Common use of Document verification, Inspection and Audit, and Storage of Documents Clause in Contracts

Document verification, Inspection and Audit, and Storage of Documents. 1. The Grantee undertakes to submit for verification the documents associated with the expenditures incurred under the Project (hereinafter referred to as the ‘document verification’), inspection and audit with regard to the pending Project at the first request of the Foundation, the entities authorised by the Foundation or other authorised institutions, in particular by SG OP Intermediary Authority or another institution authorised to carry out an inspection or audit under the separate regulations.