Sampling Control of Expenditure for Projects Funded under the RESTART Programs 2016 – 2020

Dear Partners,

In the frame of the Research and Innovation Foundation’s (RIF) continuous effort to support the Research and Innovation Ecosystem, the RIF announces that audits for RESTART 2016-2020 projects will henceforth be carried out on a sample basis.

Audit sampling will be carried out for Payment Requests submitted in the framework of RESTART 2016-2020 projects and for which the financial verification of costs has not yet commenced. Payment Requests already submitted and currently in progress will be excluded from audit sampling.

More information about the implementation of audit sampling is presented in Circular 01/2020 (attached). For any clarifications you may need, please contact the Helpdesk (https://iris.research.org.cy/#!/helpdesk) or the Project Officer in charge of your project.