Work Package 6 - Administrative and financial management.
Objectives
This WP on financial management will ensure effective project financial management, including overall steering and supervision of financial aspects, project financial administration and reporting.
Milestones
- Undertake all financial administration of the project.
- Maintain accounts for all WP’s, in format as set out by EU and ensure all project financial reporting are submitted on time to EU.
- Facilitate prompt distribution of funds to partners and ensure audit certificates are in place and audits are to satisfaction of EU.
- Provide, as required, updates on financial status.
- Collect and make available relevant financial information (periodic cost statements, audit certificates etc.) from project participants for periodic financial reporting to the EU Commission.
Deliverables
- Financial reports on a yearly basis