Common use of Interim payment Clause in Contracts

Interim payment. Any request for interim payment shall be accompanied by the interim technical implementation report and financial statement, including a consolidated statement and a breakdown between each beneficiary, specified in Article II.15.3[ and by [a certificate by an approved auditor] [or, in case of public bodies, a certificate produced by a competent and independent public officer] on the action's financial statements and underlying accounts]. The Commission shall have 45 days to approve or reject the Technical implementation report or to request additional supporting documents or information under the procedure laid down in Article II.15.3. In that case, the co-ordinator shall have 20 days to submit the additional information or a new report.

Interim payment. Any request for interim payment shall be accompanied by the interim technical implementation report and financial statement, including a consolidated statement and a breakdown between each beneficiary, specified in Article II.15.3[ II.15.3 and by [a certificate by an approved auditor] [or, in case of public bodies, a certificate produced by a competent and independent public officer] external audit report on the action's financial statements and underlying ’s accounts]. The Commission shall have 45 days to approve or reject the Technical implementation report or to request additional supporting documents or information under the procedure laid down in Article II.15.3. In that case, the co-ordinator beneficiary shall have 20 days to submit the additional information or a new report.

Interim payment. Any request for interim payment shall be accompanied by the interim technical implementation report and financial statement, including a consolidated statement and a breakdown between each beneficiary, specified in Article II.15.3[ II.15.3 and by [a certificate by an approved auditor] [or, in case of public bodies, a certificate produced by a competent and independent public officer] external audit report on the action's financial statements and underlying ’s accounts]. A beneficiary requesting an interim payment not exceeding EUR 50.000 does not need to submit an audit report. The Commission shall have 45 days to approve or reject the Technical implementation report or to request additional supporting documents or information under the procedure laid down in Article II.15.3. In that case, the co-ordinator shall have 20 days to submit the additional information or a new report.