@all 21:06 May 17, 2015
Thanks to everyone for the input. It's hard to work out from the little context I have whether "balance sheet" is adequate - they are certainly involved, but it seems likely that they are just part of an overall review/program assessment.
There is absolutely no mention of when the "interim" review takes place, and the ST is about putting basic procedures in place, so I think in practice it's most likely it's vaguely mid-term. On reflection, I'd use mid-term except that this relates to a school, so it wouldn't be read a mid-term in the program.
I'm going to use "mid-way assessment" which hopefully covers the bases.
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