The purpose of requesting an external audit report is to be able to verify that the financial capacity of the entity in question is sufficient to implement the future grant contract.
Since there are two separate entities and two separate grant contracts, an external audit report is requested in the following cases:
1) from the ENPI future Beneficiary if the ENPI grant requested exceeds 500,000 EUR (excluding co-financing);
2) from the IPA future Financial Lead Beneficiary if the IPA grant requested exceeds 500,000 EUR (excluding co-financing).
Consequently, in this example (ENPI grant of 400,000 EUR and IPA grant of 200,000 EUR), it is not necessary to submit an audit report by either of the future beneficiaries.