Common use of 3Reporting Clause in Contracts

3Reporting. The beneficiaries have a general obligation to inform and to provide information upon request during implementation of the action or afterwards. Any information may be requested as to verify eligibility of costs, proper implementation of the action and compliance with any other obligation under the Grant Agreement. Likewise, the beneficiaries are obliged to keep information up to date and to inform about events or circumstances that are likely to affect the Grant Agreement. The nature and scope of these obligations are further laid out in Article 17 of the Grant Agreement. 4.3.1 Periodic and final reports Periodic and Final reporting are a contractual obligation as defined in Article 20 of the Grant Agreement. The Periodic and Final Reports will follow the template provided by the EC and will be submitted by the PC within 60 days after the end of each project period (M18, M36 and M48). The PMO will request scientific and technical information from partners before the end of each period to allow the delivery of the reports in due time. The report will be circulated via email to the GA for approval before submission to the EC. Periodic reports will contain (summarized): • A periodic technical report o Explanation of the work carried out o Overview of progress (deliverables and milestones) o Summary for publication o Plan for the dissemination and exploitation of results o Answers to the questionnaire • A periodic financial report o Financial statement (individual and summary) o Explanation of the use of resources o Financial reports should be accompanied by audit certificates, when appropriate. Periodic reports are submitted through the EC’s web-based participant portal. In addition, a Final report will be submitted to the Commission within 60 days of the end of the project, comprising of: • A final technical report o Summary for publication o Overview of the results and their exploitation and dissemination • A final financial report o Summary financial statement o Certificate of financial statement, if necessary A detailed description of the content that the Periodic and Final Reports must contain is laid out in Article 20 of the Grant Agreement. Breach of these conditions may result in a suspension of the payment deadline or in worst case a termination of the Agreement.