Common use of FUNDING SCHEME Clause in Contracts

FUNDING SCHEME. The following payment scheme will apply: - 25% of the agreed upon funding will be provided at the time the contract is signed. - Based on the evaluation of the final report, a payment of up to 50% of the requested funding will be carried out by the SoftFIRE project coordinator. - The remaining 25% will be paid following the formal approval of the final report and corresponding work by the European Commission (EC).

Appears in 2 contracts

Sources: Grant Agreement, Grant Agreement