Use of Resources. All expenses incurred by the Partner shall be consistent with its not for-profit nature, in line with applicable standards and in compliance with principles of sound financial and risk management. The Partner shall utilize resources made available by UNESCO solely towards the cost of implementing the Project, Programme or activity in accordance with this Agreement. Eligible Costs shall constitute expenditures for implementing activities as described in the work plan, together with the associated budget and within the Implementation Period specified in Article IV. Expenses charged against this Agreement must be for actual costs incurred for authorized activities that are adequately evidenced with original documentation and can be confirmed through verification and audit. The Partner shall not charge the same expenditure of any activity to any other projects/funds provided by UNESCO and/or other donors.
Appears in 3 contracts
Sources: Implementation Partners Agreement, Implementation Partners Agreement, Implementation Partners Agreement