IPA partners seminar Dubrovnik, 5 th February 2013 Advance payments.

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Presentation transcript:

IPA partners seminar Dubrovnik, 5 th February 2013 Advance payments

Payment of the IPA contribution to the IPA partner shall take 2 forms: On the IPA partner’s demand, a pre- financing payment Interim payments The pre-financing payment (advance payment) is a new mechanism in the MED programme financial flow

Advance payments The advance payment request shall be submitted by the IPA partner concerned itself In case of more than one IPA partner within the same project, each IPA partner must submit a different request

Advance payments Agreement with IPA delegations in the Selection Committee if advance for all programmed partners, or if there are exceptions Pre-financing payment may amount to 10% of the IPA contribution due to the IPA partner: –Upon signature of the IPA subsidy contract –Evidence that the project has started

Advance payments Reduction of 25% of the advance payment with each of the 4 first payment claims If partners declare an amount lower than 25% of the advance payment requested: –they will not be able to claim a reimbursement in the relevant reporting period –the part non deducted will be cumulated to the percentage to be deducted in the following reporting period.

Request for advance payment for IPA partners The template will be available in Presage very soon Until then, a Word format template will be used to ask for this pre- financing payment The Certifying Authority reminds the importance of the correctness of the bank information An official document issued by your bank will be requested together with the request for advance

Request for advance payment for IPA partners

Thank you for your attention! MED PROGRAMME JTS Région Provence-Alpes-Côte d'Azur 27, Place Jules Guesde Marseille Cedex 20 - France Tel: or Fax: