Common use of Reporting Obligations During the Project Clause in Contracts

Reporting Obligations During the Project. Alberta Innovates is a Provincial (Crown) Corporation. It is owned by the Government of Alberta. One of Alberta Innovates primary mandates is to support the development and commercialization of new and innovative technologies for the benefit of Alberta and Albertans. In doing so, Alberta Innovates invests public dollars to support the projects it funds. For that reason, Alberta Innovates is required to report to the Government of Alberta on its use of grant funding, to ensure Alberta Innovates mission and mandate are being achieved. Regular Applicant reporting is a requirement, both during the Term and afterward. Upon the completion of a Milestone (as set out in Schedule D) the Applicant is required to submit a Progress Report in the form provided by Alberta Innovates. These Progress Reports are required to be submitted within thirty (30) days of the completion of the given Milestone. If the Applicant does not provide a Milestone Report as required, this will be considered a default and Alberta Innovates may withhold payment of any portion of the Investment associated with that Milestone. For the final Milestone of the Project, the Applicant will provide Alberta Innovates with a Final Report within thirty

Reporting Obligations During the Project. Alberta Innovates is a Provincial (Crown) Corporation. It is owned by the Government of Alberta. One of Alberta Innovates primary mandates is to support the development and commercialization of new and innovative technologies for the benefit benef it of Alberta and Albertans. In doing so, Alberta Innovates invests public dollars to support the projects it fundsf unds. For that reason, Alberta Innovates is required to report to the Government of Alberta on its use of grant fundingf unding, to ensure Alberta Innovates mission and mandate are being achieved. Regular Applicant reporting is a requirement, both during the Term and afterwardaf terward. Upon the completion of a Milestone (as set out in Schedule D) the Applicant is required to submit a Progress Report in the form provided by Alberta Innovates. These Progress Reports are required to be submitted within thirty (30) days of the completion of the given Milestone. If the Applicant does not provide a Milestone Report as required, this will be considered a default def xxxx and Alberta Innovates may withhold payment of any portion of the Investment associated with that Milestone. For the final f inal Milestone of the Project, the Applicant will provide Alberta Innovates with a Final Report within thirty