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            <ol class="govuk-list ifs-list--number">
                <li>Background
                    <ol class="ifs-list--number">
                        <li>These terms and conditions, together with the Aerospace Technology Institute Framework Agreement, apply to organisations (which we will refer to as ‘you’ or ‘your’ from now on) who are applying for grant funding from Innovate UK, part of UK Research and Innovation (‘we’, ‘us’ or ‘our’). This includes applications made singly or in collaboration with other applicants. These terms and conditions apply to requests to fund the project named in the funding application and confirmed in the grant offer letter (GOL).</li>
                        <li>If your application for funding is successful, you will receive a GOL confirming any specific conditions of the award that you must comply with, in addition to these terms and conditions. You must sign and upload the GOL before your project can start. The GOL and these terms and conditions will together be referred to as ’this agreement’.</li>
                    </ol>
                </li>

                <li>General terms and conditions
                    <ol class="ifs-list--number">
                        <li>We have the unilateral right to change these grant terms and conditions at any time, giving 90 days’ notice.</li>
                        <li>You cannot assign, transfer or sub-contract any of your rights or obligations under this agreement to any third party.</li>
                        <li>Rights and/or remedies under this agreement, whether exercised or not, remain available throughout the term of this agreement defined in section 4.1.</li>
                        <li>This agreement does not create any partnership or joint venture between us at law.</li>
                        <li>We:
                            <ol class="ifs-list--number">
                                <li>accept no liability for any consequences, whether direct or indirect, that result from you undertaking the project, using the grant, or Innovate UK terminating this agreement or the grant and</li>
                                <li>limit our liability to the amount of grant payable for which you can provide evidence of eligible costs incurred and defrayed, provided you are not in breach of its terms</li>
                            </ol>
                        </li>
                        <li>This agreement is subject to the laws of England and Wales.</li>
                        <li>The grant cannot be used for any political or lobbying activity, or for any purpose other than the project or the purpose described or referred to in the GOL.</li>
                    </ol>
                </li>

                <li>Disclaimer
                    <ol class="ifs-list--number">
                        <li>Innovate UK accepts no liability, financial or otherwise, for expenditure or liability arising from the project or programme funded by the grant except as set out in these Terms and Conditions, or otherwise agreed in writing.</li>
                        <li>Innovate UK accepts no liability for any consequences, whether direct or indirect, that may come about from the recipient running the project, the use of the grant or from withdrawal of the grant. The recipient shall indemnify and hold harmless the funder, its employees, agents, officers or sub-contractors with respect to all claims, demands, actions, costs, expenses, losses, damages and all other liabilities arising from or incurred by reason of the actions or omissions of the recipient in relation to the project, the non-fulfilment of obligations of the recipient under this agreement or its obligations to third parties.</li>
                        <li>Innovate UK reserves the right to terminate the grant at any time, subject to reasonable notice and to make any payment that we agree may be necessary to cover outstanding and unavoidable commitments. If a grant is terminated or reduced in value, no liability for payment, redundancy or any other compensatory payment for the dismissal of staff funded by the grant will be accepted.</li>
                    </ol>
                </li>

                <li>Duration
                    <ol class="ifs-list--number">
                        <li>This agreement comes into effect on the date of the GOL. It continues until the project end date set out in the GOL or on any other date subsequently agreed by us, unless this agreement is terminated earlier in accordance with its provisions (the ‘term’).</li>
                        <li>The project duration will begin on the project start date set out in the GOL and end on the project end date (the ‘project term’) also set out in the GOL unless this agreement is terminated earlier in accordance with its provisions. The project start date and end date will be confirmed when you set up your project. Any changes to these dates need to be agreed with us.</li>
                        <li>The terms and conditions of this grant will begin on the date of the GOL and shall continue after the project term for a period of 6 years.</li>
                        <li>Any obligations under these Terms and Conditions that remain unfulfilled following the expiry or termination of the agreement shall survive such expiry or termination and continue in full force and effect until they have been fulfilled by you.</li>
                    </ol>
                </li>

                <li>Waiver
                    <p class="govuk-body">No failure or delay by Innovate UK to exercise any right or remedy under these Terms and Conditions shall be construed as a waiver of any other right or remedy.</p>
                </li>

                <li>Status
                    <p class="govuk-body">If any provision of these terms and conditions is found by a court or other legitimate body to be illegal, invalid or unreasonable, it will not affect the remaining terms and conditions which will continue in force.</p>
                </li>

                <li>Joint and several liability
                    <p class="govuk-body">Where the You are not a company nor an incorporated entity with a distinct legal personality of its own, the individuals who enter into and sign these Terms and Conditions on behalf of you shall be jointly and severally liable for the recipient's obligations and liabilities arising under these Terms and Conditions.</p>
                </li>

                <li>Your obligations
                    <ol class="ifs-list--number">
                        <li>As a successful applicant, you will:
                            <ol class="ifs-list--number">
                                <li>manage the project in accordance with the terms of the application as awarded by us, and this agreement.</li>
                                <li>not sub-contract any of your work on the project (unless previously agreed with us)</li>
                                <li>inform us promptly, through your Monitoring Officer (MO),
                                    <ol class="ifs-list--number">
                                        <li>of any issue or material change that could affect the progress, delivery or exploitation of the project and of any changes to your constitution, legal form, membership structure (if applicable) or ownership</li>
                                        <li>if you, your staff, officers or volunteers are subject to any complaint or investigation into dishonesty, fraudulent activities or business misconduct, carried out by any regulatory body or the police</li>
                                        <li>of any allegations, whether proven or not, of fraud, criminal convictions, bankruptcy arrangements, or disqualifications</li>
                                    </ol>
                                </li>
                                <li>fully co-operate with us, responding to any requests for information promptly and comprehensively and allowing reasonable (audit) access to your sites and staff upon request</li>
                                <li>take out and maintain insurance covering your risks and liabilities for appropriate amounts and in keeping with good commercial practice</li>
                                <li>comply with all applicable laws and regulations in carrying out your activities under this agreement</li>
                                <li>have and maintain adequate procedures to manage and monitor any actual or perceived bias or conflicts of interest in any personal, business or professional activities by you or your representatives which conflict or could conflict with any of your obligations under this agreement</li>
                                <li>provide the MO, within 90 days of the end of the project, with:
                                    <ol class="ifs-list--number">
                                        <li>the ATI Close Out Economic Monitoring Form</li>
                                        <li>the final project report</li>
                                        <li>any supporting documentation</li>
                                        <li>confirmation that the final claim has been submitted</li>
                                        <li>confirmation that the final independent accountant’s report has been submitted</li>
                                    </ol>
                                </li>
                                <li>Take reasonable account of the guidance on trusted research and innovation issued by the <a href="https://www.cpni.gov.uk/" class="govuk-link" target="_blank">Centre for the Protection of National Infrastructure | CPNI</a></li>
                                <li>have and maintain adequate procedures to manage and monitor any actual or Comply with the requirements stated in <a href="https://www.gov.uk/government/publications/national-security-and-investment-bill-2020#history" class="govuk-link" target="_blank">The National Security and Investment Bill 2020 (NSI).</a></li>
                            </ol>
                        </li>
                        <li>Successful and unsuccessful applicants must give us, and any data-sharing partner we appoint, any information we need to create an evaluation report on an ongoing basis. For successful applicants this will be during the term of the grant and for a further period of 10 years or as specified in your grant offer letter.</li>
                        <li>To receive your award, you must start your project within 90 days of the date of your award following approval from The Department of Business, Energy and Industrial Strategy (BEIS). Failure to start within this period may result in your offer being withdrawn.</li>
                    </ol>
                </li>

                <li>Ownership
                    <p class="govuk-body">Innovate UK has awarded this grant on the basis of the ownership details provided in your application. If ownership of the Company changes during the course of the grant funded project Innovate UK has the right to suspend or terminate the grant and to recover the value of the grant paid up to that time. Furthermore, failure to disclose a change in ownership may result in the suspension or termination of a grant.</p>
                    <p class="govuk-body">Where Innovate UK has reasonable grounds for believing that a grant funded project presents a risk to UK national security or national interests more generally Innovate UK shall have the right to suspend or terminate that grant without further notice.</p>
                </li>

                <li>Payment of grant
                    <ol class="ifs-list--number">
                        <li>We will only pay your grant into your business account at a UK clearing bank or one of its subsidiary banks within the UK. Innovate UK may accept an account at an alternative bank in exceptional circumstances at our discretion and by prior agreement. Your grant will be paid by instalments quarterly (unless otherwise agreed by Innovate UK) and in arrears on submission of a claim. This will be for your net eligible costs incurred, invoiced and paid in the quarter (or other period) covered by the claim. You accept that the eligible costs you can claim are limited to those types of costs approved by our Project Finance Team and communicated to you before the issue of the GOL.</li>
                        <li>You must provide evidence to Innovate UK through the Innovation funding service (IFS) for each grant claim. You must discuss costs with your MO before they can approve and submit your claim for payment to Innovate UK</li>
                        <li>Your claims must be supported by a revised forecast of eligible project costs. These should detail expected costs for each future claim period and highlight any variations from the last forecast. Your claim might need to be supported by an independent accountant’s report as set out in clause 14 below.</li>
                        <li>You are required to have a time recording arrangement which allows you to accurately record time charged to Innovate UK projects. All labour claims must be supported by a time recording arrangement which includes:
                            <ol class="ifs-list--number">
                                <li>the date and number of hours worked per day</li>
                                <li>start and finish time</li>
                                <li>a brief description of the work completed and associated Work Package(s)</li>
                                <li>the name of the staff member completing the task</li>
                                <li>an hourly rate</li>
                            </ol>
                        </li>
                        <li>Claims must be for completed quarters only. The exception is the final quarter which is the only occasion when you can submit a claim for costs incurred but not necessarily paid, provided that the cost is:
                            <ol class="ifs-list--number">
                                <li>for labour, overhead and/or travel and subsistence only</li>
                                <li>paid within 30 days of the project end date, and</li>
                                <li>included within the final independent accountant’s report</li>
                            </ol>
                        </li>
                        <li>Innovate UK will normally pay the grant within 30 days, unless we need further information to support the claim. We agree to raise requests for further information, if any, within 14 days of receiving the claim.</li>
                        <li>All Claims must be submitted or completed as draft within 30 days of the period end. Innovate UK does not have to pay any claim received more than 30 days after the end of the quarter to which it relates.</li>
                        <li>Innovate UK will retain 10% of your maximum grant value until the project is complete and we have received:
                            <ol class="ifs-list--number">
                                <li>final claim</li>
                                <li>supporting claim evidence information</li>
                                <li>final project report</li>
                                <li>final independent accountant’s report (IAR)</li>
                            </ol>
                            <p class="govuk-body">We will not pay the final claim or the 10% retained value if the items listed above are received later than 90 days after project completion date.</p>
                            <p class="govuk-body">Payment of the retained value (10%) is subject to the contents of the final accountant’s report. Adjustments may mean that you are not entitled to receive all of the retained value.</p>
                        </li>
                        <li>You are responsible for maintaining contemporaneous and detailed records and documentation relating to the use of your grant, including timesheets, invoices and other documents.</li>
                        <li>The time recording system should clearly show when, who and what has been carried out by employees. These should provide sufficient evidence to support the submission of timely and accurate claims and to demonstrate that your eligible project costs comply with the UK Subsidy Control Framework or State Aid Rules (as applicable) and as outlined in clause 16.</li>
                        <li>These records must be kept for 10 years following your receipt of the grant and must be supplied to satisfy requests for evidence of compliance within 20 days if requested. Grant recipients should be open and transparent and must provide additional information if asked. For example, this may include details of staff contributing to the project, or the nature of the relationship between the consortium members.</li>
                        <li>Where you use subcontractors, we reserve the right to request further information and conduct further checks. Any relationship between the funded project partner and subcontractor must be declared. The lead project partner must be able to demonstrate that value for money is obtained in the procurement of goods, services or works funded by the grant. The procurement process must reflect that which a participant would typically use concerning its own money, with equal, or greater, vigilance.  An inferior process will not be accepted. A project partner cannot sell services or equipment to other project partners at a profit.</li>
                        <li>Innovate UK may appoint an auditor, at our expense, to ensure you are complying with the terms and conditions of this agreement. You agree to give the auditor or person nominated by UKRI, access to your project records within 2 weeks’ notice of their appointment. If the auditor determines that all or part of the grant has been misapplied or that you should repay all or part of the grant to Innovate UK, we may recover the cost of the auditor’s work from you.</li>
                        <li>Innovate UK will not make payment for project costs that you are already in receipt of, whether from Innovate UK (in a separate project award) or any other funding organisation.  In the event that separate funding has been awarded for costs associated with the same project deliverables it is the responsibility of you to notify Innovate UK and any other funding organisation. This will allow the awarding organisations to agree who should fund the relevant costs. If you are found to be claiming duplicate project costs whilst in receipt of separate funding (‘double dipping’) Innovate UK will consider terminating the project, recovering all project costs and where there is evidence of dishonesty (Fraud Act 2006), referring the matter to the Police.</li>
                    </ol>
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        <th:block th:insert="fragments/layout :: page-title"
                  th:with="pageTitle='Terms and conditions of an ATI Programme grant',size='govuk-heading-l'" />

        <th:block th:fragment="terms-and-conditions-content">
            <ol class="govuk-list ifs-list--number">
                <li>Background
                    <ol class="ifs-list--number">
                        <li>These terms and conditions, together with the Aerospace Technology Institute Framework Agreement, apply to organisations (which we will refer to as ‘you’ or ‘your’ from now on) who are applying for grant funding from Innovate UK, part of UK Research and Innovation (‘we’, ‘us’ or ‘our’). This includes applications made singly or in collaboration with other applicants. These terms and conditions apply to requests to fund the project named in the funding application and confirmed in the grant offer letter (GOL).</li>
                        <li>If your application for funding is successful, you will receive a GOL confirming any specific conditions of the award that you must comply with, in addition to these terms and conditions. You must sign and upload the GOL before your project can start. The GOL and these terms and conditions will together be referred to as ’this agreement’.</li>
                    </ol>
                </li>

                <li>General terms and conditions
                    <ol class="ifs-list--number">
                        <li>We have the unilateral right to change these grant terms and conditions at any time, giving 90 days’ notice.</li>
                        <li>You cannot assign, transfer or sub-contract any of your rights or obligations under this agreement to any third party.</li>
                        <li>Rights and/or remedies under this agreement, whether exercised or not, remain available throughout the term of this agreement defined in section 4.1.</li>
                        <li>This agreement does not create any partnership or joint venture between us at law.</li>
                        <li>We:
                            <ol class="ifs-list--number">
                                <li>accept no liability for any consequences, whether direct or indirect, that result from you undertaking the project, using the grant, or Innovate UK terminating this agreement or the grant and</li>
                                <li>limit our liability to the amount of grant payable for which you can provide evidence of eligible costs incurred and defrayed, provided you are not in breach of its terms</li>
                            </ol>
                        </li>
                        <li>This agreement is subject to the laws of England and Wales.</li>
                        <li>The grant cannot be used for any political or lobbying activity, or for any purpose other than the project or the purpose described or referred to in the GOL.</li>
                    </ol>
                </li>

                <li>Disclaimer
                    <ol class="ifs-list--number">
                        <li>Innovate UK accepts no liability, financial or otherwise, for expenditure or liability arising from the project or programme funded by the grant except as set out in these Terms and Conditions, or otherwise agreed in writing.</li>
                        <li>Innovate UK accepts no liability for any consequences, whether direct or indirect, that may come about from the recipient running the project, the use of the grant or from withdrawal of the grant. The recipient shall indemnify and hold harmless the funder, its employees, agents, officers or sub-contractors with respect to all claims, demands, actions, costs, expenses, losses, damages and all other liabilities arising from or incurred by reason of the actions or omissions of the recipient in relation to the project, the non-fulfilment of obligations of the recipient under this agreement or its obligations to third parties.</li>
                        <li>Innovate UK reserves the right to terminate the grant at any time, subject to reasonable notice and to make any payment that we agree may be necessary to cover outstanding and unavoidable commitments. If a grant is terminated or reduced in value, no liability for payment, redundancy or any other compensatory payment for the dismissal of staff funded by the grant will be accepted.</li>
                    </ol>
                </li>

                <li>Duration
                    <ol class="ifs-list--number">
                        <li>This agreement comes into effect on the date of the GOL. It continues until the project end date set out in the GOL or on any other date subsequently agreed by us, unless this agreement is terminated earlier in accordance with its provisions (the ‘term’).</li>
                        <li>The project duration will begin on the project start date set out in the GOL and end on the project end date (the ‘project term’) also set out in the GOL unless this agreement is terminated earlier in accordance with its provisions. The project start date and end date will be confirmed when you set up your project. Any changes to these dates need to be agreed with us.</li>
                        <li>The terms and conditions of this grant will begin on the date of the GOL and shall continue after the project term for a period of 6 years.</li>
                        <li>Any obligations under these Terms and Conditions that remain unfulfilled following the expiry or termination of the agreement shall survive such expiry or termination and continue in full force and effect until they have been fulfilled by you.</li>
                    </ol>
                </li>

                <li>Waiver
                    <p class="govuk-body govuk-!-margin-top-2">No failure or delay by Innovate UK to exercise any right or remedy under these Terms and Conditions shall be construed as a waiver of any other right or remedy.</p>
                </li>

                <li>Status
                    <p class="govuk-body govuk-!-margin-top-2">If any provision of these terms and conditions is found by a court or other legitimate body to be illegal, invalid or unreasonable, it will not affect the remaining terms and conditions which will continue in force.</p>
                </li>

                <li>Joint and several liability
                    <p class="govuk-body govuk-!-margin-top-2">Where the You are not a company nor an incorporated entity with a distinct legal personality of its own, the individuals who enter into and sign these Terms and Conditions on behalf of you shall be jointly and severally liable for the recipient's obligations and liabilities arising under these Terms and Conditions.</p>
                </li>

                <li>Your obligations
                    <ol class="ifs-list--number">
                        <li>As a successful applicant, you will:
                            <ol class="ifs-list--number">
                                <li>manage the project in accordance with the terms of the application as awarded by us, and this agreement.</li>
                                <li>not sub-contract any of your work on the project (unless previously agreed with us)</li>
                                <li>inform us promptly, through your Monitoring Officer (MO),
                                    <ol class="ifs-list--number">
                                        <li>of any issue or material change that could affect the progress, delivery or exploitation of the project and of any changes to your constitution, legal form, membership structure (if applicable) or ownership</li>
                                        <li>if you, your staff, officers or volunteers are subject to any complaint or investigation into dishonesty, fraudulent activities or business misconduct, carried out by any regulatory body or the police</li>
                                        <li>of any allegations, whether proven or not, of fraud, criminal convictions, bankruptcy arrangements, or disqualifications</li>
                                    </ol>
                                </li>
                                <li>fully co-operate with us, responding to any requests for information promptly and comprehensively and allowing reasonable (audit) access to your sites and staff upon request</li>
                                <li>take out and maintain insurance covering your risks and liabilities for appropriate amounts and in keeping with good commercial practice</li>
                                <li>comply with all applicable laws and regulations in carrying out your activities under this agreement</li>
                                <li>have and maintain adequate procedures to manage and monitor any actual or perceived bias or conflicts of interest in any personal, business or professional activities by you or your representatives which conflict or could conflict with any of your obligations under this agreement</li>
                                <li>provide the MO, within 90 days of the end of the project, with:
                                    <ol class="ifs-list--number">
                                        <li>the ATI Close Out Economic Monitoring Form</li>
                                        <li>the final project report</li>
                                        <li>any supporting documentation</li>
                                        <li>confirmation that the final claim has been submitted</li>
                                        <li>confirmation that the final independent accountant’s report has been submitted</li>
                                    </ol>
                                </li>
                                <li>Take reasonable account of the guidance on trusted research and innovation issued by the <a href="https://www.cpni.gov.uk/" class="govuk-link" target="_blank">Centre for the Protection of National Infrastructure | CPNI</a></li>
                                <li>have and maintain adequate procedures to manage and monitor any actual or Comply with the requirements stated in <a href="https://www.gov.uk/government/publications/national-security-and-investment-bill-2020#history" class="govuk-link" target="_blank">The National Security and Investment Bill 2020 (NSI).</a></li>
                            </ol>
                        </li>
                        <li>Successful and unsuccessful applicants must give us, and any data-sharing partner we appoint, any information we need to create an evaluation report. For successful applicants this will be during the term of the grant and for a further period of 10 years or as specified in your GOL.</li>
                        <li>To receive your award, you must start your project within 90 days of the date of your award following approval from The Department of Business, Energy and Industrial Strategy (BEIS). Failure to start within this period may result in your offer being withdrawn.</li>
                    </ol>
                </li>

                <li>Ownership
                    <p class="govuk-body">Innovate UK has awarded this grant on the basis of the ownership details provided in your application. If ownership of the Company changes during the course of the grant funded project Innovate UK has the right to suspend or terminate the grant and to recover the value of the grant paid up to that time. Furthermore, failure to disclose a change in ownership may result in the suspension or termination of a grant.</p>
                    <p class="govuk-body">Where Innovate UK has reasonable grounds for believing that a grant funded project presents a risk to UK national security or national interests more generally Innovate UK shall have the right to suspend or terminate that grant without further notice.</p>
                </li>

                <li>Payment of grant
                    <ol class="ifs-list--number">
                        <li>We will only pay your grant into your business account at a UK clearing bank or one of its subsidiary banks within the UK. Innovate UK may accept an account at an alternative bank in exceptional circumstances at our discretion and by prior agreement. Your grant will be paid by instalments quarterly (unless otherwise agreed by Innovate UK) and in arrears on submission of a claim. This will be for your net eligible costs incurred, invoiced and paid in the quarter (or other period) covered by the claim. You accept that the eligible costs you can claim are limited to those types of costs approved by our Project Finance Team and communicated to you before the issue of the GOL.</li>
                        <li>You must provide evidence to Innovate UK through the Innovation funding service (IFS) for each grant claim. You must discuss costs with your MO before they can approve and submit your claim for payment to Innovate UK</li>
                        <li>Your claims must be supported by a revised forecast of eligible project costs. These should detail expected costs for each future claim period and highlight any variations from the last forecast. Your claim might need to be supported by an independent accountant’s report as set out in clause 14 below.</li>
                        <li>You are required to have a time recording arrangement which allows you to accurately record time charged to Innovate UK projects. All labour claims must be supported by a time recording arrangement which includes:
                            <ol class="ifs-list--number">
                                <li>the date and number of hours worked per day</li>
                                <li>start and finish time</li>
                                <li>a brief description of the work completed and associated Work Package(s)</li>
                                <li>the name of the staff member completing the task</li>
                                <li>an hourly rate</li>
                            </ol>
                        </li>
                        <li>Claims must be for completed quarters only. The exception is the final quarter which is the only occasion when you can submit a claim for costs incurred but not necessarily paid, provided that the cost is:
                            <ol class="ifs-list--number">
                                <li>for labour, overhead and/or travel and subsistence only</li>
                                <li>paid within 30 days of the project end date, and</li>
                                <li>included within the final independent accountant’s report</li>
                            </ol>
                        </li>
                        <li>Innovate UK will normally pay the grant within 30 days, unless we need further information to support the claim. We agree to raise requests for further information, if any, within 14 days of receiving the claim.</li>
                        <li>All Claims must be submitted or completed as draft within 30 days of the period end. Innovate UK does not have to pay any claim received more than 30 days after the end of the quarter to which it relates.</li>
                        <li>Innovate UK will retain 10% of your maximum grant value until the project is complete and we have received:
                            <ol class="ifs-list--number">
                                <li>final claim</li>
                                <li>supporting claim evidence information</li>
                                <li>final project report</li>
                                <li>final independent accountant’s report (IAR)</li>
                            </ol>
                            We will not pay the final claim or the 10% retained value if the items listed above are received later than 90 days after project completion date.
                            <br>
                            Payment of the retained value (10%) is subject to the contents of the final accountant’s report. Adjustments may mean that you are not entitled to receive all of the retained value.
                        </li>
                        <li>You are responsible for maintaining contemporaneous and detailed records and documentation relating to the use of your grant, including timesheets, invoices and other documents.</li>
                        <li>The time recording system should clearly show when, who and what has been carried out by employees. These should provide sufficient evidence to support the submission of timely and accurate claims and to demonstrate that your eligible project costs comply with the UK Subsidy Control Framework or State Aid Rules (as applicable) and as outlined in clause 16.</li>
                        <li>These records must be kept for 10 years following your receipt of the grant and must be supplied to satisfy requests for evidence of compliance within 20 days if requested. Grant recipients should be open and transparent and must provide additional information if asked. For example, this may include details of staff contributing to the project, or the nature of the relationship between the consortium members.</li>
                        <li>Where you use subcontractors, we reserve the right to request further information and conduct further checks. Any relationship between the funded project partner and subcontractor must be declared. The lead project partner must be able to demonstrate that value for money is obtained in the procurement of goods, services or works funded by the grant. The procurement process must reflect that which a participant would typically use concerning its own money, with equal, or greater, vigilance.  An inferior process will not be accepted. A project partner cannot sell services or equipment to other project partners at a profit.</li>
                        <li>Innovate UK may appoint an auditor, at our expense, to ensure you are complying with the terms and conditions of this agreement. You agree to give the auditor or person nominated by UKRI, access to your project records within 2 weeks’ notice of their appointment. If the auditor determines that all or part of the grant has been misapplied or that you should repay all or part of the grant to Innovate UK, we may recover the cost of the auditor’s work from you.</li>
                        <li>Innovate UK will not make payment for project costs that you are already in receipt of, whether from Innovate UK (in a separate project award) or any other funding organisation.  In the event that separate funding has been awarded for costs associated with the same project deliverables it is the responsibility of you to notify Innovate UK and any other funding organisation. This will allow the awarding organisations to agree who should fund the relevant costs. If you are found to be claiming duplicate project costs whilst in receipt of separate funding (‘double dipping’) Innovate UK will consider terminating the project, recovering all project costs and where there is evidence of dishonesty (Fraud Act 2006), referring the matter to the Police.</li>
                    </ol>
                </li>
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