Common use of Adjustment of the estimated budget Clause in Contracts

Adjustment of the estimated budget. By way of derogation from Article II.14, the partner may, when carrying out the action, adjust the estimated budget by transfers between headings of eligible costs, provided that this adjustment of expenditure does not affect the implementation of the action and that the transfer between headings does not exceed 10% of the amount of each heading of estimated eligible costs for which the transfer is intended, and without exceeding the total eligible costs indicated in Article 3 of the specific grant agreement. He shall inform the Commission in writing.

Appears in 2 contracts

Samples: Framework Agreement, Framework Agreement

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Adjustment of the estimated budget. By way of derogation from Article II.14II.14 of the framework agreement, the partner may, when carrying out the action, adjust the estimated budget by transfers between headings of eligible costs, provided that this adjustment of expenditure does not affect the implementation of the action and that the transfer between headings does not exceed 10% of the amount of each heading of estimated eligible costs for which the transfer is intended, and without exceeding the total eligible costs indicated in Article 3 of the specific grant agreementagreements. He shall inform the Commission in writing.

Appears in 1 contract

Samples: Framework Partnership Agreement

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Adjustment of the estimated budget. By way of derogation from Article II.14II.14 of the framework agreement, the partner may, when carrying out the action, adjust the estimated budget by transfers between headings items of eligible costs, provided that this adjustment of expenditure does not affect the implementation of the action and that the transfer between headings items does not exceed 10% of the amount of each heading item of estimated eligible costs for which the transfer is intended, and without exceeding the total eligible costs indicated in Article 3 of the specific grant agreement3. He The partner shall inform the Commission ECDC in writing.

Appears in 1 contract

Samples: Framework Partnership Agreement

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