What are the consequences for an initial deployment project if a milestone is achieved at a reduced cost or before the time foreseen in the grant agreement?
If the work was completed at a reduced cost then payment of the pre-financing instalment may not be made unless at least 70% of the pre-financing payment has been used up. This can delay the payment of the costs to when the limit is achieved or to the completion of the next milestone. If the milestone is reached ahead of time the review should be brought forward to permit work to start on the next milestone. In all such cases the coordinator must discuss an amendment to the grant agreement with the project officer. Q: Can the statutory auditor of my organisation provide an audit certificate. A:Yes – provided the auditor complies with both being independent and being qualified to carry out statutory audits (see Art. II. 4.2.(b)). The auditor that provides the audit certificate may under no circumstance have been in the submission of the cost claim.
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