Identification

UMIS Number BG-RRP-3.009-0002-C01
Project Name Funding agreement between the Republic of Bulgaria and the European Investment Fund for the implementation and management of capital operations supported under of Recovery and resilience facility (RRF) in Bulgaria.
Beneficiary 25012023 European Investment Fund
Funding RRF ==> Recovery and Resilience Plan
Date of the Contract/Order 25.01.2023
Start Date 25.01.2023
End Date 25.01.2033
Status of Implementation of the Contract/Order of the Grant In execution (starting date)
Location of Performance
  • България

Description

Brief description 
Изпълнение на капиталови финансови инструменти по Фонд 1 и 3 в рамките на Инвестиция 2 (К3.И2): Програма за икономическа трансформация
Activities None

Participating Organizations

Partners None
Contractors None
Subcontractors None
Members of the Consortium None

Notes:

* The projected contract value may be lower than the reported one because of any of the following reasons:

  • For physical person, the contracted value does not include the employer expenses, which are admissible expenses and are accounted under the project
  • The Beneficiary has reported expense only with an invoice without a contract with the selected contractor
  • The beneficiary has reported over again expenses to the MA

** This column represents the amount of costs claimed by the beneficiary

Indicators

Indicator 1 Signature of the contribution agreement between the European Commission and the Government of the Republic of Bulgaria, Measure Unit: Number, Base Value: 0.00 , Target amount: 0.00 , Reached amount: 0.00
Indicator 2 Operations approved by the Investment Committee, Measure Unit: %, Base Value: 0.00 , Target amount: 100.00 , Reached amount: 0.00
Indicator 3 Signature of financing agreement between the European Investment Fund and the Government of Bulgaria, Measure Unit: Number, Base Value: 0.00 , Target amount: 0.00 , Reached amount: 0.00
Indicator 4 Operations approved by the Investment Committee, Measure Unit: %, Base Value: 50.00 , Target amount: 100.00 , Reached amount: 0.00
Indicator 5 Operations amounting to 50 % of the total allocated financing approved by the Investment Committee, Measure Unit: %, Base Value: 0.00 , Target amount: 50.00 , Reached amount: 50.00
Indicator 6 Signature of financing agreement between the European Investment Fund and the Government of Bulgaria, Measure Unit: Number, Base Value: 0.00 , Target amount: 0.00 , Reached amount: 0.00
Indicator 7 Operations amounting to 50 % of the total allocated financing approved by the Investment Committee, Measure Unit: %, Base Value: 0.00 , Target amount: 50.00 , Reached amount: 50.00
Indicator 8 Enterprises supported (of which small – including micro, medium, large), Measure Unit: enterprises, Base Value: 0.00 , Target amount: 57.00 , Reached amount: 4.00
Indicator 9 Operations approved by the Investment Committee, Measure Unit: %, Base Value: 50.00 , Target amount: 100.00 , Reached amount: 0.00

Financial Information

Total Project cost 180 000 000.00 EUR
Grant 180 000 000.00 EUR
Self amount 0.00 EUR
Total actual amounts paid 180 000 000.00 EUR
Percentage of EU co-financing 100.00 %

Financial Corrections

None

Notes:

1 The quoted value represents the maximum amount of the imposed financial correction. Depending on the performance of the contract, the actual amount of the deducted financial correction may be lower.

2 A financial correction with a zero total value means that it has been canceled as a result of a court judgment.

Procurements

There are no tender procedures

Notes:

All amounts are in euro (EUR) / 1 EUR = 1,95583 BGN