Quality criterion
Indicators
8.1. The project partners ensure that the project funds are spent responsibly, under the proviso that planning certainty can be achieved.
Those responsible for the project (be they professionals or volunteers) are aware of the key aspects of submitting applica- tions and ensuring a sound financial framework for international projects and have suitable experience therein ( → see annex) .
The costs of and funding for the project are communicated and agreed in a transparent manner across all partner organisations.
The partner organisations ensure that the entire cost of the project is covered in good time.
There is a written list of incurred costs as well as a written financial plan.
There is an awareness that some costs are eligible while others are not.
The financial calculations take into account available funds, par- ticipants‘ contributions, costs covered by the partner organisa- tions (cash and non-cash contributions), donations and other sources of income.
It is verified which funds are combinable.
Any rules and regulations imposed by the funding bodies are respected (e.g., deadlines, prudent use of funds, economical approach, prevention of double financing, repayment of unused funds, etc.).
FINANCIAL MATTERS — 39
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