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

  1. Undertake all financial administration of the project.
  2. 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.
  3. Facilitate prompt distribution of funds to partners and ensure audit certificates are in place and audits are to satisfaction of EU.
  4. Provide, as required, updates on financial status.
  5. 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

  1. Financial reports on a yearly basis

Partners

Work Package Coordinator