Our engagement was undertaken in accordance with: 

- International Standard on Related Services (‘ISRS’) 4400 Engagements to perform Agreed-upon Procedures regarding Financial Information as promulgated by the International Federation of Accountants (‘IFAC); 

- the Code of Ethics for Professional Accountants issued by the IFAC. Although ISRS 4400 provides that independence is not a requirement for agreed-upon procedures engagements, the Contracting Authority requires that the auditor also complies with the independence requirements of the Code of Ethics for Professional Accountants . 

## Procedures performed 

As requested, we have only performed the procedures listed in Annex 2A of the terms of reference for this engagement (see Annex 2 of this Report). 

These procedures have been determined solely by the Contracting Authority and the procedures were performed solely to assist the Contracting Authority in evaluating whether the fees and expenditure claimed by you on the invoice and in the Financial Report are eligible in accordance with the terms and conditions of the Service Contract. 

Because the procedures performed by us did not constitute either an audit or a review made in accordance with International Standards Auditing or International Standards on Review Engagements, we do not express any assurance on the Financial Report. 

Had we performed additional procedures or had we performed an audit or review of the financial statements of the Contractor in accordance with International Standards on Auditing, other matters might have come to our attention that would have been reported to you. 

## Sources of Information 

The Report sets out information provided to us by you in response to specific questions or as obtained and extracted from your accounts and records. 

## Factual Findings 

The total expenditure which is the subject of this expenditure verification amounts to [ EUR ] [<ISO code of national currency> only if the promoter is the Contracting Authority] < amount >. This amount corresponds to the total amount of fees and expenditure claimed on your invoice and your Financial Report. We have carried out a complete and exhaustive verification of the fees and expenditure claimed on the invoice and in the Financial Report. 

We report the details of our factual findings which result from the procedures that we performed in Chapter 2 of this Report. 

## Use of this Report 

This Report is solely for the purpose set forth above under objective. 

This report is prepared solely for your own confidential use and solely for the purpose of submission by you to the Contracting Authority in connection with the requirements as set out in Article 29 of the General Conditions of the Contract. This report may not be relied upon by you for any other purpose, nor may it be distributed to any other parties. 

The Contracting Authority is not a party to the agreement (the terms of reference) between you and us and therefore we do not owe or assume a duty of care to the Contracting Authority who may rely upon this expenditure verification report at its own risk and discretion. The Contracting Authority can assess for itself the procedures and findings reported by us and draw its own conclusions from the factual findings reported by us. 

