REPORTING RULES Sample Clauses

REPORTING RULES. The City of Petaluma will comply with reasonable rules set by the Trust Office with regard to reporting and transferring the required contributions set forth above, typically involving providing the Trust Office with the name, social security number and amount paid by each employee. In the event the reporting requirement of the Trust requires reporting beyond that which the City of Petaluma typically provides for other similar purposes (health insurance), the City of Petaluma may require the Association to pay for any reasonable costs related to programming or producing such reports. Prior to engaging in any activity that could result in such an expense, the City of Petaluma will secure the Association's authorization.

REPORTING RULES. According to the EC Reporting Guidelines, every project is requested to provide the European Commission with a periodic Progress Report within 60 days after the end of each reporting period (including the last reporting period), therefore each partner contribution should be provided to the coordinator by 30 days after the end of each reporting period. The periodic report comprises the following financial sections and documents: a. An explanation of the use of the resources (Financial Report) b. A Financial Statement (Form C – Annex VI of the Grant Agreement) from each beneficiary and each third party, if applicable, together with a summary financial report consolidating the claimed Community contribution of all the beneficiaries (and third parties) in an aggregate form, based on the information provided in Form C by each beneficiary. c. Financial statements should be accompanied by certificates (Audit Certificates), when this is appropriate (once each partner cumulative funds reach the value of 325.000 euro or once at the end of the project if cumulate funds reach 50.000 euro) Regarding the intermediate reporting below is described the internal project management decisions regarding report delivery: This section, more in details, explains rules regarding delivery of the financial information to the Coordinator. In order to take into consideration problems encountered by several partners in previous project experiences, the management team has decided to delay also the delivery of the FR as much as possible, considering the time constrain given by EC. It is mandatory, therefore, to send to the Coordinator the FR of each specific reporting period by 30 calendar days after the end of the period. In case some costs are not fully detailed by 30 days after the end of the reporting period, each partner has the opportunity to specify which costs are missing and include them, as Adjustment, in the following FR.