Common use of Financial Allocation Clause in Contracts

Financial Allocation. The overall indicative amount made available under this Call for Proposals is EUR 1.800.000,00. AICS reserves the right to not allocate all available funds. The budget requested from AICS for each project proposal submitted under this call must fall between the following minimum and maximum amount:  minimum amount: EUR 300.000,00  maximum amount: EUR 500.000,00 No transfer of funds is foreseen in the frame of this call for proposals. All the expenses occurred in the implementation of the winning projects will be directly managed by AICS mainly through work, service and supply contracts signed with the private sector (contractors). The Applicants shall co-finance the project with an in-kind or in cash contribution equal to at least the 10% and maximum 50% of the total budget of the action. The balance (i.e. the difference between the total cost of the action and the amount requested from AICS) must be financed from sources other than the funds made available under this Call. The procurement procedures described in point 2.5 shall be applied for the purchase of all goods, services and works included in the Application Form, even if the funds made available under this Call for Proposals will finance only part of the related costs.

Financial Allocation. The overall indicative amount made available under this Call for Proposals is EUR 1.800.000,003.700.00. AICS reserves the right to not allocate all available funds. The budget requested from AICS for each project proposal submitted under this call must fall between the following minimum and maximum amount:  • minimum amount: EUR 300.000,00  • maximum amount: EUR 500.000,00 No transfer of funds is foreseen in the frame of this call for proposals. All the expenses occurred in the implementation of the winning projects will be directly managed by AICS mainly through work, service and supply contracts signed with the private sector (contractors). The Applicants shall co-finance the project with an in-kind or in cash contribution equal to at least the 10% and maximum 50% of the total budget of the action. The balance (i.e. the difference between the total cost of the action and the amount requested from AICS) must be financed from sources other than the funds made available under this Call. The procurement procedures described in point 2.5 shall be applied for the purchase of all goods, services and works included in the Application Form, even if the funds made available under this Call for Proposals will finance only part of the related costs.