Budget transfers. The estimated budget breakdown indicated in Annex 2 may be adjusted by transfers of amounts between beneficiaries or between budget categories (or both). This does not require an amendment according to Article 55, if the action is implemented as described in Annex 1. The beneficiaries may not however:
Budget transfers. The budget in Annex 2 is an estimation. Therefore at the time of reporting, beneficiaries may declare costs that are different from the estimated eligible costs in the budget. In particular, beneficiaries may transfer budget among themselves or between budget categories without the need of a notification to the Commission/Agency or an amendment (see Article 55) if the action is implemented as described in Annex 1. The maximum grant amount (see Article 5) can however never be increased. If the incurred eligible costs are lower than the estimated eligible costs, the difference can be allocated to another beneficiary or another budget category. The amount reimbursed for the other beneficiary (by application of its reimbursement rate) or for the other budget category (to which the budget transfer is intended) may thus be higher than planned.
Budget transfers. The Partner Organisation is not allowed to make any transfer of funds from one budget heading to another. All budget-related issues shall be consulted and agreed formally by the Coordinator.
Budget transfers. The budget in Annex 2 is an estimation. Therefore at the time of reporting, beneficiaries may declare costs that are different from the estimated eligible costs in the budget. Moreover, beneficiaries may transfer budget among themselves, between linked third parties or between budget categories — without requesting an amendment (see Article 55) (unless Annex 1 must be changed).
5.1) can however NEVER be increased. If the incurred eligible costs are lower than the estimated eligible costs, the difference can be allocated to another beneficiary or another budget category. The amount reimbursed for the other beneficiary (by application of its reimbursement rate) or for the other budget category (to which the budget transfer is intended) may thus be higher than planned. 1 while the actual personnel costs of Beneficiary B are EUR 60 000. This may be acceptable provided the additional costs of Beneficiary A fulfil the eligibility requirements of Article 6 and up to the maximum grant amount set out in Article 5.1 (at the level of the action).
Budget transfers. 1. The Executive Committee may amend the budget if deemed necessary to meet unforeseen contingencies.
2. Budget adjustments within individual programs, funds, functions and objects may be made after budget adjustment requests are submitted and approved by the Executive Director.
3. Budget adjustments between funds will be made with the approval of the Executive Committee.
Budget transfers. The beneficiary is allowed to adjust the estimated budget set out in Annex III by transfers between the different budget categories, if the action is implemented as described in Annex I. This adjustment does not require an amendment of the Agreement as provided for in Article II.13. However, the beneficiary may not add costs relating to subcontracts not provided for in Annex 1, unless such additional subcontracts are approved by Frontex in accordance with Article II.11.1(d).
Budget transfers. Appropriations carried from one year to the next due to projects not concluded during the budgeted term (for reasons such as lack of equipment, import procedures, bad weather, etc.) will be deemed budget transfers. Nondeveloped project full value will be carried to the following year budget and will be subject to Executive Committee approval. These projects will be expressly included in the budget taking into account the disbursement schedule provided in this Agreement Clause 15 (section 15.4). Additionally, budget transfers will originate an exhibit explaining budget transfer causes and how will the budget be executed within the next term.
Budget transfers. Contractor may request to transfer funds between budget category by formal, signed letter from Contractor, or designee, to the Executive Director of the Workforce Alliance of the North Bay.
Budget transfers. The budget in Annex 2 is an estimation. Therefore at the time of reporting, beneficiaries may declare costs that are different from the estimated eligible costs in the budget. In particular, beneficiaries may transfer budget among themselves or between budget categories without the need of a notification to the Commission/Agency or an amendment (see Article 55) if the action is implemented as described in Annex 1. The maximum grant amount mentioned in Article 5 cannot however be increased.
Budget transfers. 6.1. Without prejudice to Article Il.13 of the General Conditions of the Agreement No 2019-1- CZ01-KA203-061374 and provided that the Project is implemented as described in Annex II, the Parties are allowed to adjust the estimated budget set out in the Project, by transfers between the different budget categories, without this adjustment being considered as an amendment ofthe Agreement within the meaning of Article Il.13 of the General Conditions provided that the following rules are respected:
6.1.1. The Parties are allowed to transfer up to 20% of the funds allocated for Project Management and Implementation, Transnational Project Meetings, Intellectual Outputs, Multiplier Events, Learning/teaching/training activities and Exceptional costs to any other budget category with the exception of the budget categories Project management and implementation costs and Exceptional costs.
6.1.2. Any budget transfer shall result in an increase of maximum 20% of the amount awarded to that budget category as specified in Annex I.
