Common use of Verification of payment claims Clause in Contracts

Verification of payment claims. Project Promoters shall submit annual and final reports containing information on payment request and incurred expenditure. The Programme Operator will control the eligibility of expenditure under payment claim verification procedures following chapter 8 of the Regulation and Guideline for Research Programmes. The Programme Operator's verification of payment claims comprises administrative verifications (desk checks) and on the spot verifications. As part of payment claim verification, the Programme Operator shall carry out on-the-spot checks to account for reported incurred expenditure in Projects. During the on the spot verifications proof of expenditure shall be verified. The procedure for verification of proof of expenditure in SGS shall be based on sampling methods. The detailed procedure for verification of payment claims, periodicity of reporting periods, and deadlines for reporting will further be detailed in the description of the Programme Operator's management and control systems. Requirements for the submission of proof of expenditure contained in the Regulation and the Guideline for Research Programmes shall be complied with. Where proof of expenditure is required, this shall be submitted with the final project report referred to in Article 10.3. (Guideline for Research Programmes). Proof of expenditure shall not be submitted by a Project Promoter or a project partner in research projects, where the total grant from the programme to the respective Project Promoter or project partner is less than €325,000. In line with Guideline for Research Programmes, a certificate by an independent auditor qualified to carry out statutory audits of accounting documents, certifying that the claimed costs are incurred in accordance with this guideline, the Regulation, the national law and relevant national accounting practices, shall be accepted as sufficient proof of expenditure incurred. A certificate issued by a competent and independent public officer recognised by the relevant national authorities as having a budget and financial control capacity over the entity incurring the costs and who has not been involved in the preparation of the financial statements, certifying that the claimed costs are incurred in accordance with this guideline, this Regulation, the relevant law and national accounting practices, shall also be accepted as sufficient proof of expenditure incurred. Requirements for the submission of proof of expenditure shall be set in the project contract and the partnership agreement. The interim financial reports of the Programme Operator are verified and approved by the Certifying Authority

Verification of payment claims. Project Promoters shall submit annual and final reports containing information on payment request and incurred expenditure. The Programme Operator will control the eligibility of expenditure under payment claim verification procedures following chapter 8 of the Regulation and Guideline for Research ProgrammesPrognmmes. The Programme programme Operator's verification of payment claims comprises administrative verifications (desk checks) and on the spot verifications. As part of payment claim verification, the Programme Operator shall carry out on-the-spot checks to account for reported incurred expenditure in Projects. During the on the spot verifications proof of expenditure shall be verified. The procedure for verification of proof of expenditure in SGS shall be based on sampling methods. The detailed procedure for verification of payment pa).rnent claims, periodicity of reporting periods, and deadlines for reporting will further be detailed in the description of the Programme Operator's management and control systems. Requirements for the submission of proof of expenditure contained in the Regulation and the Guideline for Research Programmes shall be complied with. Where proof of expenditure is required, this shall be submitted with the final project report referred to in Article 10.3. (Guideline for Research Programmes). Proof of expenditure shall not be submitted by a Project Promoter or a project partner in research projects, where the total grant from the programme to the respective Project Promoter or project partner is less than €325,000. In ln line with Guideline for Research Programmes, a certificate by an independent auditor qualified to carry out statutory audits of accounting documents, certifying that the claimed costs are incurred in accordance with this guideline, the Regulation, the national law and relevant national accounting practices, shall be accepted as sufficient proof of expenditure incurred. A certificate issued by a competent and independent public officer recognised by the relevant national authorities as having a budget and financial control capacity over the entity incurring the costs cosis and who has not been involved in the preparation of the financial statements, certifying certirying that the claimed costs are incurred in accordance with this guideline, this Regulation, the relevant law and national accounting practices, shall also be accepted as sufficient proof of expenditure incurred. Requirements for the submission of proof of expenditure shall be set in the project contract and the partnership agreement. The interim financial reports of the Programme Operator are verified and approved by the Certifying Authority

Verification of payment claims. Project Promoters shall submit annual and final reports containing information on payment request and incurred expenditure. The Programme Operator will control the eligibility of incurred expenditure under payment claim verification procedures following chapter 8 of the Regulation and Guideline for Research Programmes. The Programme Operator's ’s verification of payment claims incurred expenditure comprises administrative verifications (desk checks) and on the spot verifications. As part of payment claim verification, the Programme Operator shall carry out on-the-spot checks to account for reported incurred expenditure in Projects. During the on the spot verifications proof of expenditure shall be verified. The procedure for verification of proof of expenditure in SGS shall be based on sampling methods. The detailed procedure for verification of payment claimsincurred expenditure, periodicity of reporting periods, and deadlines for reporting will further be detailed in the description of the Programme Operator's ’s management and control systems. Requirements for the submission of proof of expenditure contained in the Regulation and the Guideline for Research Programmes shall be complied with. Where proof of expenditure is required, this shall be submitted with the final project report referred to in Article 10.3. (Guideline for Research Programmes). Proof of expenditure shall not be submitted by a Project Promoter or a project partner in research projects, where the total grant from the programme to the respective Project Promoter or project partner is less than €325,000. In line with Guideline for Research Programmes, a certificate by an independent auditor qualified to carry out statutory audits of accounting documents, certifying that the claimed costs are incurred in accordance with this guidelinethe Guideline, the Regulation, the national law and relevant national accounting practices, shall be accepted as sufficient proof of expenditure incurred. A certificate issued by a competent and independent public officer recognised by the relevant national authorities as having a budget and financial control capacity over the entity incurring the costs and who has not been involved in the preparation of the financial statements, certifying that the claimed costs are incurred in accordance with this guidelinethe Guideline, this Regulation, the relevant law and national accounting practices, shall also be accepted as sufficient proof of expenditure incurred. Requirements for the submission of proof of expenditure shall be set in the project contract and the partnership agreement, where relevant. The interim financial reports of the Programme Operator are verified and approved by the Certifying Authority.