Consortium

Collaboration

Promoting Opportunities for Wide-scale Energy Renewal:

Unlocking Potential

KoM POWERUP

Management

Óscar Pretel

1

2

3

Contractual documents

Contractual reports

Budget

4

Payments 

Contractual documents

• Annex1 - Description of the Action
• Annex 2 - Estimated Budget
• Annex 3 - Accessions Forms– Accession of beneficiaries to the GA
• Annex 4 - Model Financial Statements
• Annex 5 – Model Certificate on the Financial Statements (CFS)
• Annex 6 – Model Certificate on the Methodology

• Form of grant: Lump sum

• Main reference for assessing correct implementation: all reporting and claims must align with this annex.

Highlights

Grant Agreement (GA): signed EC and the project Coordinator

Consortium Agreement (CA)

• Agreement among the project partners
  All partners have signed

Contractual reports

• Identified in Annex 1 of the GA
• Must be submitted to the Coordinator who will sent through SYGMA / Project Continuous Report / Deliverables

Deliverables

• Identified in Section 4.2 "Periodic reporting and payments".
• Reporting and payment schedule (art 21, 22)

To be delivered at the end of each reporting period:
Months 18 and 36, within 60 days after the end of each period through SyGMa/Project Periodic Reporting

Contractual reports

Annex 2 of GA

Budget

Payment Date

First PF1 distributed: Our financial department have sent all PF1 ammounts.

1. The consortium must submit the Periodic Report 1 on time.

2. The report must be approved by the agency (CINEA).

3. Only work packages that are declared, completed, and properly implemented will be paid.

4. The total payment (prefinancing + interim) will not exceed 90% of the maximum grant amount.

Payments

From Grant Agreement (EC)

• Within 90 days from receiving and accepting the periodic report for Reporting Period 1 (Month 1 to 18)

Highlights

Prefinancings

Prefinancings

Payments

Deliverables, reportings and payments

months

Deliverables

Payments

Reports

Thank you