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Challenge 3 - Local subsidies
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Elisabeth
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The essential difference between a local subsidy agreement and the other types of agreement on financing is that in the former the recipient is not responsible for ... .
The key factor when deciding on the correct type of financing instrument is whether the recipient meets the specified ... .
... checks must be carried out before all new agreements.
Once the activities subsidised under the agreement have been implemented, the recipient must submit the required documentation to GIZ for settlement. The list of ... with the associated original vouchers (e.g. paid invoices for supplies, works and services, initialled lists of participants, vouchers for cash purchases, etc.) serves as evidence of the use of funds.
As a general rule, we need the ... vouchers so that we can reclaim the costs. If these are not provided, BMZ will not reimburse the funds we have granted to the recipient.
Once the local subsidy agreement has been fully settled, the office closes the original contract file and stores it (including all correspondence, lists of expenditure and the ... sheet) in the project’s B file (the commission file).