Common use of Budget transfers Clause in Contracts

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).

Appears in 4 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!