7. MAINTENANCE PLANS, REPORTS AND MEETINGS
7.1 Monthly Performance Reports
7.1.1 The Concessionaire shall produce a monthly performance report (the "Monthly Performance Report") to be submitted to MRTA by the 5th of each Month providing MRTA with a detailed review of the overall performance of the Concession Assets for the previous Month. The Concessionaire shall submit to the MRTA for approval the structure of the Monthly Performance Report as part of the Maintenance Services Plan. The report shall contain the following key items:
(a) Executive Summary with highlights, critical issues and the top ten failure summary;
(b) High level indices showing the level of failure per class of asset;
(c) Commentary on asset performance for each class of asset including action plans for underperforming assets;
(d) Technical KPIs with targets, benchmark performance standards, actual performance, trend analysis;
(e) Maintenance schedules showing the volume of maintenance activities (actual versus planed);
(f) Resource issues (stores, spares, and plant, human);
(g) Details of any safety issues that have emerged during the previous Month, including investigation and corrective action reports;
(h) Confirmation of progress on any outstanding engineering safety issues;
(i) Details of audits that have been carried out within each functional area and progress on any outstanding issues from previous audits;
(j) Details of environmental issues that have occurred during the reporting period and progress on any actions from previous periods; and
(k) (if and to the extent provided by the MRTA in sufficient time to form part of the report) details of any significant progress or closure of new and/or outstanding corrective actions relating to defect liability/engineering technical issue remedial works carried out by the Concessionaire.