Common use of Other financial issues Clause in Contracts

Other financial issues. 10.1. In order to ensure that Commission funds will remain available, and can be fully utilised, EC contributions will be expressed as the lower of an absolute amount and a percentage of projected total eligible expenditures. In the case of Multi-donor Actions, they will be expressed as absolute amounts rather than as percentages of projected total eligible expenditures where the final funding of the Action is not known at the time of signing the contribution- specific agreement. Where the EC contribution is expressed as the lower of an absolute amount and a percentage of projected total eligible expenditures, and such percentage is likely to change, the UN organisation will consult the Commission without delay so as to agree on appropriate measures, such as increasing the percentage of eligible expenditures. 10.2. In exceptional cases, including those mentioned in Article 2.4 above, the Commission may provide funding for an Action in progress provided that it has not started before the date on which the request for funding has been received. For humanitarian operations or other emergency assistance, the Commission may provide funding for an Action started by a humanitarian organisation before the date on which it has received the request for financing. In all cases this must be specified in the contribution-specific agreement. 10.3. In cases where the Action is suspended or not completed within the period defined in the contribution-specific agreement, the funds that remain unexpended after all liabilities incurred in this period have been satisfied, including interest earned (subject to Article 9.2), will be reimbursed to the Commission, unless agreed otherwise in writing. 10.4. The Commission will inform UN organisations with which it has or is likely to have contribution-specific agreements, on its programming intentions as early as possible in the budgetary exercise, including, on an indicative basis, the amounts likely to be available during the current exercise. 10.5. The Commission will make every effort to allow for the necessary flexibility to enable UN organisations operating in highly volatile situations to meet evolving needs during the implementation period. 10.6. The United Nations will make every effort to define in advance the aspects most likely to be affected by changes in a given situation. 10.7. The contribution-specific agreement will specify the degree of flexibility, including budgetary re-allocations, to be exercised by the United Nations. Any changes, including to the implementation period, shall be subject to prior written authorisation by the Commission. 10.8. The Commission may allow inclusion in the initial budget of a contribution- specific agreement of a contingency reserve, at the request of the UN organisation concerned, to cover any adjustment necessary in the light of changed circumstances on the ground. The contingency reserve should not be higher than 5% and can only be used with the prior written authorisation of the Commission. 10.9. In the case of co-financing, contributions in kind made by a UN organisation may not be considered as co-financing from such UN organisation nor as eligible costs in the contribution-specific agreement. 10.10. In the case of Multi-donor Actions, except as otherwise provided in this Agreement or in the relevant contribution-specific agreement, the UN organisation will ensure equal treatment among all donors.

Other financial issues. 10.1. In order to To ensure that Commission funds will remain available, and can be fully utilised, EC the maximum EU contributions will be expressed as the lower of an absolute amount and a percentage of projected total eligible expenditures. In the case of Multi-donor Actions, they will be expressed as absolute amounts rather than as percentages complemented by a percentage of projected total eligible expenditures where the final funding of the Action is not known at the time of signing the contribution- specific agreementfor grants. Where the EC EU contribution is expressed as the lower of an absolute amount and a percentage of projected total eligible expenditures, and such percentage is the conditions of implementation or expected level of funding are likely to change, the UN organisation will consult the Commission without delay so as to agree on appropriate measures, such as increasing the percentage of eligible expenditures. 10.2. In exceptional cases, including those mentioned in Article 2.4 above, the Commission may provide funding for an Action in progress provided that it has not started before the date on which the request for funding has been received. For humanitarian operations or other emergency assistance, the Commission may provide funding for an Action started by a humanitarian organisation before the date on which it has received the request for financing. In all cases this must be specified in the contribution-specific agreement. 10.3. In cases where the Action is suspended or not completed within the period defined in the contribution-specific agreement, the funds that remain unexpended after all liabilities incurred in this period have been satisfied, including interest earned (subject to Article 9.20), will be reimbursed to the Commission, unless agreed otherwise in writing. 10.4. The Commission will inform UN organisations with which it has or is likely to have contribution-specific agreements, on its programming intentions as early as possible in the budgetary exercise, including, on an indicative basis, the amounts likely to be available during the current exercise. 10.5. The Commission will make every effort to allow for the necessary flexibility to enable UN organisations operating in highly volatile situations to meet evolving needs during the implementation period. 10.6. The United Nations will make every effort to define in advance the aspects most likely to be affected by changes in a given situation. 10.7. The contribution-specific agreement will specify the degree of flexibility, including budgetary re-allocations, to be exercised by the United Nations. Any changes, including to the implementation period, shall be subject to prior written authorisation by the Commission. 10.8. The Commission may allow inclusion in the initial budget of a contribution- specific agreement of a contingency reserve, at the request of the UN organisation concerned, to cover any adjustment necessary in the light of changed circumstances on the ground. The contingency reserve should not be higher than 5% and can only be used with the prior written authorisation of the Commission. 10.9. In the case of co-financing, contributions in kind made by a UN organisation may not be considered as co-financing from such UN organisation nor as eligible costs in the contribution-specific agreement. 10.10. In the case of Multi-donor Actions, except as otherwise provided in this Agreement or in the relevant contribution-specific agreement, the UN organisation will ensure equal treatment among all donors.

Other financial issues. 10.1. In order to To ensure that Commission funds will remain available, and can be fully utilised, EC the maximum EU contributions will be expressed as the lower of an absolute amount and a percentage of projected total eligible expenditures. In the case of Multi-donor Actions, they will be expressed as absolute amounts rather than as percentages complemented, where appropriate, by a percentage of projected total eligible expenditures where the final funding of the Action is not known at the time of signing the contribution- specific agreementfor grants. Where the EC EU contribution is expressed as the lower of an absolute amount and a percentage of projected total eligible expenditures, and such percentage is the conditions of implementation or expected level of funding are likely to change, the UN organisation will consult the Commission without delay so as to agree on appropriate measures, such as increasing the percentage of eligible expenditures. 10.2. In exceptional cases, including those mentioned in Article 2.4 above, the Commission may provide funding for an Action in progress provided that it has not started before the date on which the request for funding has been received. For humanitarian operations, emergency support operations or for crisis management aid and in other emergency assistanceexceptional and duly substantiated emergencies, the Commission may provide funding for an Action started by a humanitarian organisation before the date on which it has received the request for financing. financing.5 In all cases this must be specified in the contribution-specific agreement.. 5 Retroactivity rules: - for grants: in the event of extreme urgency where an early engagement by the European Union would be of major importance, for the purposes of humanitarian aid-emergency support operations or for crisis 10.3. In cases where the Action is suspended or not completed within the period defined in the contribution-specific agreement, the funds that remain unexpended after all liabilities incurred in this period have been satisfied, including interest earned (subject to Article 9.29), will be reimbursed to the Commission, unless agreed otherwise in writing. 10.4. The Commission will inform UN organisations with which it has or is likely to have contribution-specific agreements, on its programming intentions as early as possible in the budgetary exercise, including, on an indicative basis, the amounts likely to be available during the current exercise. 10.5. The Commission will make every effort to allow for the necessary flexibility to enable UN organisations operating in highly volatile situations to meet evolving needs during the implementation period. 10.6. The United Nations will make every effort to define in advance the aspects most likely to be affected by changes in a given situation. 10.7. The contribution-specific agreement will specify the degree of flexibility, including budgetary re-allocations, to be exercised by the United Nations. Any changes, including to the implementation period, shall be subject to prior written authorisation by the Commission. 10.8. The Commission may allow inclusion in the initial budget of a contribution- specific agreement of a contingency reserve, at the request of the UN organisation concerned, to cover any adjustment necessary in the light of changed circumstances on the ground. The contingency reserve should not be higher than 5% and of the value of the direct eligible costs of the Action presented in the Budget. In case of Multi-donor Actions, the share of the contingency reserve that is proportional to the share of the EU contribution in the Budget of the Action can only be used with the prior written authorisation of the Commission. 10.9. In the case of co-financing, contributions in kind made by a UN organisation may not be considered as co-financing from such UN organisation nor as eligible costs in the contribution-specific agreement[deleted 31.12. 10.10. In the case of Multi-donor Actions, except as otherwise provided in this Agreement or in the relevant contribution-specific agreement, the UN organisation will ensure equal treatment among all donors.

Other financial issues. 10.1. In order to ensure that Commission funds will remain available, and can be fully utilised, EC contributions will be expressed as the lower of an absolute amount and a percentage of projected total eligible expenditures. In the case of Multi-donor Actions, they will be expressed as absolute amounts rather than as percentages of projected total eligible expenditures where the final funding of the Action is not known at the time of signing the contribution- contribution-specific agreement. Where the EC contribution is expressed as the lower of an absolute amount and a percentage of projected total eligible expenditures, and such percentage is likely to change, the UN organisation International Organisation will consult the Commission without delay so as to agree on appropriate measures, such as increasing the percentage of eligible expenditures. 10.2. In exceptional cases, including those the case mentioned in Article 2.4 above, the Commission may provide funding for an Action in progress provided that it has not started before the date on which the request for funding has been received. For In exceptional cases, in particular for primary emergency and urgent humanitarian operations or other emergency assistanceoperations, the Commission may provide funding for an Action started by a humanitarian organisation the International Organisation before the date on which it has received the request for financing. In all cases this must be specified in the contribution-specific agreement. 10.3. In cases where the Action is suspended or not completed within the period defined in the contribution-specific agreement, the funds that remain unexpended after all liabilities incurred in this period have been satisfied, including interest earned (subject to Article 9.2), will be reimbursed to the Commission, unless agreed otherwise in writing. 10.4. The Commission will inform UN organisations with which it has or is likely to have contribution-specific agreements, the International Organisation on its programming intentions as early as possible in the budgetary exercise, including, on an indicative basis, the amounts likely to be available during the current exercise. 10.5. The Commission will make every effort to allow for the necessary flexibility to enable UN organisations the International Organisation operating in highly volatile situations to meet evolving needs during the implementation period. 10.6. The United Nations International Organisation will make every effort to define in advance the aspects most likely to be affected by changes in a given situation. 10.7. The contribution-specific agreement will specify the degree of flexibility, including budgetary re-allocations, to be exercised by the United NationsInternational Organisation. Any changes, including to the implementation period, shall be subject to prior written authorisation by the Commission. 10.8. The Commission may allow inclusion in the initial budget of a contribution- contribution-specific agreement of a contingency reserve, at the request of the UN organisation International Organisation concerned, to cover any adjustment necessary in the light of changed circumstances on the ground. The contingency reserve should not be higher than 5% and can only be used with the prior written authorisation of the Commission. 10.9. In the case of co-financing, contributions in kind made by a UN organisation an International Organisation may not be considered as co-financing from such UN organisation International Organisation, nor as eligible costs in the contribution-specific agreement. 10.1000.00. In Xx the case of Multi-donor Actions, except as otherwise provided in this Agreement or in the relevant contribution-specific agreement, the UN organisation International Organisation will ensure equal treatment among all donors.

Other financial issues. 10.1. In order to ensure that Commission funds will remain available, and can be fully utilised, EC European Union contributions will be expressed as the lower of an absolute amount and a percentage of projected total eligible expenditures. In the case of Multi-donor Actions, they will be expressed as absolute amounts rather than as percentages of projected total eligible expenditures where the final funding of the Action is not known at the time of signing the contribution- specific agreementContribution Agreement. Where the EC European Union contribution is expressed as the lower of an absolute amount and a percentage of projected total eligible expenditures, and such percentage is likely to change, the UN organisation International Organisation will consult the Commission without delay so as to agree on appropriate measures, such as increasing the percentage of eligible expenditures. 10.2. In exceptional cases, including those the case mentioned in Article 2.4 above, the Commission may provide funding for an Action in progress provided that it has not started before the date on which the request for funding has been received. For In exceptional cases, in particular for primary emergency and urgent humanitarian operations or other emergency assistanceoperations, the Commission may provide funding for an Action started by a humanitarian organisation the International Organisation before the date on which it has received the request for financing. In all cases this must be specified in the contribution-specific agreementContribution Agreement. 10.3. In cases where the Action is suspended or not completed within the period defined in the contribution-specific agreementContribution Agreement, the funds that remain unexpended after all liabilities incurred in this period have been satisfied, including interest earned (subject to Article 9.2), will be reimbursed to the Commission, unless agreed otherwise in writing. 10.4. The Commission will inform UN organisations with which it has or is likely to have contribution-specific agreements, the International Organisation on its programming intentions as early as possible in the budgetary exercise, including, on an indicative basis, the amounts likely to be available during the current exercise. 10.5. The Commission will make every effort to allow for the necessary flexibility to enable UN organisations the International Organisation operating in highly volatile situations to meet evolving needs during the implementation period. 10.6. The United Nations International Organisation will make every effort to define in advance the aspects most likely to be affected by changes in a given situation. 10.7. The contribution-specific agreement Contribution Agreement will specify the degree of flexibility, including budgetary re-re- allocations, to be exercised by the United NationsInternational Organisation. Any changes, including to the implementation period, shall be subject to prior written authorisation by the Commission. 10.8. The Commission In the case of Multi-donor financing, contributions in kind made by another donor or by the International Organisation may allow inclusion not be considered as eligible costs in the initial budget of a contribution- specific agreement of a contingency reserve, at the request of the UN organisation concerned, to cover any adjustment necessary in the light of changed circumstances on the ground. The contingency reserve should not be higher than 5% and can only be used with the prior written authorisation of the CommissionContribution Agreement. 10.9. In the case of co-financing, contributions in kind made by a UN organisation may not be considered as co-financing from such UN organisation nor as eligible costs in the contribution-specific agreement. 10.10. In the case of Multi-donor Actions, except as otherwise provided in this Agreement or in Actions the relevant contribution-specific agreement, the UN organisation International Organisation will ensure equal treatment among all donors.