TRANSPORTATION COMMISSION RM2 FUND

Print on Sponsor Letterhea APPENDIX C QUARTERLY PROJECT PROGRESS REPORT SAMPLE FORM Instructions in Italics Project Sponsor: Provide name of project sponsor. Project Title: Provide project title. Agreement No. Provide agreement number. Project Description: Provide current project description including limits of work for each facility involved in project. If no change from agreement or most recent amendment, provide statement confirming no change. STATUS: The status which the project is currently underway and the progress since the last report; major meetings and decisions on the project; any significant accomplishments; any setbacks to the project. The sponsor should note whether they anticipate any problems, and what area these problems exist in. EXPENDITURES TO DATE: These will be specified as expenditures since the prior reporting, and will include all finding sources including RM2. These will be sufficient detail to determine that they are eligible expenses. SCHEDULE CHANGES: Any changes in the project schedule and the consequences of those changes,particulady related to the project costs. If the schedule has been modified, a revised schedule must be attached COST CHANGES: All changes should be noted in the Progress Report; changes greater than 20%or$2.50,000 dollars, whichever is less, must be accompanied by a detailed explanation of what options the sponsor has considered to manage the change, including but not limited to what savings can be realized elsewhere in the project to compensate for the change, and what the risks are to not funding the change. If costs have changed by more than $250,000 or 20%whichever is greater, a revised funding plan and cash flow schedule must be attached. POTENTIAL CLAIMS: If R1v12 funds are utilized for the construction phase of the project, then the sponsor mist certify if there are any Notices of Potential Claim. If they exists, a summary of such notices as well as the likely costs or schedule impact shall be included. PROJECT SPECIFIC CONDITIONS: If the project specific conditions were approved as part of the allocation, the sponsor must address the status of meeting each condition.