8. Grant Agreement

8.1 Which information is provided in the Grant Agreement?

The Grant Agreement sets out the terms of the relation between the beneficiary and Energy Cities, the coordinator of the EUCF, defining roles and responsibilities, milestones, and the timeline for the development of the investment concept. Moreover, the Grant Agreement determines the disbursement of the EUCF grant and requires the beneficiary to commit to the EUCF monitoring period in the implementation phase of the investment concept. A template of the Grant Agreement is provided on the EUCF website.

8.2 What is the timeline for the signature of the EUCF grant agreement?

The time period foreseen for the preparation and signature of the Grant Agreement is 2 (two) months as of the day when the successful applicant(s) was/were informed about its/their selection for the EUCF support.

If the successful applicant fails to sign the EUCF Grant Agreement within the given period, the EUCF reserves the right to annul the “awarding decision”, whereby consequently, an agreement with such applicant shall not be concluded, i.e., such applicant shall not be awarded with the respective financial support.

8.3 How is the EUCF grant paid?

The grant amount will be disbursed as follows:

  • Pre-financing of 70% of the total amount at the Grant Agreement signature;

  • Final payment of 30% of the total amount after positive validation of the investment concept.

8.4 In case a ‘grouping of cities’ apply for the EUCF grant, should all cities sign the Grant Agreement?

Only the lead applicant is responsible to sign the Grant Agreement and to disburse the amount among the partners.

8.5 Where can I find the template of the EUCF Grant Agreement ?

The model of the EUCF Grant Agreement can be downloaded here : https://www.eucityfacility.eu/fileadmin/user_upload/Model_EUCF_Grant_Agreement.pdf