Common use of CONTROLS AND AUDITS Clause in Contracts

CONTROLS AND AUDITS. 13.1. The ▇▇▇▇▇ ▇▇▇▇▇▇ is aware that the COST Association can perform a continuous monitoring of the nature, justifications, and levels of expenditure of the COST Action. Therefore, the ▇▇▇▇▇ ▇▇▇▇▇▇ must keep e-COST up to date to enable the COST Association and its external auditors when appropriate, to perform verification of the use of the Grant awarded through this Agreement. 13.2. The ▇▇▇▇▇ ▇▇▇▇▇▇ is aware that the European Commission (EC), the European Public Prosecutor’s Office (EPPO), the European Court of Auditors (ECA) and the European Anti-Fraud Office (▇▇▇▇) can exercise their rights under the FPA and SGAs to carry out checks and audits as appropriate and for a period of up to two (2) years after the payment by the European Commission to the COST Association of the balance due under the applicable SGA. 13.3. Findings in checks, reviews, audits, or investigations carried out in the context of this grant may lead to measures described in Article 18.

Appears in 4 contracts

Sources: Cost Action Grant Agreement, Cost Action Grant Agreement, Grant Agreement

CONTROLS AND AUDITS. 13.1. The ▇▇▇▇▇ ▇▇▇▇▇▇ is aware that the COST Association can perform a continuous monitoring of the nature, justifications, and levels of expenditure of the COST Action. Therefore, the ▇▇▇▇▇ ▇▇▇▇▇▇ must keep e-COST up to date to enable the COST Association and its external auditors when appropriate, to perform verification of the use of the Grant awarded through this Agreement. 13.2. The ▇▇▇▇▇ ▇▇▇▇▇▇ is aware that the European Commission (EC), the European Public Prosecutor’s Office (EPPO), the European Court of Auditors (ECA) and the European Anti-Fraud Office (▇▇▇▇) can exercise their rights under the FPA and SGAs to carry out checks and audits as appropriate and for a period of up to two (2) years after the payment by the European Commission to the COST Association of the balance due under the applicable SGA. 13.3. Findings in checks, reviews, audits, or investigations carried out in the context of this grant may lead to measures described in Article 18.

Appears in 1 contract

Sources: Cost Action Grant Agreement

CONTROLS AND AUDITS. 13.1. The ▇▇▇▇▇ ▇▇▇▇▇▇ is aware that the COST Association can perform a continuous monitoring of the nature, justifications, and levels of expenditure of the COST Action. Therefore, the ▇▇▇▇▇ ▇▇▇▇▇▇ must keep e-COST up to date to enable the COST Association and its external auditors when appropriate, to perform verification of the use of the Grant awarded through this Agreement. 13.2. The ▇▇▇▇▇ ▇▇▇▇▇▇ is aware that the European Commission (EC), the European Public Prosecutor’s Office (EPPO), the European Court of Auditors (ECA) and the European Anti-Fraud Office (▇▇▇▇OLAF) can exercise their rights under the FPA and SGAs to carry out checks and audits as appropriate and for a period of up to two (2) years after the payment by the European Commission to the COST Association of the balance due under the applicable SGA. 13.3. Findings in checks, reviews, audits, or investigations carried out in the context of this grant may lead to measures described in Article 18.

Appears in 1 contract

Sources: Grant Agreement