SDL adjustment considerations; detailed budget for the relevant year that complies with the relevant Activities; indicative budget for the subsequent period(s) of this Priority Project; financial reporting template that meets the requirements of Items I.2.1.c and I.2.1.d and I.2.2 b; and an overview that provides certainty that the timing of planned Activities for the relevant financial year contributes to both Activities achieved to date and for the subsequent period(s) of this Priority Project. Annual Workplans for the purposes of this Project Schedule must be approved by the Commonwealth. The State agrees to provide to the Annual Workplans for the relevant management actions by March of each year for the work to be undertaken in the following financial year. The Commonwealth agrees to consider the Annual Workplan and provide the State with a response within 20 business days of the receipt of the workplan. If is any inconsistency between an Annual Workplan and this Project Schedule, the Project Schedule prevails to the extent of the inconsistency. Project Milestones Land and Water purchase milestones Project Project Indicator / Evidence Due Date Funding Milestone Milestone (excl GST) Number 1 First Stage of Notification by the State within 6 $xxxxxxxxx legal process for within 48 hours of the months of Completed purchase of land date set for exchange of the signing June 2013 and water contracts for purchase of of this the land and water Schedule entitlement. 2 Meeting Provision of copies of the within 12 $xxxxxxxx contractual exchanged contracts and months of Completed obligations for notification by the State the June 2013 land and water of date set for settlement exchange purchase of the purchase of the of contracts land and water entitlement. 3 Details of Account details of Within 1 Completed separate financial separate financial month of August 2013 management management accounts. the signing accounts of this Evidence in the form of Schedule statements showing
SDL adjustment considerations; detailed budget for the relevant year that complies with the relevant Activities; indicative budget for the subsequent period(s) of this Priority Project; financial reporting template that meets the requirements of Items I.2.1.c and I.2.1.d and I.2.2 b; and an overview that provides certainty that the timing of planned Activities for the relevant financial year contributes to both Activities achieved to date and for the subsequent period(s) of this Priority Project. Annual Workplans for the purposes of this Project Schedule must be approved by the Commonwealth. The State agrees to provide to the Annual Workplans for the relevant management actions by March of each year for the work to be undertaken in the following financial year. The Commonwealth agrees to consider the Annual Workplan and provide the State with a response within 20 business days of the receipt of the workplan. If is any inconsistency between an Annual Workplan and this Project Schedule, the Project Schedule prevails to the extent of the inconsistency. Project Milestones Land and Water purchase milestones Project Milestone Number Project Milestone Indicator / Evidence Due Date Funding (excl GST) 1 First Stage of legal process for purchase of land and water Notification by the State within 48 hours of the date set for exchange of contracts for purchase of the land and water entitlement. within 6 months of the signing of this Schedule $xxxxxxxxx Completed June 2013 2 Meeting contractual obligations for land and water purchase Provision of copies of the exchanged contracts and notification by the State of date set for settlement of the purchase of the land and water entitlement. within 12 months of the exchange of contracts $xxxxxxxx Completed June 2013 3 Details of separate financial management accounts Account details of separate financial management accounts. Evidence in the form of statements showing Within 1 month of the signing of this Schedule Completed August 2013