Final reports
In this section:
The reports shall cover the Action as a whole, regardless of which part of it is financed by the Contracting Authority. Each report must provide a full account of all aspects of the Action's implementation for the period covered. In case where no expenditure verification report is required, the Beneficiary has to provide a list detailing each item of expenditure incurred in the period covered by the report, and indicating for each its title, amount, relevant heading in the Budget of the Action and the reference of the justifying document annexed to it. The proofs of the transfers of ownership (see Art. 7.3 of the General Conditions) must also be annexed to the final report.
The reports shall be drafted in the language of the Contract. The final report shall be submitted to the Contracting Authority no later than three months after the end of the implementation period as defined in Article 2 of the Special Conditions. The deadline for submission of the final report is extended to six months where the Beneficiary does not have its headquarters in the country where the Action is implemented.
If the Beneficiary fails to supply the Contracting Authority with a final report by the final report deadline and fails to furnish an acceptable and sufficient written explanation of the reasons why it is unable to comply with this obligation, the Contracting Authority may terminate the Contract and recover the amounts already paid and not substantiated.
The Contracting Authority may request additional information at any time and that information must be supplied within 30 days of the request.
Any additional reporting requirement will be set out in the Special Conditions.
Sources and useful links:
- General Conditions, Art. 2