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�N 3.2.1 Weekly Cost Account Level Progress Reporting Each week,the subcontractor organization will prepare and deliver to the City a weekly progress report for each Cost Account for which an open work authorization/notice to proceed exists.A single report may be produced provided the information for each Cost Account is clearly identified.The report is to be delivered by noon on Fridays.The report will identify: a) authorized work that was scheduled to be performed during the week (activities within the Cost Account), b) progress made against that authorized work presented as: c) a textual description of progress, d) a list of internal milestones attained, e) an accounting of the hours billed against that Cost Account by all subcontractor personnel, and f) an assessment of the time (in hours) remaining to complete the activities in the Cost Account (Estimate to Complete), a. a list of unplanned, but authorized work that was conducted, identifying the number of hours spent, b. authorized work that is scheduled to be performed during the next week, including any internal milestones expected to be reached, and c. a brief description of any problems encountered in performing the activities of the Cost Account or warnings of schedule slippage. The weekly Cost Account Level Progress Reports will be reviewed by Tidal Basin and the master project tracking system updated to reflect the progress.Variance reports will be provided to Cost Account Managers should the variance exceed the acceptable thresholds defined in the contract. 3.2.2 Monthly Scope of Services Progress Reporting Once a month,the prime contractor will prepare a Progress Report for submission to the City.A copy will be provided to the subcontractors.This report will present the progress of deliverables, project milestones,and/or elements expressed as a percentage complete and an indication of whether the work is ahead of or behind schedule. 3.3 Review Practices Clear points of visibility into the work•that the subcontractors are doing is crucial to reducing the risk of inappropriate work being done resulting in unplanned, costly rework.These points of visibility are established at regular periodic intervals and at key project milestones. 1 3.3.1 Progress Reviews On an as-needed basis,Tidal Basin may request an informal review of subcontractor progress.This. would involve discussions with the subcontractor's Functional Manager(Team Leader)or the subcontractor's point of contact for contractual matters.These reviews will be held at the request of the Project Manager.They will only be requested if cost or schedule variance exceeds the threshold identified in the contract. 1 Page: 6 1 I