Following our article on minimising the risk of funding clawback in 2016, we have assisted clients with a range of clawback issues, and have seen a marked increase in the frequency of clawback being sought in substantial projects.
The impact of any financial penalties imposed following audits by DCLG/ERDF to funding recipients can be substantial.
However, there are ways in which grant recipients can minimise the likelihood of clawback, including:
- proactive and early planning and advice on the design and execution of the procurement process itself;
- careful management and advice during any audit process, when representations are made to funders about the evaluation undertaken; and
- a well-planned approach to correspondence with funders to reject/minimise any suggested financial penalties.
If you need any further information, or are facing a claim for funding clawback, please get in touch with the contacts below.
![Jonathan Davey](/globalassets/profiles/profile-photos/jonathan-davey.jpg?w=515&h=343&scale=canvas)
![Bill Gilliam](/globalassets/profiles/profile-photos/bill-gilliam.jpg?w=515&h=343&scale=canvas)
![Louise Dobson](/globalassets/profiles/profile-photos/louise-dobson.jpg?w=515&h=343&scale=canvas)