CIBR Blog

What a potential beneficiary should know on structural funds.
 
“Necessary documents and steps to be taken to obtain these funds.”

1. Who is the eligible beneficiary ?

It meets the eligibility criteria as settled in the Complementary Program concerning each 
It observes the possible specific requirements as settled by Management Authority at the  moment when the „request for projects”, is launched and in the Applicant’s Guide, as well;

It has an organization form complying with the Romanian legislation and is registered in  Romania.

2. How is the project eligible ?

It is present on the list of eligible operations, as presented in the Complementary Program  for each major intervention field;
It is addressed to a target area or group (as the case may be), as presented in the  Complementary Program or in the Applicant’s Guide;
Length and value of the required financing frames within the limits determined in the    “request for projects”;
It observes the community and national policies and norms as to the state aid, public  acquisitions, respectively equality of chances, sustainable development.
 
It is developed and implemented on the Romanian territory;

 
3. What co-financing do you need to elaborate a structural funds project ?

The beneficiary must cover the non-eligible expenses and the co-financing from the total cost of the project.

Co-financing may be also represented by the beneficiary’s contribution in kind, as it is presented in the Manual concerning the expenses eligibility and in the Applicant’s Guide.

Likewise, the eligible expenses for each separate project will be settled by the Management Authorities in compliance with the national eligibility rules. Therefore, when “request for projects” is launched, the Management Authority will make public the list containing the eligible expenses of the related projects.

4. What documents do you need to submit a project ?

The necessary documents depend on the project type:

• Technical project, as the case may be;
• Construction authorization;
• Environmental approval;
• Environmental strategic evaluation;
• Co-financing confirming documents;
• Details on the contribution in kind;
• Property title / Concession deed;
• Accounting documents of the company;
• Fiscal Record of the person authorized to submit the financing demand and the person in  charge with the project;
• Certificate of no debts towards the state budget (obtained from the Financial Department).
• Economic and financial analysis;
• Risk analysis;
• Feasibility study;

5. How do you obtain the financing ?

Steps to be taken within the process of obtaining financing.

Step 1: Eligible beneficiaries fill in the financing demand and the enclosures as required by the Management Authority. There is an unique form of “application for financing” intended for all the three structural instruments, with enclosures differentiated for each separate fund.

Step 2: The financing application is transmitted to the Intermediary Body / Management Authority.

Step 3: The administrative conformity of the financing application will be verified in compliance with the internal procedures of each Management Authority.

Step 4: After the administrative conformity, the project eligibility verification will be made. Eligibility criteria for the projects are presented in the Complementary Program and have to be approved by the Monitoring Committee.

Step 5: Project technical and financial evaluation.

Step 6: Selection of the project according to the criteria approved by the Monitoring Committee.

Step 7: Financing Contract Project approving and signing.

Dipl. Ir. Freddy M.E. Jacobs
PBS Worldwide
frjacobs@pandora.be
0478/331.799
 
WWW.PBSWORLDWIDE.COM