Common use of Budget transfers without amendment Clause in Contracts

Budget transfers without amendment. The beneficiary is allowed to transfer funds between the different budget categories resulting in a change of the estimated budget and the related activities described in Annex II, without requesting an amendment of the Agreement as specified in Article II.13, under the condition that: the Project is implemented in accordance with the approved project application and overall objectives described in Annex II and the following specific rules are respected: Funds allocated to Organisational Support may not be increased. A maximum of 20% of the total funds initially allocated for ErasmusPro activities (Organisational Support, Travel and Individual Support, including funds allocated to Advance Planning Visits) may be transferred to other types of activities. The total funds initially allocated for ErasmusPro Advance Planning Visits (Travel and Individual Support) may be increased by a maximum of 20%. The total funds initially allocated for staff mobility (Travel and Individual Support) may be increased by a maximum of 20%. Funds allocated for Special Needs Support and Exceptional Costs for support to learners with fewer opportunities may not be transferred to another budget category.

Budget transfers without amendment. The beneficiary is allowed to transfer funds between the different budget categories resulting in a change of the estimated budget and the related activities described in Annex II, without requesting an amendment of the Agreement as specified in Article II.13, under the condition that: that the Project is implemented in accordance with the approved project application and overall objectives described in Annex II II, and the following specific rules are respected: Funds allocated to Organisational Support may not be increased. A maximum of 20% of the total funds initially allocated for ErasmusPro activities (Organisational Support, Travel and Individual Support, including funds allocated to Advance Planning Visits) may be transferred to other types of activities. The total funds initially allocated for ErasmusPro Advance Planning Visits (Travel and Individual Support) may be increased by a maximum of 20%. The total funds initially allocated for staff mobility (Travel and Individual Support) may be increased by a maximum of 20%. Funds allocated for Special Needs Support and Exceptional Costs for support to learners with fewer opportunities may not be transferred to another budget category.. – REPORTING AND PAYMENT ARRANGEMENTS The following reporting and payment provisions2 shall apply:

Budget transfers without amendment. The beneficiary is allowed to transfer funds between the different budget categories resulting in a change of the estimated budget and the related activities described in Annex II, without requesting an amendment of the Agreement as specified in Article II.13, under the condition that: that the Project is implemented in accordance with the approved project application and overall objectives described in Annex II II, and the following specific rules are respected: Funds allocated to Organisational Support may not be increased. A maximum of 20% of the total funds initially allocated for ErasmusPro activities (Organisational Support, Travel and Individual Support, including funds allocated to Advance Planning Visits) may be transferred to other types of activities. The total funds initially allocated for ErasmusPro Advance Planning Visits (Travel and Individual Support) may be increased by a maximum of 20%. The total funds initially allocated for staff mobility (Travel and Individual Support) may be increased by a maximum of 20%. Funds allocated for Special Needs Support and Exceptional Costs for support to learners with fewer opportunities may not be transferred to another budget category.