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): signee 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 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: Yesterday we have sent to our financial department to proceed for the first grant distribution, all partners except 1. You will be have the money the next days.

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

Thank you