6. Article
Disbursement
to Intermediary (funds for re-granting)
6.1 Advance payment scheme:
80% of the funds for re-granting
announced in the open call shall be disbursed to the Intermediary
10 working days after the closing of the call. Disbursements of
subsequent funds for re-granting shall be made as advance payment
in a manner to be set out in the Project Implementation Plan and
requested through the Project Interim Reports. The payment scheme
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 grant decision by the Intermediary.
7.2 Advance payments and
disbursements:
End-recipients shall receive the
first advance payment (25% of the grant) after the signature of
the contract. 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 balance payment (20% of the grant) shall be paid
after approval by the Intermediary of the final report.
If the sub-project lasts three
months or less, no interim report is necessary, initial advance
payment may be up to 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.
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. Activities in this period
include: advertisements, electronic leaflet, booklet, website and
seminars.
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. 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-recipients must ensure
that appropriate visibility and credit is given to the EEA
Financial Mechanism and Norwegian Financial Mechanism. Such
publicity measures should be included in reports and publications
stemming from the sub-projects and in public events associated
with the sub-projects.
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