§ 152.319 Monitoring and reporting of program performance.

(a) The sponsor or planning agency shall monitor performance under the project to ensure that— (1) Time schedules are being met; (2) Work units projected by time periods are being accomplished; and, (3) Other performance goals are being achieved. (b) Reviews shall be made for— (1) Each item of development or work element included in the project; and (2) All other work to be performed as a condition of the grant agreement. (c) Airport development. Unless otherwise requested by the Administrator, the sponsor of a project for airport development shall submit a performance report, on an annual basis, that must include— (1) A comparison of actual accomplishments to the goals established for the period, made, if applicable, on a quantitative basis related to cost data for computation of unit costs; (2) The reasons for slippage in each case where an established goal was not met; and (3) Other pertinent information including, when appropriate, an analysis and explanation of each cost overrun and high unit cost. (d) Airport planning. The sponsor of a project for airport master planning or a planning agency conducting a project for airport system planning shall submit a performance report, on a quarterly basis, that must include: (1) A comparison of actual accomplishments to the goals established for the period, made, if applicable, on a quantitative basis related to costs for computation of work element costs; (2) Reasons for slippage in each case where an established goal was not met; and (3) Other pertinent information including, when appropriate, an analysis and explanation of each cost overrun and high work element cost.