Common use of Audit and verification Clause in Contracts

Audit and verification. 3.1. For a period of ten years from the end date for implementation and in any case until any on‐going audit, verification, appeal, litigation or pursuit of claim or investigation by the European Anti‐Fraud Office (▇▇▇▇), has been disposed of, Contractor shall keep and make available all relevant financial information (originals or copies) related to the Contract. 3.2. Contractor agrees that EFI and ▇▇▇▇ may carry out investigations, including on‐the‐spot checks and inspections, for the protection of the financial interests of EFI and the European Union against fraud, corruption and any other illegal activity. 3.3. Contractor agrees that the execution of this Contract may be subject to scrutiny by the European Union Court of Auditors when the Court of Auditors audits the European Commission's implementation of European Union expenditure. In such case shall Contractor provide to the Court of Auditors access to the information that is required for the Court to perform its duties. 3.4. To that end, Contractor undertakes to provide EFI and officials of the European Commission, ▇▇▇▇ and the European Court of Auditors and their authorised agents, upon request, information and access to any documents and computerised data concerning the technical and financial management of operations financed under the Contract (including making copies thereof), as well as grant them access to sites and premises at which such operations are carried out. The documents and computerised data may include information that Contractor considers confidential. Contractor shall take all necessary measures to facilitate these checks. Documents must be accessible and filed in a manner permitting checks, Contractor being bound to inform EFI, the European Commission, ▇▇▇▇ and the European Court of Auditors of the exact location at which they are kept.

Audit and verification. 3.1. For a period of ten years from the end date for implementation and in any case until any on‐going on-going audit, verification, appeal, litigation or pursuit of claim or investigation by the European Anti‐Fraud Anti-Fraud Office (▇▇▇▇), has been disposed of, Contractor shall keep and make available all relevant financial information (originals or copies) related to the Contract. 3.2. Contractor agrees that EFI and ▇▇▇▇ may carry out investigations, including on‐the‐spot on-the-spot checks and inspections, for the protection of the financial interests of EFI and the European Union against fraud, corruption and any other illegal activity. 3.3. Contractor agrees that the execution of this Contract may be subject to scrutiny by the European Union Court of Auditors when the Court of Auditors audits the European Commission's implementation of European Union expenditure. In such case shall Contractor provide to the Court of Auditors access to the information that is required for the Court to perform its duties. 3.4. To that end, Contractor undertakes to provide EFI and officials of the European Commission, ▇▇▇▇ and the European Court of Auditors and their authorised agents, upon request, information and access to any documents and computerised data concerning the technical and financial management of operations financed under the Contract (including making copies thereof), as well as grant them access to sites and premises at which such operations are carried out. The documents and computerised data may include information that Contractor considers confidential. Contractor shall take all necessary measures to facilitate these checks. Documents must be accessible and filed in a manner permitting checks, Contractor being bound to inform EFI, the European Commission, ▇▇▇▇ and the European Court of Auditors of the exact location at which they are kept.