Budget Execution Report definition

Budget Execution Report. A contract cost report is issued monthly summarizing the current financial status of the Project. The report shows the approved budget and notes all variances from that estimate due to changes initiated by ESTABLISHMENT or other required modifications. CFZ shall prepare the Budget Execution Report. The Budget Execution Report shows changes in two categories: “approved,” i.e. a Change Order has been approved by ESTABLISHMENT; “potential,” i.e. change estimate has been submitted and awaits approval by ESTABLISHMENT or an approximate estimate has been developed and submitted as an early warning system for identifying potential cost. CFZ shall develop cash flow reports and forecasts for the Project and advise ESTABLISHMENT as to variances between actual and budgeted or estimated costs. Acceptance and approval of all cash flow reports and forecasts prepared by CFZ will be subject to ESTABLISHMENT approval.

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Budget Execution Report means the consolidated budget execution report to be prepared by Punjab and furnished to the Association in accordance with the requirement set out in Section II.C of the Schedule to the Project Agreement.

Budget Execution Report. A contract cost report is issued monthly summarizing the current financial status of the Project. The report shows the approved budget and notes all variances from that estimate due to changes initiated by VOLCANO or other required modifications. CFZ shall prepare the Budget Execution Report. The Budget Execution Report shows changes in two categories: “approved,” i.e. a Change Order has been approved by VOLCANO; “potential,” i.e. change estimate has been submitted and awaits approval by VOLCANO or an approximate estimate has been developed and submitted as an early warning system for identifying potential cost. CFZ shall develop cash flow reports and forecasts for the Project and advise VOLCANO as to variances between actual and budgeted or estimated costs. Acceptance and approval of all cash flow reports and forecasts prepared by CFZ will be subject to VOLCANO’s approval.

Examples of Budget Execution Report in a sentence

The data is compiled and continuously compared to the approved estimate and updated by means of the monthly Budget Execution Report.
The data is compiled and continuously compared to the approved estimate and updated by means of the Budget Execution Report.
Budget allocation for the priority sectors, as defined in the Recipient’s action plan for the reduction of absolute poverty, with 65% of total expenditures allocated to priority sectors in the Budget execution for 2005, as evidenced in the Budget Execution Report 2005; and in the Budget planning for 2006, as evidenced in the Budget Law 2006.
Submission to the Recipient’s Parliament of the Recipient’s 2005 Budget Execution Report, in form and substance satisfactory to the Association, through the Recipient’s Auditor General and along with her opinion thereon, in accordance with paragraph 12 of the LDP.
Monthly Budget Execution Report (BER) by Cost (Template 6A) and Obligations (Template 6B) associated with the AOP shall be provided.

More Definitions of Budget Execution Report

Budget Execution Report means the Recipient’s report, prepared by its ministry at the time responsible for finance, on implementation of the Recipient’s budget.

Budget Execution Report means the Recipient’s report, prepared by its Ministry of Finance and Economic Planning (as hereinafter defined), on implementation of the Recipient’s Budget;

Budget Execution Report means the report generated from the accounting system of PHATA to show budgetary performance i.e., budget allocation, release, and utilization.