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FP7

Rules to ensure consistent verification of the existence and legal status of participants, as well as their operational and financial capacities [...], Commission Decision C(2007)/2466 - 13/06/2007

Funded under: FP7

Abstract

Rules to ensure consistent verification of the existence and legal status of participants, as well as their operational and financial capacities, in indirect actions supported through the form of a grant under the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007-2013) and under the Seventh Framework Programme of the European Atomic Energy Community (Euratom) for nuclear research and training activities (2007-2011), Commission Decision C(2007)/2466 - 13/06/2007
The Rules for Participation for FP7 (FP7 RP) stipulate that "the Commission shall adopt and publish rules to ensure consistent verification of the existence and legal status of participants in indirect actions as well as their financial capacity. The Commission shall refrain from renewing such verification unless the situation of the participant concerned has changed".
This document defines these rules. It is based on the regulatory requirements provided by the FP7 RP and the Financial Regulation3 (FR) and its associated Implementing Rules4 (IR). It has been adopted by the Commission on the 13th of June 2007 and it is applicable from the 1st of January 2007 for any relevant FP7 indirect actions.
These rules concern all FP7 indirect actions taking the form of a grant agreement and will be implemented by all Commission services involved in the management of FP7 indirect actions ("Research Directorate Generals") up to the date of entry into force of a subsequent version of this document.
For any subsequent versions, a change history and a comparison to the previous version(s) will be provided in order to identify the modifications/updates and ease the understanding.

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Record Number: 8608 / Last updated on: 2007-06-26
Category: SUPP