{"id":6283,"date":"2019-09-09T22:02:02","date_gmt":"2019-09-09T19:02:02","guid":{"rendered":"http:\/\/www.research.org.cy\/?page_id=6283"},"modified":"2021-05-06T11:11:51","modified_gmt":"2021-05-06T08:11:51","slug":"project-monitoring","status":"publish","type":"page","link":"https:\/\/www.research.org.cy\/en\/rifs-ri-programmes\/project-monitoring\/","title":{"rendered":"PROJECT MONITORING"},"content":{"rendered":"<div id='layer_slider_1'  class='avia-layerslider main_color avia-shadow  avia-builder-el-0  el_before_av_section  avia-builder-el-first  container_wrap sidebar_right'  style='height: 401px; max-width: 1280px; margin: 0 auto;'  ><\/div>\n<div id='plaisio'  class='avia-section av-kaz0cowg-70930798cea6f7f3363247016e9e6773 main_color avia-section-default avia-no-border-styling  avia-builder-el-1  el_after_av_layerslider  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-6283'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-3situz-f45e322c3b71acd826c1c6e2185b1d22\">\n#top .av-special-heading.av-3situz-f45e322c3b71acd826c1c6e2185b1d22{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-3situz-f45e322c3b71acd826c1c6e2185b1d22 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-3situz-f45e322c3b71acd826c1c6e2185b1d22 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-3situz-f45e322c3b71acd826c1c6e2185b1d22 av-special-heading-h5 blockquote modern-quote  avia-builder-el-2  el_before_av_heading  avia-builder-el-first  av-linked-heading'><h5 class='av-special-heading-tag '  itemprop=\"headline\"  >Project Monitoring<\/h5><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2btbob-d3d51171653eddf2609729bbf5b7b6db\">\n#top .av-special-heading.av-2btbob-d3d51171653eddf2609729bbf5b7b6db{\npadding-bottom:15px;\n}\nbody .av-special-heading.av-2btbob-d3d51171653eddf2609729bbf5b7b6db .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-2btbob-d3d51171653eddf2609729bbf5b7b6db .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-2btbob-d3d51171653eddf2609729bbf5b7b6db av-special-heading-h6 blockquote modern-quote  avia-builder-el-3  el_after_av_heading  el_before_av_one_half  av-linked-heading'><h6 class='av-special-heading-tag '  itemprop=\"headline\"  >Basic Principles<\/h6><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-6l34h0-25ee6c7109742f42b72668da0700a0ad\">\n.flex_column.av-6l34h0-25ee6c7109742f42b72668da0700a0ad{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-6l34h0-25ee6c7109742f42b72668da0700a0ad av_one_half  avia-builder-el-4  el_after_av_heading  el_before_av_one_half  first flex_column_div av-zero-column-padding  '     ><section  class='av_textblock_section av-kawjq9sd-486ad7c9ceb8e9097adec4762dcdff00 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><p>Project management shall be conducted in accordance with the Project Contract provisions. The RIF shall be entitled to act in a manner that shall ensure the smooth implementation of the projects it funds, by means of effective audits and, if any irregularities are found, it shall enforce sanctions.<\/p>\n<p>The Host Organisation (HO) shall be responsible for the proper implementation of the project\u2019s total Budget. Furthermore, the HO shall provide guidance to other Consortium members, as to the project management regulations and procedures.<\/p>\n<\/div><\/section><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-3pgmms-2fd75fd16e0ac86f8b147a2a5d0ce224\">\n.flex_column.av-3pgmms-2fd75fd16e0ac86f8b147a2a5d0ce224{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-3pgmms-2fd75fd16e0ac86f8b147a2a5d0ce224 av_one_half  avia-builder-el-6  el_after_av_one_half  avia-builder-el-last  flex_column_div av-zero-column-padding  '     ><section  class='av_textblock_section av-kawjq9sd-486ad7c9ceb8e9097adec4762dcdff00 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><p>Each Consortium member shall be responsible for the proper management of the funding aid it shall receive and the implementation of the costs pertaining to it in the context of the project implementation. If the HO finds that a Consortium member fails to meet its obligations relating to project implementation and budget management, then it must take the appropriate measures and update the RIF immediately.<\/p>\n<p>For RIF\u2019s webinar on general framework of management rules click <a href=\"https:\/\/www.youtube.com\/watch?v=Rcju7W6-iKU\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<\/div><\/section><\/div>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kaz0ca69-28615ea6ce6efc2c53d1522699ab3e1a\">\n.avia-section.av-kaz0ca69-28615ea6ce6efc2c53d1522699ab3e1a{\nmargin-top:-55px;\n}\n<\/style>\n<div id='parakolouthisi'  class='avia-section av-kaz0ca69-28615ea6ce6efc2c53d1522699ab3e1a main_color avia-section-default avia-no-border-styling  avia-builder-el-8  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-6283'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kaz0wggi-e36f24d3eb9701bc7104fc92de57d988\">\n#top .av-special-heading.av-kaz0wggi-e36f24d3eb9701bc7104fc92de57d988{\npadding-bottom:15px;\n}\nbody .av-special-heading.av-kaz0wggi-e36f24d3eb9701bc7104fc92de57d988 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-kaz0wggi-e36f24d3eb9701bc7104fc92de57d988 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-kaz0wggi-e36f24d3eb9701bc7104fc92de57d988 av-special-heading-h6 blockquote modern-quote  avia-builder-el-9  el_before_av_textblock  avia-builder-el-first  av-linked-heading'><h6 class='av-special-heading-tag '  itemprop=\"headline\"  >Project Monitoring <\/h6><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n<section  class='av_textblock_section av-kawjq9sd-486ad7c9ceb8e9097adec4762dcdff00 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><p>The Project Monitoring procedure pertains to the implementation of measures to facilitate the research activity and at the same time, to ensure the qualitative implementation of the Projects through effective tools and procedures.<\/p>\n<p>The progress and results of the projects are monitored and evaluated by the RIF through the submission of progress reports, the application of a scientific evaluation procedure for the progress of projects and the conduct of on-the spot visits at the areas where the research is carried out.<\/p>\n<p>Selection of the tools and procedures applied with the aim of the optimal monitoring of the projects is performed according to the Maximum Funding Amount (the maximum funding a project can receive) as defined in the Programme description and\/or the corresponding Work Programme. Projects are categorised in three levels as follows:<\/p>\n<ul>\n<li>Large Project: Maximum funding amount exceeding Euro 500,000<\/li>\n<li>Medium-sized Project: Maximum funding amount between Euro 120,000-500,000<\/li>\n<li>Small Project: Maximum funding amount lower than Euro 120,000<\/li>\n<\/ul>\n<\/div><\/section>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2it4po-78d77dfd51e1b1835973df4c9ba2a56c\">\n#top .flex_column.av-2it4po-78d77dfd51e1b1835973df4c9ba2a56c{\nmargin-top:0px;\nmargin-bottom:0px;\n}\n.flex_column.av-2it4po-78d77dfd51e1b1835973df4c9ba2a56c{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n.responsive #top #wrap_all .flex_column.av-2it4po-78d77dfd51e1b1835973df4c9ba2a56c{\nmargin-top:0px;\nmargin-bottom:0px;\n}\n<\/style>\n<div  class='flex_column av-2it4po-78d77dfd51e1b1835973df4c9ba2a56c av_one_full  avia-builder-el-11  el_after_av_textblock  avia-builder-el-last  first flex_column_div av-zero-column-padding  column-top-margin'     ><div  class='togglecontainer av-jz9m2ssy-c35ee598d3986f718d6b63b6b35a8e15  avia-builder-el-12  avia-builder-el-no-sibling  toggle_close_all' >\n<section class='av_toggle_section av-5foo8r-a7feb354f6d042c05e312e3df0c1ccc0'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p id='toggle-toggle-id-1' data-fake-id='#toggle-id-1' class='toggler  av-title-above '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-1' data-slide-speed=\"200\" data-title=\"Progress Reports \" data-title-open=\"\" data-aria_collapsed=\"Click to expand: Progress Reports \" data-aria_expanded=\"Click to collapse: Progress Reports \">Progress Reports <span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-1' aria-labelledby='toggle-toggle-id-1' role='region' class='toggle_wrap  av-title-above'  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The Host Organisation is responsible for the submission of progress reports to the RIF via the Project Coordinator. The progress reports are filled in on standard forms provided by the RIF in electronic form and are submitted to the RIF within a predetermined time frame. The progress reports pertain to the implementation of the work as defined in the Contract.<\/p>\n<p>The types of reports, depending on their content are the following:<\/p>\n<ul>\n<li>Interim Progress Report: Includes a brief description of the work implemented during the first half of the project and the completed Deliverables of the project.<\/li>\n<li>Final Progress Report: It includes the description of the work carried out during the entire project implementation period as well as other information required in the provided forms. The project Deliverables are also attached.<\/li>\n<li>Payment Request: It includes expenditures pertaining to the time period of project implementation for which the report is being submitted and for which the disbursement of part of the funding is required, or specific expenditures (irrespective of the project implementation time period) for which the disbursement of an instalment is required (e.g. equipment).<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-44ia9n-669d85ce68087b6edb7c95ff7f47ecf7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p id='toggle-toggle-id-2' data-fake-id='#toggle-id-2' class='toggler  av-title-above '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-2' data-slide-speed=\"200\" data-title=\"Scientific Verifications\" data-title-open=\"\" data-aria_collapsed=\"Click to expand: Scientific Verifications\" data-aria_expanded=\"Click to collapse: Scientific Verifications\">Scientific Verifications<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-2' aria-labelledby='toggle-toggle-id-2' role='region' class='toggle_wrap  av-title-above'  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>The RIF conducts at least one monitoring visit for each funded project in order to be informed in person by the PC and the project team on the implementation and progress of the project activities, to check the equipment purchased (where applicable), to ascertain the implementation of the different tasks and the active involvement of the project team members and the organisations, and in general to ascertain the qualitative and problem-free project implementation. Furthermore, the monitoring visit enables the project team to get clarifications and advice from the RIF in matters of project management.<\/p>\n<p>The monitoring visit is conducted by the RIF Project Officer and\/or other RIF executives or by specialized experts selected by the RIF for this purpose. As a rule, the visit is carried out as follows:<\/p>\n<ul>\n<li>Medium-sized and Large Projects: Upon completion of half the project implementation duration and, as a rule, after the submission of the Interim Progress Report.<\/li>\n<li>Small Projects: Upon completion of the project implementation duration and after the submission of the Final Progress Report.<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/section>\n<section class='av_toggle_section av-8tkbf-a4aebbe1fc841a9692a4a2f2a5108da8'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p id='toggle-toggle-id-3' data-fake-id='#toggle-id-3' class='toggler  av-title-above '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-3' data-slide-speed=\"200\" data-title=\"Project Evaluation by Independent Experts \" data-title-open=\"\" data-aria_collapsed=\"Click to expand: Project Evaluation by Independent Experts \" data-aria_expanded=\"Click to collapse: Project Evaluation by Independent Experts \">Project Evaluation by Independent Experts <span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-3' aria-labelledby='toggle-toggle-id-3' role='region' class='toggle_wrap  av-title-above'  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>Project Evaluation by Independent Experts aims to showcase the valuable results that derive from the funded projects, as well as finding and dealing with cases where public funding does not end up to the results sought. Furthermore, the Evaluation Procedure contributes to the assessment of the RIF Programmes and to the improvement of the Foundation\u2019s processes.<\/p>\n<p>The Project Evaluation by Independent Experts is a systematic way of evaluation by specialized experts of the research projects funded by the Research and Innovation Foundation and may cover scientific, technological and other aspects related to the proper implementation of funded projects and the compliance of the activities carried out with the targets of the Call for Proposals and the Contract terms.<\/p>\n<\/div><\/div><\/div><\/section>\n<\/div><\/div>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-jzy6amkz-c864e4d13a8d2049dac2a1077175bf7d\">\n.avia-section.av-jzy6amkz-c864e4d13a8d2049dac2a1077175bf7d{\nbackground-color:#f5f5f5;\nbackground-image:unset;\n}\n<\/style>\n<div id='oikonomiki_diahirisi'  class='avia-section av-jzy6amkz-c864e4d13a8d2049dac2a1077175bf7d main_color avia-section-default avia-no-border-styling  avia-builder-el-13  el_after_av_section  avia-builder-el-last  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-6283'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kaz0yedc-50e1e1c4304d9cee8cb92d9334a22f76\">\n#top .av-special-heading.av-kaz0yedc-50e1e1c4304d9cee8cb92d9334a22f76{\npadding-bottom:15px;\n}\nbody .av-special-heading.av-kaz0yedc-50e1e1c4304d9cee8cb92d9334a22f76 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-kaz0yedc-50e1e1c4304d9cee8cb92d9334a22f76 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-kaz0yedc-50e1e1c4304d9cee8cb92d9334a22f76 av-special-heading-h6 blockquote modern-quote  avia-builder-el-14  el_before_av_one_full  avia-builder-el-first  av-linked-heading'><h6 class='av-special-heading-tag '  itemprop=\"headline\"  >Project Financial Management<\/h6><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4n5z6s-ceef235077b7317f222a15dba0e5288d\">\n.flex_column.av-4n5z6s-ceef235077b7317f222a15dba0e5288d{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-4n5z6s-ceef235077b7317f222a15dba0e5288d av_one_full  avia-builder-el-15  el_after_av_heading  el_before_av_one_full  first flex_column_div av-zero-column-padding  '     ><section  class='av_textblock_section av-kawjq9sd-94783b8458c638b279e0723e4fdad95e '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><h3><strong>Cost Categories<\/strong><\/h3>\n<p>The cost categories for research and development are classified into direct and indirect costs.<\/p>\n<p>Direct costs include Personnel Cost, Instruments and Equipment Costs, Costs for External Services, Costs for Foreign Research Organisations, Costs for Travelling Abroad, Consumables and Other Specific Costs, whereas, Indirect Costs consist of Overheads.<\/p>\n<\/div><\/section><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-208fyj-5d2233668af3fed300d6fde8d7bdd45a\">\n.flex_column.av-208fyj-5d2233668af3fed300d6fde8d7bdd45a{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-208fyj-5d2233668af3fed300d6fde8d7bdd45a av_one_full  avia-builder-el-17  el_after_av_one_full  el_before_av_one_full  first flex_column_div av-zero-column-padding  column-top-margin'     ><div  class='togglecontainer av-kocm0q7w-c061190b2a1793ed1ef761cdbfdaa843  avia-builder-el-18  avia-builder-el-no-sibling  toggle_close_all' >\n<section class='av_toggle_section av-kocm0pqr-0ebf5a8567c1054c72d3eb397ce5e368'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p id='toggle-toggle-id-4' data-fake-id='#toggle-id-4' class='toggler  av-title-above '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='toggle-id-4' data-slide-speed=\"200\" data-title=\"CIRCULAR Budget Revision Between Different Activities Eligible for Aid in Projects Funded in the Frame of the RESTART 2016-2020 Programmes\" data-title-open=\"\" data-aria_collapsed=\"Click to expand: CIRCULAR Budget Revision Between Different Activities Eligible for Aid in Projects Funded in the Frame of the RESTART 2016-2020 Programmes\" data-aria_expanded=\"Click to collapse: CIRCULAR Budget Revision Between Different Activities Eligible for Aid in Projects Funded in the Frame of the RESTART 2016-2020 Programmes\">CIRCULAR Budget Revision Between Different Activities Eligible for Aid in Projects Funded in the Frame of the RESTART 2016-2020 Programmes<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='toggle-id-4' aria-labelledby='toggle-toggle-id-4' role='region' class='toggle_wrap  av-title-above'  ><div class='toggle_content invers-color '  itemprop=\"text\" ><p>With the present Circular, the Research and Innovation Foundation (RIF), wishes to inform Project Coordinators (PCs) and Legal Representatives about the management of funded Projects which include more than one Activities Eligible for Aid. As such, the Circular refers only to the Entrepreneurial Innovation Programmes (PRE-SEED, SEED, INNOVATE).<\/p>\n<p>As far as budget revisions of funded Projects are concerned, the RIF wishes to clarify the following:<\/p>\n<ul>\n<li>The PC is entitled to proceed to budget revisions without prior approval from the RIF, as described in Chapter 3.1 \u2013 Section III of the RESTART 2016-2020 Work Programme Document,\u00a0<strong>only in the case when the revisions fall within the same Activity Eligible for Aid<\/strong>.<\/li>\n<li>For budget\u00a0<strong>Transfers between different Activities Eligible for Aid<\/strong>\u00a0(in the Entrepreneurial Innovation Programmes), the PC should submit a relevant\u00a0<strong>request\u00a0<\/strong>and obtain approval from the RIF.<\/li>\n<\/ul>\n<p>For budget transfers between different Activities Eligible for Aid, the RIF wishes to clarify the following:<\/p>\n<ul>\n<li>The Final Aid Intensity of each organisation, which is defined as the rate of the Requested Funding in relation to each organisation\u2019s Budget,\u00a0<strong>should not exceed the Final Aid Intensity defined in the Project Contract<\/strong>, and the Final Funding by the RIF (for the Project) may not exceed the Requested Funding defined in the Contract.<\/li>\n<li><strong>Individual Aid Intensities for each Category of Activities Eligible for Aid<\/strong>, should\u00a0<strong>not exceed the respective Maximum Aid Intensity for each category<\/strong>, as defined in the RESTART 2016-2020 Work Programme Document.<\/li>\n<\/ul>\n<p>Research and Innovation Foundation, May 2021<\/p>\n<\/div><\/div><\/div><\/section>\n<\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-3snbwb-2304428282e9ca6064e2478f9e619a83\">\n.flex_column.av-3snbwb-2304428282e9ca6064e2478f9e619a83{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-3snbwb-2304428282e9ca6064e2478f9e619a83 av_one_full  avia-builder-el-19  el_after_av_one_full  avia-builder-el-last  first flex_column_div av-zero-column-padding  column-top-margin'     ><section  class='av_textblock_section av-23qopn-c8e9636f54ad57e10e549430f03a1ff2 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><h3><strong>Detailed Ledger <\/strong><\/h3>\n<p>All members of the Consortium are obligated to post transactions in the project account in the organisation\u2019s accounting system, which must be adequately codified for the purpose of identifying and grouping expenditures pertaining to the specific project.<\/p>\n<p>All expenditure made in the context of the project must be supported with invoices, payment receipts or other documents issued for the Consortium member they refer to.<\/p>\n<p>In any case, the direct matching of the conduct of transaction stages must be ensured from beginning to end, and the expenditures pertaining to the project must be entered in such a way as to permit reconciliation between the detailed ledgers, the supporting documents and the funding management.<\/p>\n<\/div><\/section><\/div><\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_3'  class='main_color av_default_container_wrap container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-6283'><div class='entry-content-wrapper clearfix'>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":6226,"menu_order":91,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-6283","page","type-page","status-publish","hentry"],"publishpress_future_action":{"enabled":false,"date":"2026-04-26 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