Common use of Control and Audit Clause in Contracts

Control and Audit. Bpifrance may at any time initiate audits of the Project, subject to informing the Leader and the Beneficiaries in question, within a period of [**] days before the planned date for the audit. The cost of these audits will be borne by Bpifrance. These audits are conducted by an auditor or independent expert appointed by Bpifrance. In this case, the Beneficiar(y/ies) concerned as well as the Leader are informed of the choice of the appointed auditor. In the event of conflict of interest between the Beneficiar(y/ies) concerned and the auditor, the Beneficiaries in question may request the appointment of another auditor. The Leader and/or Beneficiaries will make available, on first request by Bpifrance, any document relevant to the audit, where relevant under confidential cover, as stipulated in Article 2.11, or give access to same for consultation by Bpifrance or by the appointed auditor. If the results of the audit show a distortion between the statements of progress of the Project, in support of which payment of the Funding is made, or the reality of the products and services placed on the market or between reported and actual sales, Bpifrance will be able to apply the measures described in sections 2.12 and 2.13.