cross-checking penalty | cross-check penalty | cross-checking | cross-check

contracting approach

electronic procurement | e-procurement | e-tendering

execution of an agreement

audit failure

audit failure

unsuccessful abortion

backwardness at school [ remedial class | remedial teaching ]

3. Takes note from the Court's report that at the end of 2013, the Foundation had EUR 7 500 000 in accounts at a single bank with a low credit rating (F3, BBB); acknowledges from the Foundation that the high bank balance at the year-end occurred as a result of the first instalment of the 2014 subvention being paid in advance, as well as funds received for the new GEMM and FRAME projects; notes the Foundation's intention to participate in a joint procurement procedure for banking services launched by the Commission; considers that in the event that this procedure fails, the Foundation should take all necessary steps to ensure the secur ...[+++]ity of its assets; calls on the Foundation to assess whether a review of its treasury policy is needed and to report to the discharge authority on the results of this procurement procedure;

3. Takes note from the Court's report that at the end of 2013, the Foundation had EUR 7 500 000 in accounts at a single bank with a low credit rating (F3, BBB); acknowledges from the Foundation that the high bank balance at the year-end occurred as a result of the first instalment of the 2014 subvention being paid in advance, as well as funds received for the new GEMM and FRAME projects; notes the Foundation's intention to participate in a joint procurement procedure for banking services launched by the Commission; considers that in the event that this procedure fails, the Foundation should take all necessary steps to ensure the secur ...[+++]ity of its assets; calls on the Foundation to assess whether a review of its treasury policy is needed and to report to the discharge authority on the results of this procurement procedure;

3. Takes note of the Foundation’s reply concerning the high bank balance at the end of 2013; notes the intention of the Foundation to participate in 2014 in a joint procurement procedure for banking services launched by the Commission; considers that, in the event that this procedure fails, the Foundation must take all necessary steps to ensure the security of its assets;

62. Urges the Commission and the Croatian authorities to prioritise the build-up of robust public procurement capacities; emphasises, in this context, that the fight against corruption plays a central role in the entire accession process, and failure to implement preventive anti-corruption measures will impede the future absorption of Union assistance;