Common use of Monthly Progress Reports Clause in Contracts

Monthly Progress Reports. Contractor shall prepare and submit a monthly report meeting the requirements of Exhibit I (each, a “Monthly Progress Report”) to Owner, Owner’s Representative and the Independent Engineer with each Request for Payment but in no event later than the tenth (10th) day of each month. Submission of Monthly Progress Reports shall continue until Contractor has completed all Work that is known to be outstanding at the time of Final Completion. Monthly Progress Reports shall include information relating to the performance of the Owner Contractors and the other information set forth in Exhibit I. The Parties agree that slippages in the Critical Path caused by Contractor, its Subcontractors or Agent For Contractors may be remedied by recovery plans and acceleration plans in accordance with Section 16.3, consisting of critical services, expediting of critical Material and equipment, the addition of productive construction equipment, additional competent supervision and other similar beneficial resources. It is further agreed that slippages in the Project Schedule known to Contractor will not be concealed from Owner, the Independent Engineer or the Lenders in the monthly reports.

Appears in 6 contracts

Sources: Engineering, Procurement and Construction Agreement (Venture Global, Inc.), Engineering, Procurement and Construction Agreement (Venture Global, Inc.), Engineering, Procurement and Construction Agreement (Venture Global, Inc.)

Monthly Progress Reports. Contractor shall prepare and submit a monthly report meeting the requirements of Exhibit I (each, a “Monthly Progress Report”) to Owner, Owner’s Representative and the Independent Engineer with each Request for Payment but in no event later than the tenth (10th) day of each month. Submission of Monthly Progress Reports shall continue until Contractor has completed all Work that is known to be outstanding at the time of Final Completion. Monthly Progress Reports shall include information relating to the performance of the Owner Contractors and the other information set forth in Exhibit I. The Parties agree that slippages in the Critical Path caused by Contractor, Contractor or its Subcontractors or Agent For Contractors may be remedied by recovery plans and acceleration plans in accordance with Section 16.3, consisting of critical services, expediting of critical Material and equipment, the addition of productive construction equipment, additional competent supervision and other similar beneficial resources. It is further agreed that slippages in the Project Schedule known to Contractor will not be concealed from Owner, the Independent Engineer or the Lenders in the monthly reports.

Appears in 4 contracts

Sources: Engineering, Procurement and Construction Agreement (Venture Global, Inc.), Engineering, Procurement and Construction Agreement (Venture Global, Inc.), Engineering, Procurement and Construction Agreement (Venture Global, Inc.)

Monthly Progress Reports. Contractor shall prepare and submit a monthly report meeting the requirements of Exhibit I (each, a “Monthly Progress Report”) to Owner, Owner’s Representative and the Independent Engineer with each Request for Payment but in no event later than the tenth (10th) day of each month. Submission of Monthly Progress Reports shall continue until Contractor has completed all Work that is known to be outstanding at the time of Final Completion. Monthly Progress Reports shall include information relating to the performance of the Owner Contractors and the other information set forth in Exhibit I. The Parties agree that slippages in the Critical Path caused by Contractor, its Subcontractors or Agent For Contractors may be remedied by recovery plans and acceleration plans in accordance with Section 16.3, consisting of critical services, expediting of critical Material and equipment, the addition of productive construction equipment, additional competent supervision and other similar beneficial resources. It is further agreed that slippages in the Critical Path of the Project Schedule known to Contractor will not be concealed from Owner, the Independent Engineer or the Lenders in the monthly reports.

Appears in 1 contract

Sources: Engineering, Procurement and Construction Agreement (Venture Global, Inc.)

Monthly Progress Reports. Contractor shall prepare and submit a monthly report meeting the requirements of Exhibit I (each, a “Monthly Progress Report”) to Owner, Owner’s Representative and the Independent Engineer with each Request for Payment but in no event later than the tenth (10th) day of each month. Submission of Monthly Progress Reports shall continue until Contractor has completed all Work that is known to be outstanding at the time of Final Completion. Monthly Progress #100592900v5 Reports shall include information relating to the performance of the Owner Contractors and the other information set forth in Exhibit I. The Parties agree that slippages in the Critical Path caused by Contractor, Contractor or its Subcontractors or Agent For Contractors may be remedied by recovery plans and acceleration plans in accordance with Section 16.3, consisting of critical services, expediting of critical Material and equipment, the addition of productive construction equipment, additional competent supervision and other similar beneficial resources. It is further agreed that slippages in the Project Schedule known to Contractor will not be concealed from Owner, the Independent Engineer or the Lenders in the monthly reports.

Appears in 1 contract

Sources: Engineering, Procurement and Construction Agreement (Venture Global, Inc.)