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Final Payment Execution Guidelines for Partners
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Learn about the process for third and final payments, ensuring partners meet the 75% cost threshold. Details on returns and justifications included.
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Final Payment Execution Guidelines for Partners
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Presentation Transcript
Finantial Execution Overview October/07 – September/09
Final Payment • In order to receive a 3rd and final payment, the total amount already received by each partner (1st + 2nd payments), must be the maximum of 75% of the total costs justified in the final report. • In case this doesn’t happen, the amount must be returned acoording to the amount received but not spent/justified.
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