This document is an activity agreement between a Swiss Intermediate Body and an Executing Agency for the implementation of a project. It outlines the objectives, duration, budget, payment arrangements, reporting requirements, and annexes of the agreement. The Executing Agency will receive a grant not exceeding CHF [amount] to implement the project described in Annex I, and must adhere to the terms and conditions set out in the agreement and its annexes.
Go through two actual contracts of your choice, highlighting key el.pdfarrowvisionoptics
Go through two actual contracts of your choice, highlighting key elements and sections in each
of them. Identify contract terms conditions and any Act or legislations. Look whether breaching
of contract is mentioned and what are the penalties if so. Compare both according to your
analysis
Solution
CONTRACT 1
PROJECT AGREEMENT
The present Agreement, drafted in the context of the Community programme SOCRATES
governs relations between:
(TRADS)
whose registered offices are at (Bhopal, INDIA)
represented by (Mr. Manik)
hereinafter
“the Contractor” and
(ASDF)
whose registered offices are at (MP, INDIA)
represented by (Mr. N.Bhatia)
hereinafter “the Partner”
The parties hereby agree as follows:
Article/Subject
With regard to the provisions of Council Decision 95/EC establishing the SOCRATES
programme, the Contractor and the Partner undertake to carry out the programme of the work
which is the subject of the present Agreement, within the framework of agreement No.33 signed
between the Contractor and the European Commission and concerning the pilot project entitled
(DOKLAM)
The total cost of this project for the contractual period covered by agreement No.33 is estimated
at 311.44 crore INR (inclusive all possible taxes).
The Community contribution shall not exceed 90 % of the total cost of the project. n the event
that the actual eligible expenses shall be lower than the above sum, the Community contribution
shall be restricted to 80 % of the eligible expenses. nder no circumstances may the financial aid
provided result in a profit.The present Agreement governs the relations between the parties and
their respective rights and obligations with respect to their involvement in the project. he subject
of the present Agreement and the associated programme of work are detailed in the Annexes,
which form an integral part of the Agreement and which each party declares to have read and
approved.
Article/Duration
The present Agreement shall come into effect on (01/03/2002) for a period of3 years and shall
end on (01/03/2005)
Obligations of the Contractor
The Contractor undertakes to:
- make the necessary arrangements for the preparation, execution and smooth running of the
programme of work which is the subject of the present Agreement, with a view to achieving the
objectives of the pilot project as described in the Agreement signed between the European
Commission and the Contractor.
- provide the Partner with copies of the official documents pertaining to the pilot project, such as
Agreement between the Contractor and the European Commission and the various reports.
- inform the Partner of any change made in Agreement No. (33.)
Obligations of the Partner
The partner organisation undertakes to:
- make the necessary arrangements for the preparation, execution and smooth running of the
programme of work which is the subject of the present Agreement, with a view to achieving the
objectives of the pilot project as described in the Agreement signed between the Europ.
Go through two actual contracts of your choice, highlighting key el.pdfarrowvisionoptics
Go through two actual contracts of your choice, highlighting key elements and sections in each
of them. Identify contract terms conditions and any Act or legislations. Look whether breaching
of contract is mentioned and what are the penalties if so. Compare both according to your
analysis
Solution
CONTRACT 1
PROJECT AGREEMENT
The present Agreement, drafted in the context of the Community programme SOCRATES
governs relations between:
(TRADS)
whose registered offices are at (Bhopal, INDIA)
represented by (Mr. Manik)
hereinafter
“the Contractor” and
(ASDF)
whose registered offices are at (MP, INDIA)
represented by (Mr. N.Bhatia)
hereinafter “the Partner”
The parties hereby agree as follows:
Article/Subject
With regard to the provisions of Council Decision 95/EC establishing the SOCRATES
programme, the Contractor and the Partner undertake to carry out the programme of the work
which is the subject of the present Agreement, within the framework of agreement No.33 signed
between the Contractor and the European Commission and concerning the pilot project entitled
(DOKLAM)
The total cost of this project for the contractual period covered by agreement No.33 is estimated
at 311.44 crore INR (inclusive all possible taxes).
The Community contribution shall not exceed 90 % of the total cost of the project. n the event
that the actual eligible expenses shall be lower than the above sum, the Community contribution
shall be restricted to 80 % of the eligible expenses. nder no circumstances may the financial aid
provided result in a profit.The present Agreement governs the relations between the parties and
their respective rights and obligations with respect to their involvement in the project. he subject
of the present Agreement and the associated programme of work are detailed in the Annexes,
which form an integral part of the Agreement and which each party declares to have read and
approved.
Article/Duration
The present Agreement shall come into effect on (01/03/2002) for a period of3 years and shall
end on (01/03/2005)
Obligations of the Contractor
The Contractor undertakes to:
- make the necessary arrangements for the preparation, execution and smooth running of the
programme of work which is the subject of the present Agreement, with a view to achieving the
objectives of the pilot project as described in the Agreement signed between the European
Commission and the Contractor.
- provide the Partner with copies of the official documents pertaining to the pilot project, such as
Agreement between the Contractor and the European Commission and the various reports.
- inform the Partner of any change made in Agreement No. (33.)
Obligations of the Partner
The partner organisation undertakes to:
- make the necessary arrangements for the preparation, execution and smooth running of the
programme of work which is the subject of the present Agreement, with a view to achieving the
objectives of the pilot project as described in the Agreement signed between the Europ.
EU spends 5 MIO EUR for media campaign in Turkey Thierry Debels
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B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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Activity agreement r2_pf
1. 1
1
Partnership Block Grant
Call for Proposals 2014
Activity Agreement
PF xx
between
Swiss Intermediate Body, represented by <CSDF/REPF> (named in Romanian as
FDSC/FP), with its headquarter in <full address>, Romania, fiscal identification code
<fiscal identification code of the organization>, hereafter called the SIB
and
<name of the organization>, with its headquarter in <full address>, Romania, fiscal
identification code1
<fiscal identification code of the organization>, hereafter called the
Executing Agency (EA).
Both parties agree the following:
Article 1 – Object of the Agreement
1.1 The purpose of this Agreement is the award of a grant by the SIB to the Executing
Agency for the implementation of the project entitled <title of the project>,
described in Annex I.
1.2 The Executing Agency will be awarded the grant following the terms and conditions
set out in this Agreement, together with its Annexes, which the Executing Agency
hereby declares having taken notice of and accepted.
1.3 The Executing Agency accepts the grant and agrees to carry out the project under
its own responsibility.
Article 2 – Duration of the Agreement
2.1 This Agreement shall enter into force on the date when the last of the two parties
signs.
1
In case an organization owns multiple fiscal codes, please specify all of them here.
2. 2
2
2.2 The implementation of the project shall begin on <date> and the date of termination
is <date>. The duration of the project is <number of months> months.
2.3 This Agreement shall be terminated at the latest in the moment of the final payment
to the EA or, if the case, of the recovering of grant amounts from the EA (in cases
mentioned in Annex III, Article12).
Article 3 – Budget
3.1 The total eligible costs of the project are estimated at CHF <amount>, as set out in
Annex II.
3.2 Out of the total eligible costs of the project the SIB will cover a maximum amount of
CHF <amount>, equivalent to <percentage>% of the total eligible costs indicated
under Article 3.1.
3.3 The amount contributed by the EA and/or the partner/s is CHF <amount>,
equivalent to <percentage>% of the total eligible costs indicated under Article 3.1.
3.4 The final amounts specified under Articles 3.2 and 3.3 will be established in
accordance with article 17 of Annex III.
Article 4 – Payment Arrangements and Accounting
4.1 Payments will be made based on the Request for Payment (template provided in
Annex V) and according to the provisions of Annex III, article 15.
4.2 The estimated amount for each payment, according to Article 3.2 above, is the
following:
Payment type Percentage from the total
grant amount
Amount to be paid
(CHF)
Advance payment 20%, but not exceeding
75% from the 1st year’s
budget
First instalment 30% or the difference
between 50% and the
percentage of the advance
received
Second instalment 30%
Third instalment max. 15%
Final payment approx. 5% or the balance
resulting from the final
report
Total grant amount 100%
3. 3
3
4.3 Payments shall be made by the SIB (CSDF) to the EA through the following bank
account only (in CHF), mentioned in the Financial Identification Form (template
provided in Annex V):
Name of the bank: <name>
Address of the bank: <full address>
Name of the account holder: <name>
IBAN: <account number>
SWIFT code: <code>
4.4 The EA declares, by signing this Agreement, that there is no double financing of
activities or costs included in the budget contained in this project.
Article 5 - Reporting
5.1 The EA must submit both technical and financial consolidated reports reflecting the
activities of the whole partnership, as well as external audit reports as stipulated in
Annex III, Article 2 and according to the templates provided in Annex VII.
5.2 The Swiss partner must submit to the EA the list of incurred expenditures for each
reporting period, according to Annex VII. Furthermore, the Swiss partner must also
submit a final financial report externally audited by an independent accredited
auditor and according to Annex IX. The financial reporting and documentation
requirements for the Swiss Partner are outlined in Annex III, Article 19.
5.3 The exchange rate to be used for financial reporting is according to Annex III,
Article 15.7.
Article 6 – Amendments to the Activity Agreement
6.1 Any changes to the Agreement or its Annexes must be made in writing, according
to Annex III, Article 9 and must be agreed by both signatory parties.
Article 7 – Contact Details
7.1 The communication related to this Agreement must be done in writing, stating the
contract number and must be sent to the following address:
For the Swiss Intermediate Body – CSDF/REPF
<full address>
Contact person: <name of the contact person>
(please note that any other person from CSDF/ REPF who is in charge with the
financing programme - for example senior/grant officer, senior/financial officer, PR
coordinator etc. – is also considered as contact persons within the Agreement)
E-mail: <e-mail address>
Tel: <telephone number>
Fax: <fax number>
For the Executing Agency – <name of the organization>
<full address>
4. 4
4
Contact person: <name of the contact person of the EA>
(please note that any other person from the EA who is in charge with the
implementation of the project - for example project assistant, PR coordinator etc. –
is also considered as contact person within the Agreement)
E-mail: <contact e-mail for the EA>
Tel: <telephone number>
Fax: <fax number>
Article 8 – Annexes
8.1 The following documents are annexed to this Agreement and constitute integral
parts of it:
Annex I: Description of the Project (Application dossier and correspondence
during pre-contracting phase)
Annex II: Budget of the Project
Annex III: General Conditions
Annex IV: Procurement Rules
Annex V: Templates Financial Identification Form, Request for Payment,
Financial Statement
Annex VI: Information and Promotion Guidelines
Annex VII: Templates Technical and Financial Reports
Annex VIII: Terms of References Financial Review/ Audit
Annex IX: Terms of Reference External Audit of Project Accounts for the Swiss
Partner/s
8.2 In the event of conflict between the provisions of the current Agreement and those
of its Annexes, the provisions of the first mentioned document shall take
precedence. In the event of conflict between the provisions of Annex III and those
of the other Annexes, those of Annex III shall take precedence.
Done in two original copies in English language, one original for each party.
For EA
<name of the organization>
For SIB
<name of the organization>
[name and position of the person certified to
sign the contract]
[name and position of the person
certified to sign the contract]
Signature Signature
Date Date