At the same time as the due diligence process takes place you will work closely with your Grants Manager to ensure your project design is robust, with appropriate monitoring and evaluation measures in place to deliver results and impact. We expect pre-contracting to take between two and four months, depending on the requirements. Finalisation of this stage will lead to the disbursement of funds.
The pre-contracting process involves the following steps:
The meeting with your Grants Manager is the first step. In this meeting, the technical design of your project, outlined in your Application Form, will be reviewed alongside financial compliance.
The key topics for discussion during the design meeting are:
Following the meeting, you will work with your Grants Manager to finalise the above key documents. Once your project design and supporting documentation has been approved, and a grant start date agreed, you will move to the signing of your grant agreement. Your Grant Officers will support you with this process.
Following signature of your grant agreement, your first disbursement will be processed according to the agreement: this is usually the full grant value for Opportunity grants or the first six months, plus 15% of your total budget, for all other grant types.
For more information on selecting Milestones and Indicators, and ensuring your project delivers impact, please see User Guide film 1 below.