Common use of Further pre-financing payments Clause in Contracts

Further pre-financing payments. Where pre-financing is divided into several instalments, the beneficiary may request a further pre-financing payment once he has used up the percentage of the previous payment specified in the provisions of Article I.4 on further pre-financing. The request shall be accompanied by the following documents: - a detailed statement of the eligible costs actually incurred; - where required by the above-mentioned provisions of Article I.4, a financial guarantee in accordance with paragraph 1; - where required by the above-mentioned provisions of Article I.4, a certificate on the beneficiary's financial statements and underlying accounts, produced by an approved auditor or in case of public bodies, by a competent and independent public officer. The purpose of the audit is to certify that the financial documents submitted to the Commission by the beneficiary comply with the financial provisions of the agreement, that the costs declared are the actual costs, and that all receipts have been declared. - any other documents in support of his request that may be required by the Special Conditions in support of the request for further pre-financing payments. The documents accompanying the request for payment shall be drawn up in accordance with the relevant provisions in Article I.5 and the annexes.

Appears in 2 contracts

Samples: Operating Grant Agreement, Operating Grant Agreement

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Further pre-financing payments. Where pre-financing is divided into several instalments, the beneficiary may request a further pre-financing payment once he has used up the percentage of the previous payment specified in the provisions of Article I.4 on further pre-financing. The request shall be accompanied by the following documents: - a detailed statement of the eligible costs actually incurred; - where required by the above-mentioned provisions of Article I.4, a financial guarantee in accordance with paragraph 1; - where required by the above-mentioned provisions of Article I.4, a certificate on the beneficiary's financial statements and underlying accounts, produced by an approved auditor or or, in case of public bodies, by a competent and independent public officer. The purpose of the audit is to certify that the financial documents submitted to the Commission by the beneficiary comply with the financial provisions of the agreement, that the costs declared are the actual costs, and that all receipts have been declared. - any other documents in support of his request that may be required by the Special Conditions in support of the request for further pre-financing payments. The documents accompanying the request for payment shall be drawn up in accordance with the relevant provisions in Article I.5 and the annexes.

Appears in 1 contract

Samples: Operating Grant Agreement

Further pre-financing payments. Where pre-financing is divided into several instalments, the beneficiary may request a further pre-financing payment once he has used up the percentage of the previous payment specified in the provisions of Article I.4 on further pre-financing. The request shall be accompanied by the following documents: - a detailed statement of the eligible costs actually incurred; - where required by the above-mentioned provisions of Article I.4, a financial guarantee in accordance with paragraph 1; - where required by the above-mentioned provisions of Article I.4, a certificate an external audit report on the beneficiary's financial statements and underlying accounts, produced . The external audit shall be carried out by an approved auditor independent body or in case expert officially authorised to carry out audits of public bodies, by a competent and independent public officeraccounts. The purpose of the audit is to certify that the financial documents submitted to the Commission by the beneficiary comply with the financial provisions of the agreement, that the costs declared are the actual costs, and that all receipts have been declared. - any other documents in support of his request that may be required by the Special Conditions in support of the request for further pre-financing payments. The documents accompanying the request for payment shall be drawn up in accordance with the relevant provisions in Article I.5 and the annexes.

Appears in 1 contract

Samples: Operating Grant Agreement

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Further pre-financing payments. Where pre-financing is divided into several instalments, the beneficiary co-ordinator may request a further pre-financing payment once he has used up the percentage of the previous payment specified in the provisions of Article I.4 I.5 on further pre-financingfinancing has been used up. The request shall be accompanied by the following documents: - a detailed statement of the eligible costs actually incurred; - where required by the above-mentioned provisions of Article I.4I.5, a financial guarantee in accordance with paragraph 1; - where required by the above-mentioned provisions of Article I.4I.5, a certificate an external audit report on the beneficiaryaction's financial statements and underlying accounts, produced by an approved auditor or in case of public bodies, by a competent and independent public officer. The purpose ; - an updated report on the distribution of the audit is to certify that European Union financial contribution between the financial documents submitted to the Commission by the beneficiary comply with the financial provisions beneficiaries, including dates of the agreement, that the costs declared are the actual costs, and that all receipts have been declared. transfer; - any other documents in support of his his/her request that may be required by the Special Conditions in support of the request for further pre-financing payments. The documents accompanying the request for payment shall be drawn up in accordance with the relevant provisions in Article I.5 I.6 and the annexes.

Appears in 1 contract

Samples: Grant Agreement

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