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.  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.  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.  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.  Page 13 of 16  Use of this Report  Factual Findings  Sources of Information 