Common use of Project Status Reports Clause in Contracts

Project Status Reports. Selected QTPS shall submit to ISO-NE quarterly construction status reports in writing. The reports shall contain, but not be limited to, updates and information related to: (i) current engineering and construction status of the Project; (ii) Project completion percentage, including milestone completion; (iii) current target Project or phase completion date(s); (iv) applicable outage information; and (v) cost expenditures to date and revised projected cost estimates for completion of the Project.