Common use of Project Reports Clause in Contracts

Project Reports. 1. The Borrower shall monitor and evaluate the progress of the Project and shall cause the Project Implementing Entity to prepare Project Reports in accordance with the provisions of Section 5.08 of the General Conditions and on the basis of indicators acceptable to the Bank. Each Project Report shall cover the period of one calendar quarter, and shall be furnished to the Bank not later than one month after the end of the period covered by such report. 2. Without limitation to the provisions of paragraph A.1 of this Section, the Borrower shall cause the Project Implementing Entity to include in each Project Report, a reference to the Borrower’s level of compliance with the DLIs.

Project Reports. 1. The Borrower shall monitor and evaluate the progress of the Project and shall cause the Project Implementing Entity to prepare Project Reports in accordance with the provisions of Section 5.08 of the General Conditions and on the basis of indicators acceptable to the Bank. Each Project Report shall cover the period of one calendar quartersemester, and shall be furnished to the Bank not later than one month forty-five days after the end of the period covered by such report. 2. Without limitation to the provisions of paragraph A.1 of this Section, the Borrower shall cause the Project Implementing Entity to include in each Project Report, a reference to the Borrower’s level of compliance with the DLIs.