Common use of Verification of payment claims Clause in Contracts

Verification of payment claims. Project promoters shall submit interim and final project reports containing information on project progress and incurred expenditure. The incurred expenditure reported shall be subject to administrative verifications before the report is approved. Verifications to be carried out shall cover administrative, financial, technical and physical aspects of projects, as appropriate and be in accordance with the principle of proportionality. The requirements for proof of expenditures shall be set out in the project contract. On–the-spot verifications of projects, which may be carried out on a sample basis, shall be carried out. The detailed procedure for verification will be further detailed in the description of the Fund Operator’s management and control systems.

Verification of payment claims. Project promoters Promoters shall submit interim and final project reports containing information on project progress and incurred expenditure. The In line with point i) of Article 5.6.2 of the Regulation, incurred expenditure reported shall through the interim or final reports will be subject to administrative verifications before the report is approved. Verifications to be carried out shall cover administrative, financial, technical and physical aspects of projects, as appropriate appropriate, and be in accordance with the principle of proportionality. The requirements for proof Additionally, in line with point ii) of expenditures shall be set out in Article 5.6.2 of the project contract. On–Regulation, on-the-spot verifications of projects, which may be carried out on a sample basis, shall be carried outout by the Programme Operator. The detailed procedure for verification of expenditure will be further detailed in the description of the Fund Programme Operator’s management and control systems.

Verification of payment claims. Project promoters Promoters shall submit interim and final project reports containing with information on project progress and incurred expenditure. The incurred Incurred expenditure reported shall be subject to administrative verifications before the report is approved, in line with point i) of Article 5.6.2 of the Regulation. Verifications to be carried out by the Programme Operator shall cover administrative, financial, technical and physical aspects of projects, as appropriate appropriate, and be in accordance with the principle of proportionality. The requirements for proof of expenditures shall be set out in the project contract. On–-the-spot verifications of projectsprojects shall be carried out, which in line with point ii) of Article 5.6.2 of the Regulation. This may be carried out done on a sample basis, shall be carried out. The detailed procedure procedures for verification will shall be further detailed in the description of the Fund Programme Operator’s management and control systems.