Six criteria for refundable expenses

There are six criteria to be fulfilled in order to get reimbursement of the expenses of the projects within the Operational Programmes. They will be included in a law that will regulate the general principles of spending the European structural funds.

The six conditions that already apply are:

A payment may be reimbursed if it was undertaken between January 1 2007 and December 31, 2015.
Financial documents and invoices that prove the expenses are mandatory.
The payment can be audited and identified.
It conforms to the provisions of the financial contract.
It obeys the Romanian and the European legislations.
The beneficiary of the reimbursement has not benefited of European financing assistance.

This information has been provided by the Authority for the Coordination of the Structural Instruments at the event “Project Management Vision” organized by the All Consulting&Training and CEFE Training Romania on June, 20-21.

The reimbursements will be operated directly, to the beneficiary’s bank account, or via an account belonging to a local structure of the Management Authority that will pay the money to the beneficiary.

HotNews.ro, Euractiv.ro, Jun 20, 2007