Common use of Verification of payment claims Clause in Contracts

Verification of payment claims. Project Promoters shall submit interim and final financial project reports and annual and final progress reports containing information on project progress and incurred expenditure. The Programme Operator, Programme Partner and SGS operator, where relevant, verifies that the expenditure declared by the Project Promoters has been incurred and complies with the Regulation, the Programme Agreement as well as applicable national and European Union law and that the financial contribution is used exclusively for the purpose of the programme and its projects and according to the Programme Agreement. In line with point i) of Article 5.6.2 of the Regulation incurred expenditure reported shall be subject to administrative verifications before the report is approved. Verifications shall cover administrative, financial, technical and physical aspects of projects, as appropriate and be in accordance with the principle of proportionality. Additionally, in line with point ii) of Article 5.6.2 of the Regulation on-the-spot verifications of projects, which may be carried out on a sample basis, shall be carried out. The procedure for verification will be further detailed in the description of the Programme Operator’s management and control systems.