Financial recovery of ERDF may occur:
- after controls by SLC, European Commission (European Court of Auditors - ECA, European Anti-Fraud Office - OLAF) or other relevant authorities (ex.: Entrusted Entity, Accounting Authority…),
- in case total eligible costs is below 80% after validation of the FC2 by FLC.
For ongoing and completed[1] projects, the unduly paid ERDF amounts will be deducted from the amount of the 3rd ERDF payment. For closed projects[2], the MUA will pay back the ineligible or undue ERDF amounts to the EUI.
Another question?