Common use of FINANCIAL PROGRESS Clause in Contracts

FINANCIAL PROGRESS. In this section, the following will be presented: - Detailed expenditures incurred during the current reporting period; - Balance sheet situation at the date of the report; - Expenditures estimation for the next reporting period. The information mentioned above will be structured according to the model Intermediary (financial) Progress Report (Annex 2) attached to this document. Annex 2 – Intermediary (financial) Progress Report Entity name: Project title and code: Total Project value: Non-reimbursable financing value: Reporting period: month/year - month/year Activity/expenditure category Type, no. and date of the justifying document Amount paid without VAT (XXX) Amount paid VAT included (XXX) Amount approved in the budget Type, no. and date of the payment proving document Amount paid in EURO/XXX National Co- financing (XXX) 15% FM EEA grant contribution (XXX) 85% Activity 1- ....... expenditure category x... ………… …………. TOTAL month TOTAL month TOTAL ACTIVITY 1 ACTIVITY 2 , etc.-………… TOTAL month TOTAL month TOTAL ACTIVITY 2 ACTIVITY 3 , etc. OVERALL TOTAL Estimation of the expenditures that are to be incurred during the next reporting period Next reporting period: month/year - month/year Expenditure category Amount estimated without VAT (XXX) Amount estimated VAT included (XXX) Amount approved in the budget Amount estimated in EURO National Co- financing (XXX) 15% FM EEA grant contribution (XXX) 85% Activity 1 - ....... expenditure category x... ………….. ……………. TOTAL ACTIVITY 1 ACTIVITY 2 - ....... TOTAL ACTIVITY 2 ACTIVITY 3 ……. Etc. OVERALL TOTAL SIGNATURE, Legal Representative Annex 3 FINAL TECHNICAL FINANCIAL PROJECT REPORT Name of the organization, contact details Project title and code Project location The value of the project XXX/EURO The initial implementation period of the project, according to the financing contract As provided in the financing contract at the date of its signing. Effective project implementation period The number of months and the implementation period will be specified according to the last additional act extending the project implementation period. Reporting period From the date of signing the contract until the last day of implementation according to the financing contract and the last act additional extension of the period of implementation. Summary The general objective of the project: (description of it as it was provided in annex no. 1 - Application for Financing) Specific Objectives: (the intended objectives will be listed in annex no. 1 -Application for Financing) Project activities: (as provided in annex no. 1 - Application for Financing)

FINANCIAL PROGRESS. In this section, the following will be presented: - Detailed expenditures incurred during the current reporting period; - Balance sheet situation at the date of the report; - Expenditures estimation for the next reporting period. The information mentioned above will be structured according to the model Intermediary (financial) Progress Financial Report (as presented in Annex 2) attached to 22 of this document), for the verification and authorization of expenditures within the projects financed by the RO-Environment Program. 2 Annex 2 will be filled by using the provided electronic format (.xls) Annex 2 – Intermediary (financial) Progress Report Entity name: Project title and code: Total Project value: Non-reimbursable financing value: Reporting period: month/year - month/year Activity/expenditure category Type, no. and date of the justifying document Amount paid without VAT (XXX) Amount paid VAT included (XXX) Amount approved in the budget Type, no. and date of the payment proving document Amount paid in EURO/XXX EURO National Co- financing (XXX) 15% FM EEA grant contribution (XXX) 85% Contribution of the Applicant/Pa rteners (XXX) - 10% Activity 1- ....... 1 ……………. expenditure category x... ………… …………. … … TOTAL month TOTAL month TOTAL ACTIVITY 1 ACTIVITY 2 , etc.-………… etc. TOTAL month TOTAL month TOTAL ACTIVITY 2 ACTIVITY 3 , etc. OVERALL TOTAL Estimation of the expenditures that are to be incurred during the next reporting period Next reporting period: month/year - month/year Expenditure category Amount estimated without VAT (XXX) Amount estimated VAT included (XXX) Amount approved in the budget Amount estimated in EURO National Co- financing (XXX) 15% FM EEA grant contribution (XXX) 85% Contribution of the Applicant/Parteners (XXX) - 10% Activity 1 - ....... expenditure category x... ………….. ……………. expenditure category x... … … TOTAL ACTIVITY 1 ACTIVITY 2 - ....... TOTAL ACTIVITY 2 ACTIVITY 3 ……. Etc. … OVERALL TOTAL SIGNATURE, Legal Representative Annex 3 FINAL TECHNICAL FINANCIAL PROJECT REPORT Name of the organization, contact details Project title and code Project location The value of the project XXX/EURO Euro The initial implementation period of the project, according to the financing contract As provided in the financing contract at the date of its signing. Effective project implementation period The number of months and the implementation period will be specified according to the last additional act extending the project implementation period. Reporting period From the date of signing the contract until the last day of implementation according to the financing contract and the last act additional extension of the period of implementation. Summary The general objective of the project: (description of it as it was provided in annex no. 1 - Application for Financing6 to the financing contract) Specific Objectives: (the intended objectives will be listed in annex no. 1 -Application for Financing6 to the financing contract) Project activities: (as provided in annex no. 1 - Application for Financing6 to the financing contract)

FINANCIAL PROGRESS. In this section, the following will be presented: - Detailed expenditures incurred during the current reporting period; - Balance sheet situation at the date of the report; - Expenditures estimation for the next reporting period. The information mentioned above will be structured according to the model Intermediary (financial) Progress Report (Annex 2) attached to this document. Annex 2 – Intermediary (financial) Progress Report Entity name: Project title and code: Total Project value: Non-reimbursable financing value: Reporting period: month/year - month/year Activity/expenditure category Type, no. and date of the justifying document Amount paid without VAT (XXX) Amount paid VAT included (XXX) Amount approved in the budget Type, no. and date of the payment proving document Amount paid in EURO/XXX National Co- financing (XXX) 15% FM EEA grant contribution (XXX) 85% Activity 1- ....... expenditure category x... ………… …………. TOTAL month TOTAL month TOTAL ACTIVITY 1 ACTIVITY 2 , etc.-………… TOTAL month TOTAL month TOTAL ACTIVITY 2 ACTIVITY 3 , etc. OVERALL TOTAL Estimation of the expenditures that are to be incurred during the next reporting period Next reporting period: month/year - month/year Expenditure category Amount estimated without VAT (XXX) Amount estimated VAT included (XXX) Amount approved in the budget Amount estimated in EURO National Co- financing (XXX) 15% FM EEA grant contribution (XXX) 85% Activity 1 - ....... expenditure category x... ………….. ……………. TOTAL ACTIVITY 1 ACTIVITY 2 - ....... TOTAL ACTIVITY 2 ACTIVITY 3 ……. Etc. OVERALL TOTAL SIGNATURE, Legal Representative Annex 3 FINAL TECHNICAL FINANCIAL PROJECT REPORT Name of the organization, contact details Project title and code Project location The value of the project XXX/EURO The initial implementation period of the project, according to the financing contract As provided in the financing contract at the date of its signing. Effective project implementation period The number of months and the implementation period will be specified according to the last additional act extending the project implementation period. Reporting period From the date of signing the contract until the last day of implementation according to the financing contract and the last act additional extension of the period of implementation. Summary The general objective of the project: (description of it as it was provided in annex no. 1 - Application for Financingfinancing) Specific Objectives: (the intended objectives will be listed in annex no. 1 -Application Application for Financingfinancing) Project activities: (as provided in annex no. 1 - Application for Financingfinancing)

FINANCIAL PROGRESS. In this section, the following will be presented: - Detailed expenditures incurred during the current reporting period; - Balance sheet situation at the date of the report; - Expenditures estimation for the next reporting period. The information mentioned above will be structured according to the model Intermediary (financial) Progress Financial Report (as presented in Annex 2) attached to 22 of this document), for the verification and authorization of expenditures within the projects financed by the RO-Environment Program. 2 Annex 2 will be filled by using the provided electronic format (.xls) Annex 2 – Intermediary (financial) Progress Report Entity name: Project title and code: Total Project value: Non-reimbursable financing value: Reporting period: month/year - month/year Activity/expenditure category Type, no. and date of the justifying document Amount paid without VAT (XXX) Amount paid VAT included (XXX) Amount approved in the budget Type, no. and date of the payment proving document Amount paid in EURO/XXX National Co- financing (XXX) 15% FM EEA grant contribution (XXX) 85% Activity 1- ....... expenditure category x... ………… …………. TOTAL month TOTAL month TOTAL ACTIVITY 1 ACTIVITY 2 , etc.-………… TOTAL month TOTAL month TOTAL ACTIVITY 2 ACTIVITY 3 , etc. OVERALL TOTAL Estimation of the expenditures that are to be incurred during the next reporting period Next reporting period: month/year - month/year Expenditure category Amount estimated without VAT (XXX) Amount estimated VAT included (XXX) Amount approved in the budget Amount estimated in EURO National Co- financing (XXX) 15% FM EEA grant contribution (XXX) 85% Activity 1 - ....... expenditure category x... ………….. ……………. TOTAL ACTIVITY 1 ACTIVITY 2 - ....... TOTAL ACTIVITY 2 ACTIVITY 3 ……. Etc. OVERALL TOTAL SIGNATURE, Legal Representative Annex 3 FINAL TECHNICAL FINANCIAL PROJECT REPORT Name of the organization, contact details Project title and code Project location The value of the project XXX/EURO euro The initial implementation period of the project, according to the financing contract As provided in the financing contract at the date of its signing. Effective project implementation period The number of months and the implementation period will be specified according to the last additional act extending the project implementation period. Reporting period From the date of signing the contract until the last day of implementation according to the financing contract and the last act additional extension of the period of implementation. Summary The general objective of the project: (description of it as it was provided in annex no. 1 - Application for Financing6 to the financing contract) Specific Objectives: (the intended objectives will be listed in annex no. 1 -Application for Financing6 to the financing contract) Project activities: (as provided in annex no. 1 - Application for Financing6 to the financing contract)