6. Article
Disbursement
to Intermediary (funds for re-granting)
6.1 Advance payment scheme:
Disbursements of the funds for
re-granting will be made as advance payment in a manner to be set
out in the Project Implementation Plan and requested through the
Project Interim Reports. It shall ensure that sufficient funds
are available for a timely transfer of funds to the
end-recipients, whether advance payments, subsequent instalments,
or final payments.
6.2 Subsequent disbursements:
N/A
7.
Disbursements to end-recipients
7.1 First date of eligibility:
Costs in sub-projects become
eligible at the date of the grant decision by the
Intermediary.
7.2 Advance payments and
disbursements:
Sub-project applications may
qualify for an initial advance payment of up to 25 percent of the
total grant which shall be paid at the time of the signing of the
agreement between the Intermediary and the end-recipient. An
additional 55 percent of the grant may be paid as advance
instalments, in equal shares for each quarter of the scheduled
implementation, after submission of a quarterly interim report.
The remaining 20 percent of the grant shall be paid when the
completion report has been approved by the Intermediary.
If the sub-project lasts three
months or less, no interim report is necessary, initial advance
payment is 80% and the remaining amount of the grant will be paid
after the approval of the final report.
8.
Publicity
8.1 Intermediary level:
The publicity measures shall be in
accordance with the Publicity Guidelines and the submitted
publicity plan. They shall ensure transparency by providing
possible applicants with adequate and high quality information
about EEA Grants in general, as well as be designed to raise
public awareness and disseminate information about the Fund.
In the first year of
implementation the focus of the publicity measures shall be on
informing the broader public about opportunities provided under
the Financial Mechanisms and encourage development of project
ideas to be submitted to the Fund. Activities in this period
include: advertisements, electronic leaflet, booklet and seminars
and development of a website.
Information and publicity
activities shall continue throughout the operation in order to
raise awareness of the available funds.
Before and during the call launch,
advertisements shall be made in national newspapers of the
Republic of Latvia (in Latvian and Russian). The call shall take
into account the principles of the Open Calls Guide. In
the subsequent years, follow-up advertisements shall be published
at least once a year. An electronic leaflet informing about the
launch of the Fund and informing about seminars shall be
developed.
The Intermediary shall organise
one to three information seminars in Riga, depending on number of
participants, and at least one seminar in each of the
regions.
A list of approved grant
applications shall be published and regularly updated on the
websites of the Intermediary and the Focal Point.
8.2 Sub project level:
The end-recipient must ensure that
appropriate visibility and credit is given to EEA Financial
Mechanism and Norwegian Financial Mechanism. This should be done
in reports and publications stemming from the sub projects, or
during public events associated with the sub project.
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