Common use of State Aid Clause in Contracts

State Aid. Processes are being established to ensure that schemes supported by the Wider Investment Fund are State Aid compliant. The business case templates will require Project Sponsors to confirm that their scheme complies with State aid Regulations and does not contravene State Aid Legislation. The templates will also require Project Sponsors to outline what advice (e.g. legal advice) they have had in relation to State Aid, and to confirm their acceptance of the following: “All applicants need to take steps to satisfy themselves that any CCR Wider Investment Fund funding approved does not amount to unlawful State Aid. A declaration of compliance with EU State Aid regulations will be required prior to any funding being provided. If your project is awarded funds it will be subject to a condition requiring the repayment of any funding in the event that the European Commission determines that the funding constitutes unlawful State Aid.” Where required, the Accountable Body will also conduct legal due diligence to obtain further confidence that State Aid requirements have been met.