GRANT AGREEMENT between The FINANCIAL MECHANISM COMMITTEE established by Iceland, Liechtenstein and Norway and The Ministry of Finance of the Republic of Latvia, hereinafter referred to as the "Focal Point", representing the Republic of Latvia, hereinafter referred to as the "Beneficiary State" together hereinafter referred to as the "Parties" for the financing of the "NGO fund" hereinafter referred to as the "Fund"

6. pants

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Disbursement

to Intermediary (funds for re-granting)

6.1 Advance payment scheme:

Disbursements of the funds for

re-granting will be made as advance payment in a manner to be set

out in the Project Implementation Plan and requested through the

Project Interim Reports. It shall ensure that sufficient funds

are available for a timely transfer of funds to the

end-recipients, whether advance payments, subsequent instalments,

or final payments.

6.2 Subsequent disbursements:

N/A

7.

Disbursements to end-recipients

7.1 First date of eligibility:

Costs in sub-projects become

eligible at the date of the grant decision by the

Intermediary.

7.2 Advance payments and

disbursements:

Sub-project applications may

qualify for an initial advance payment of up to 25 percent of the

total grant which shall be paid at the time of the signing of the

agreement between the Intermediary and the end-recipient. An

additional 55 percent of the grant may be paid as advance

instalments, in equal shares for each quarter of the scheduled

implementation, after submission of a quarterly interim report.

The remaining 20 percent of the grant shall be paid when the

completion report has been approved by the Intermediary.

If the sub-project lasts three

months or less, no interim report is necessary, initial advance

payment is 80% and the remaining amount of the grant will be paid

after the approval of the final report.

8.

Publicity

8.1 Intermediary level:

The publicity measures shall be in

accordance with the Publicity Guidelines and the submitted

publicity plan. They shall ensure transparency by providing

possible applicants with adequate and high quality information

about EEA Grants in general, as well as be designed to raise

public awareness and disseminate information about the Fund.

In the first year of

implementation the focus of the publicity measures shall be on

informing the broader public about opportunities provided under

the Financial Mechanisms and encourage development of project

ideas to be submitted to the Fund. Activities in this period

include: advertisements, electronic leaflet, booklet and seminars

and development of a website.

Information and publicity

activities shall continue throughout the operation in order to

raise awareness of the available funds.

Before and during the call launch,

advertisements shall be made in national newspapers of the

Republic of Latvia (in Latvian and Russian). The call shall take

into account the principles of the Open Calls Guide. In

the subsequent years, follow-up advertisements shall be published

at least once a year. An electronic leaflet informing about the

launch of the Fund and informing about seminars shall be

developed.

The Intermediary shall organise

one to three information seminars in Riga, depending on number of

participants, and at least one seminar in each of the

regions.

A list of approved grant

applications shall be published and regularly updated on the

websites of the Intermediary and the Focal Point.

8.2 Sub project level:

The end-recipient must ensure that

appropriate visibility and credit is given to EEA Financial

Mechanism and Norwegian Financial Mechanism. This should be done

in reports and publications stemming from the sub projects, or

during public events associated with the sub project.