3. Article

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.