Project Details
Description
The amount in RMB is only a estimated number and the actual amount is 105955 EUR.According to the agreement, the transfer of the Erasmus+ grant contribution from the Coordinator to the Beneficiary, less any expenditure incurred on behalf of the Partner, will be implemented in accordance with the following timetable and procedure:
1st payment: 25% of Erasmus+ grant contribution allocated to the Beneficiary, to be paid within 30 days after the signature of the present agreement by both parties.
2nd payment: 25% of Erasmus+ grant contribution allocated to the Beneficiary, to be paid upon the conclusion of the first year of the project lifetime and within 30 days after the receipt and approval of all the necessary supporting documents.
3rd payment: 20% of Erasmus+ grant contribution allocated to the Beneficiary, to be paid within 30 days after the reception of the 2nd pre-financing from the Executive Agency (which is subject to the approval of the Technical Implementation Report).
4th payment: 20% of Erasmus+ grant contribution allocated to the Beneficiary, to be paid during the 3rd year of the project lifetime within 30 days after the receipt and approval of all the necessary supporting documents.
These payment conditions shall be subject to the Beneficiary’s fulfilment of all the obligations set out in the present Agreement.
The amount of the payments may be modified or adjusted, with the agreement of both parties, depending on the needs of the Beneficiary and the needs arising from development of the project activities.
1st payment: 25% of Erasmus+ grant contribution allocated to the Beneficiary, to be paid within 30 days after the signature of the present agreement by both parties.
2nd payment: 25% of Erasmus+ grant contribution allocated to the Beneficiary, to be paid upon the conclusion of the first year of the project lifetime and within 30 days after the receipt and approval of all the necessary supporting documents.
3rd payment: 20% of Erasmus+ grant contribution allocated to the Beneficiary, to be paid within 30 days after the reception of the 2nd pre-financing from the Executive Agency (which is subject to the approval of the Technical Implementation Report).
4th payment: 20% of Erasmus+ grant contribution allocated to the Beneficiary, to be paid during the 3rd year of the project lifetime within 30 days after the receipt and approval of all the necessary supporting documents.
These payment conditions shall be subject to the Beneficiary’s fulfilment of all the obligations set out in the present Agreement.
The amount of the payments may be modified or adjusted, with the agreement of both parties, depending on the needs of the Beneficiary and the needs arising from development of the project activities.
Status | Finished |
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Effective start/end date | 15/11/19 → 14/11/22 |
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