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(1) The Contractor shall prepare written reports as described hereunder. No other PMIS narrative reports shall be required. All reports shall be in 8.5" X 1 I" format. (2) The Narrative Reporting Subsystem shall include the following reports: (a) A Monthly Executive Summary which provides an overview of current issues and pending decisions, future developments and expected achievements, and any problems or delays, including code violations found by Permitting Authority. (b) A Monthly Cost Narrative describing the current Construction Cost estimate status of the Project. (c) A Monthly Scheduling Narrative summarizing the current status of the overall Project Schedule. This report shall include an analysis of the various Project Schedules, a description of the critical path, and other analyses as necessary to compare planned performance with actual performance. (d) A Monthly Accounting Narrative describing the current cost and payment status of the entire Project. This report shall relate current encumbrances and expenditures to the budget allocations. (e) A Monthly Construction Progress Report during the Construction Phase summarizing the work of the various subcontractors. This report shall include information from the weekly job site meetings, as applicable, such as general conditions, long lead supplies, current deliveries, safety and labor relations programs permits, construction problems and recommendations, and plans for the succeeding month. (f) A Daily Construction Diary during the Construction Phase describing events and conditions on the site. (g) A Monthly Local Business Enterprise Report during the Construction Phase summarizing the participation of local subcontractorstmaterial suppliers for the current month, and Project to date. (h) Construction Manager shall submit, for Owner approval, a direct tax savings purchase plan that, upon acceptance, will be part of the Construction Manager's services. (3) The reports outlined in subsection (2)(a) through (e) above shall be bound with applicable computer reports and submitted monthly during Design and Construction phases and shall be current through the end of the preceding month. Copies shall be transmitted to the Owner and the Architect -Engineer and others designated by the Project Manager with the monthly pay requisition. Additional copies of the report outlined in subsection (2)(a) shall be bound separately and distributed monthly as directed by the Project Manager. (4) The report outlined in subsection (2)(f) above shall be maintained at the site available to the Owner and Architect - Engineer. 2.1.3 Schedule Control Subsystem (1) Master Project Schedule Upon award of this Contract, the Construction Team, shall submit a master Project Schedule covering the planning and design approvals, construction and Owner occupancy of the Project. This Schedule will serve as the framework for the subsequent development of all detailed schedules. The master Project Schedule shall be produced and updated monthly throughout the Project. (2) Construction Schedule Within thirty (30) days after the date of the Owner's issuance of a Notice to Proceed, the Contractor shall prepare and submit to the Architect -Engineer a Construction Schedule graphically depicting the activities contemplated to occur as a necessary incident to performance of the work required to complete the Project, showing the sequence in which the Contractor proposes for each such activity to occur and duration (dates of commencement and completion, respectively) of each such activity. Following development and submittal of the Construction Schedule as aforesaid, the Contractor shall, at the end of each calendar month occurring thereafter during the period of time required to finally complete the subject Project, or at such earlier intervals as circumstances may require, update and/or revise the Construction Schedule to show the actual progress of the work performed and the occurrence of all events which have affected the progress of performance of the work already performed or will affect the progress of the performance of the work yet to be 5