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This template includes the minimum requirements. (If needed the Project Promoter and Partner(s) can agree on a more extensive agreement.)
Template Partnership Agreement, Green Industry Innovation 1 Programme Romania v.1.0. 11 03 2012
any factors that may adversely affect implementation of the project activities and/or financial plan; 4.4 The Project Promoter is responsible for the reception of payments from Innovation Norway and the management of the grant, in particular the timely onward transfer to the Project Partner(s); review of the appropriate spending of the grant by the Project Partner(s); and consolidation of the project-related individual accounting records of the Project Partner(s) and preparation of all required documents and records for the final audit (with assistance of the Project Partner(s)); 4.5 The Project Promoter is responsible for the preparation of a Project Implementation Plan setting out the activities to be undertaken as part of the project and the role of the Project Partner(s) in their implementation, and a detailed activity based project budget. The project budget shall include provisions on the financial arrangements between the parties, including, but not limited to, which expenditure the Project Partner(s) can get reimbursed from the project budget, with detailed itemised costs and unit prices. The budget shall also, if applicable, include currency exchange rules for such expenditure and its reimbursement; 4.6 The Project Promoter is responsible for the preparation and submission of interim project reports in connection with the payment claims, the final project report (last interim report), yearly reports on project results and impact (including performance on indicators) as well as a Completion R. Any other follow-up of budget documentation, financial declarations, financial reports and application for budget or contract clause alterations; 4.7 Other tasks agreed with the Project Partner(s).
Template Partnership Agreement, Green Industry Innovation 3 Programme Romania v.1.0. 11 03 2012
Template Partnership Agreement, Green Industry Innovation 4 Programme Romania v.1.0. 11 03 2012
9.1 For audit purposes, the Project Promoter and the Project Partner(s) shall agree to carry out audits as specified in the Project Contract (to be signed between the Project Promoter and Innovation Norway). 9.2 The partners shall make all the necessary arrangements to ensure that any audits notified by Office of the Auditor General of Norway and/or an auditor appointed by Innovation Norway can be carried out. 9.3 For cash flow purposes between Project Promoter and Partner(s) please provide a cash flow estimation for the entire period of the project. You are free to provide your own template of the cash flow.
In the event of total or partial incompletion of the obligations of any of the Project Partners or in the event of material errors in the effective execution of project activities, each cosignatory member of the present Partnership Agreement undertakes to reimburse the Project Promoter any funds that have been unduly received, within the month following notification.
Written in [specify the town] in [specify number] original copies, on [specify date] [Name of Project Promoter] [Name and title of legal representative] [Signature and stamp] [Name of Project Partner(s)]
Template Partnership Agreement, Green Industry Innovation 6 Programme Romania v.1.0. 11 03 2012
Template Partnership Agreement, Green Industry Innovation 7 Programme Romania v.1.0. 11 03 2012