29Monitoring of performance

#### 29 Monitoring of performance (1) TUSMA must monitor, and report each financial year to the Minister on, all significant matters relating to: (a) the performance of contractors; and (b) the performance of grant recipients. (2) A report under subsection (1) for a financial year must set out details of the following matters: (a) the adequacy of each contractor’s compliance, during that year, with the terms and conditions of a section 13 contract; (b) the adequacy of each grant recipient’s compliance, during that year, with the terms and conditions of a section 13 grant; (c) any notice of breach by a contractor of a section 13 contract, where the notice was given during that year; (d) any notice of breach by a grant recipient of a term or condition of a section 13 grant, where the notice was given during that year; (e) any remedial action taken by TUSMA during that year in response to a breach of a section 13 contract; (f) any remedial action taken by TUSMA during that year in response to a breach of the terms or conditions of a section 13 grant; (g) the result of any such remedial action. (3) Subsection (2) does not limit subsection (1). (4) A report under subsection (1) for a financial year must be included in the annual report prepared by the CEO and given to the Minister under section 46 of the Public Governance, Performance and Accountability Act 2013 for the relevant period.