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.
Other financial issues. 10.1. To ensure that Commission funds will remain available, and can be fully utilised, the maximum EU contributions will be expressed as absolute amounts complemented by a percentage of total eligible expenditures for grants. Where the EU contribution is expressed as the lower of an absolute amount and a percentage of projected total eligible expenditures, and 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.
Other financial issues. Each partner’s total budget and funding (Requested EC contribution) is listed below. This table is taken from the Annex I (DoW) of the GA. Estimated eligible costs (whole duration of the project) Part. number Part. short name Coordination / Support (A) Management (B) Other (C) Total A+B+C EC contribution 1 UPF-MTG 74,169.00 42,500.00 0.00 116,669.00 104,030.00 2 STRO 71,856.00 30,531.00 0.00 102,387.00 91,295.00 3 OSGK-OFAI 87,972.00 9,264.00 0.00 97,236.00 86,701.00 4 IRCAM 77,067.00 0.00 0.00 77,067.00 68,713.00 5 INESC PORTO 80,773.00 8,977.00 0.00 89,750.00 80,021.00 6 QMUL 90,462.00 0.00 0.00 90,462.00 80,661.00 7 BMAT 69,061.00 0.00 0.00 69,061.00 61,579.00 TOTAL 551,360.00 91,272.00 0.00 642,632.00 573,000.00 The cost for carrying out the project is 642,632.00 € of which 573,000.00 € is financed by the European Commission. Payments are made to the Coordinator on behalf of the consortium. The coordinator is responsible for receiving and ensuring the distribution of the community financial contribution. The Commission shall make the following payments:
Other financial issues. Each partner’s total budget and funding appears on Annex II of the Grant Agreement. Payments are made to the Coordinator on behalf of the consortium. The Coordinator is responsible for receiving and ensuring the distribution of the community financial contribution. The Commission shall make the following payments:
