Common use of Amount of the Contribution Clause in Contracts

Amount of the Contribution. Section 3.01 The budget of the trust fund is estimated to be EUR 1,000,000 as set out in ▇▇▇▇▇ ▇▇▇. Section 3.02 The Commission undertakes to finance EUR 1,000,000 for the trust fund. Section 3.03 Indirect Costs under this Administration Agreement shall not exceed 7% of the final amount of eligible Direct Costs of the Contribution. The IBRD may, following deposit of the Contribution by the Commission, deduct from each Contribution of the Commission and retain for the IBRD’s own account an amount equal to 2% of the Contribution. In addition, program management, preparation and Supervision costs up to a maximum amount equal to EUR 50,000 of the Contribution will be charged to the trust fund on an actual basis and as a Direct Cost provided they comply with Section 14.01 of the General Conditions. The final amount that the IBRD is entitled for Indirect Costs shall be adjusted to the actual disbursed amounts of the Contribution in accordance with Articles 14 and 17 of the General Conditions. Section 3.04 The following categories of costs shall be considered eligible under this Administration Agreement provided they comply with Section 14.01 of the General Conditions: (a) For Bank-executed activities: (i) Staff Costs (no indirect cost allowed); (ii) Consultant Fees; (iii) Contractual Services; (iv) Travel Expenses; (v) Extended Term Consultants; (vi) Media and Workshops Costs; (vii) Associated Overheads; (viii) Field Assignment Benefits; and (ix) Staff Costs. (b) For Recipient-executed activities: (i) Consultants’ services; (ii) Goods; (iii) Training and workshops; and (iv) operating costs.

Amount of the Contribution. Section 3.01 The budget of the trust fund is estimated to be a minimum of seventy three million Euros (EUR 1,000,000 73,000,000) as set out in ▇▇▇▇▇ ▇▇▇Annex IV. Section 3.02 The Commission undertakes to finance five million Euros (EUR 1,000,000 5,000,000) for the trust fund. Section 3.03 Indirect Costs under this Administration Agreement shall not exceed 7% six percent (6%) of the final amount of eligible Direct Costs of the Contribution. The IBRD may, following deposit of the Contribution by the Commission, deduct from each Contribution of the Commission and retain for the IBRD’s IBRD own account an amount equal to 2% one percent (1%) of the Contribution. In addition, staff costs for program management, preparation and Supervision costs up to a the maximum amount equal to EUR 50,000 indicated in the following expense categories of Annex IV (Indicative Budget for the Contribution Project): (i) Country delivery support and advisory services; (ii) PMR Participant meetings and workshops; (iii) Other PMR Secretariat services; and (iv) Trust fund management (incl. audit expenses), will be charged to the trust fund on an actual basis and as a Direct Cost provided they comply with Section 14.01 of the General Conditions. The final amount that the IBRD is entitled for Indirect Costs shall be adjusted to the actual disbursed amounts of the Contribution in accordance with Articles 14 and 17 of the General Conditions. Section 3.04 The following categories of costs costs, shall be considered eligible under this Administration Agreement provided they comply with the categories of costs described in Sections 2.1 and 2.2 of Annex I and Section 14.01 of the General Conditions: For Bank-Executed Activities: (a) For Bank-executed activities:consultant fees; (b) media and workshop costs; (c) travel expenses; (d) associated overheads; (e) staff costs; (f) contractual services; (g) equipment costs lease; (h) extended term consultants; (i) Staff Costs field assignment benefits; (j) temporary support staff costs; and (k) staff costs: no indirect cost allowed); indir. For Recipient-Executed Activities: (iia) Consultant Fees; (iii) Contractual Services; (iv) Travel Expenses; (v) Extended Term Consultants; (vi) Media and Workshops Costs; (vii) Associated Overheads; (viii) Field Assignment Benefits; and (ix) Staff Costs.goods; (b) For Recipient-executed activities:consulting services; (i) Consultants’ services; (ii) Goods; (iii) Training and workshops; and (ivc) operating costs; (d) trainings; and (e) other expenditures allowable under the Bank’s policies and procedures for Recipient-Executed Activities.