Common use of Major Changes Clause in Contracts

Major Changes. a. A major change will be considered to signify any change affecting the value, duration, activities and results, changes which would call into question the decision to allocate the grant, and also the eligibility of the Promoter, changes to the budget lines of the project, if they do not affect the main objective of the project, and the financial impact exceeds 20% of the amount initially allocated for one eligible expenditure budget line under another eligible expenditure budget line(s) included in the detailed project budget. b. If the modification is requested by the Promoter, it must send the request to the PO at least 10 days before the date on which the amendment is intended to enter into force. c. The Promoter shall attach to the request the justification for the change it wishes to make, the possible impact on the budget lines and the risk assessment on the activities and results of the project, as well as the proposal for an amendment. d. The Programme Operator shall analyze the documents received and if the modification is necessary and duly justified, grant approval to the amendment of the contract by signing the addendum which will become part of the contract.

Major Changes. a. A major change will be considered to signify any change affecting the value, duration, activities and results, changes which would call into question the decision to allocate the grant, and also the eligibility of the Promoter, changes to the budget lines of the project, if they do not affect the main objective of the project, and the financial impact exceeds 20% of the amount initially allocated for one eligible expenditure budget line under another eligible expenditure budget line(s) included in the detailed project budget. b. If the modification is requested by the Promoter, it must send the request to the PO at least 10 days before the date on which the amendment is intended to enter into force. c. The Promoter shall attach to the request the justification for the change it wishes to make, the possible impact on the budget lines and the risk assessment on the activities and results of the project, as well as the proposal prPOosal for an amendment. d. The Programme Operator shall analyze the documents received and if the modification is necessary and duly justified, grant approval to the amendment of the contract by signing the addendum which will become part of the contract.