3rd party agreement
Once a proposal is selected, the proposer organization will be contracted by the project coordinator (Eurescom) as a 3rd party receiving financial support. This will require the signature of the agreement of which can downloaded:
Before awarding any grants to a third party, it will be checked whether the third party is a legal entity with a history of at least three years of commercial operations, and has not been declared insolvent.
Any third party funding agreement will contain a clause ensuring that the European Commission and the Court of Auditors can exercise their powers of control, concerning documents premises and information, including those stored on electronic media.