Due Diligence & Business Planning Services
Due Diligence for Grant Awarding Bodies
Awarding Bodies often seek third-party, expert and professional due diligence reports at the grant award stage of the project, during the project delivery phase or at the end of the grant award process to seek confirmation that the scheme has met its objectives.
Due Diligence services to grant awarding bodies have many similarities with those carried out for finance providers but there are some subtle (but important differences):
- Confirmation that the project meets (or did meet) the grant scheme objectives
- Confirmation that the grant recipient can (or did) meet their funding contribution commitments to the project
- Confirmation that the outputs promised (or delivered) are feasible (or met the grant award conditions)
- Confirmation that the scheme will meet (or did meet) external regulatory objectives such as State Aid rules
- Commentary on the efficiency, objectivity and governance aspects of the scheme’s operation
Jerroms Corporate Finance has a great deal of experience of providing due diligence services to Grant Awarding bodies.
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