. be in the format set out in Annex B b. be signed by the Recipient’s Chief Finance Officer; c. have submitted a completed and satisfactory schedule 3 setting out the outcomes achieved with the grant; and d. Contain a detailed breakdown of expenditure for the entire Funding Period. 2.6.5 The Commissioner may, in addition, ask the Recipient to provide her with forecast outturn information for the financial year end. If so, the Recipient shall comply with any reasonable request. 2.6.6 The Recipient must notify the Commissioner as soon as reasonably practicable that an underspend is forecast.

Managing the Grant. 2.6.1 Each party must notify the other of: a. the nominated person who will act as the party’s authorised representative; and b. the contact details of the authorised representatives and any deputies. 2.6.2 The Commissioner requires the Recipient to submit in-year monitoring information as detailed in Schedule 3. 2.6.3 The Commissioner may, in addition ask the Recipient to clarify information provided to her or to any Agent. If so, the Recipient shall comply with any reasonable request. 2.6.4 An end of year financial monitoring report (also referred to as the “outturn statement”) shall be submitted by the Recipient to the Commissioner before the end of April 20222016. This report must: a. be in the format set out in Annex B b. be signed by the Recipient’s Chief Finance Officer; c. have submitted a completed and satisfactory schedule 3 setting out the outcomes achieved with the grant; and d. Contain a detailed breakdown of expenditure for the entire Funding Period. 2.6.5 The Commissioner may, in addition, ask the Recipient to provide her with forecast outturn information for the financial year end. If so, the Recipient shall comply with any reasonable request. 2.6.6 The Recipient must notify the Commissioner as soon as reasonably practicable that an underspend is forecast.

Managing the Grant. 2.6.1 Each party must notify the other of: a. the nominated person who will act as the party’s authorised representative; and b. the contact details of the authorised representatives and any deputies. 2.6.2 The Commissioner requires the Recipient to submit in-year monitoring information as detailed in Schedule 3. 2.6.3 The Commissioner may, in addition ask the Recipient to clarify information provided to her or to any Agent. If so, the Recipient shall comply with any reasonable request. 2.6.4 An end of year financial monitoring report (also referred to as the “outturn statement”) shall be submitted by the Recipient to the Commissioner before the end of April 20222018. This report must: a. be in the format set out in Annex B b. be signed by the Recipient’s Chief Finance Officer; c. have submitted a completed and satisfactory schedule 3 setting out the outcomes achieved with the grant; and d. Contain a detailed breakdown of expenditure for the entire Funding Period. 2.6.5 The Commissioner may, in addition, ask the Recipient to provide her with forecast outturn information for the financial year end. If so, the Recipient shall comply with any reasonable request. 2.6.6 The Recipient must notify the Commissioner as soon as reasonably practicable that an underspend is forecast.