3. pants

Arrangement

by Intermediary for monitoring and receiving reports from

endrecipients

The monitoring unit of the

Intermediary shall be responsible for monitoring and controlling

implementation of the supported sub-projects (regular

communication with end-recipients on relevant issues and

monitoring visits, checking payment requests, progress, technical

and financial reports).

The financial control unit of the

Intermediary shall be responsible for providing consultations on

financial and accounting issues to the programme unit, which is

the secretariat to the SIF Council. The financial control unit

will throughout the life-cycle of sub-projects conduct relevant

double checks (grant contracts, financial reports, and payment

requests) The internal audit unit of the Intermediary shall

perform audits to a number of selected end-recipients during or

after implementation of the sub-projects.

Reports from the end-recipient

shall be prepared according to the format provided in the

contract. The end-recipient shall submit quarterly progress

reports and a final report. The quarterly report shall include

information on progress and payments made. The final report shall

include documentation of activities and payments.