KORO is responsible for ensuring that public art projects are properly documented and archived. Materials submitted to KORO form a basis for knowledge development and research within the field of public art. Your report should include accounts showing that the funding has been used in accordance with the project description and the conditions set forth in the offer letter.
The funding recipient should submit a professional report, accounts and other documentation no later than three months after the end date of the project. You should set your end date long enough after the actual implementation to allow yourself sufficient time to document all of your income and expenses. The final 10 percent of the funding will not be paid if the report is not submitted within the deadline.
The report should describe how the project was implemented and must include accounts and documentation in the form of image files, sound files and similar materials. Please include links to media coverage where relevant. The materials KORO receive will be made available for art historical research.
The accounts should show how the funding has been used, and should be organized to facilitate a comparison with the original budget. You must separately itemize all funding received from KORO and any funding received from other sources. You must keep receipts as you may be asked to produce them. If there is a discrepancy of more than 10 percent between the final accounts and the budget submitted with your funding application, you must include an explanatory comment.
Note that KORO has the right to attach special conditions when awarding funding.
Auditing
Grants of over NOK 200,000 will be audited. This does not apply to organizations that are audited by municipal or other public-sector auditing.