The periodic report is due 60 days after the end of the reporting period and consists of the following sections:

• Progress report (periodic technical report): Report on the status of the project (progress, attainment of objectives)
  
  
• Periodic financial report: Report on the use of funding, consisting of three parts:
  • Individual financial statement from each partner
  • Explanation on the use of resources
  • Periodic summary financial statement

The Commission has 90 days after receipt of the reports to examine them and make the appropriate interim payments. In case of queries by the European Commission, the time schedule may be delayed.