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Preparation of the road infrastructure project for the Vaslui Bypass Variant

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THE NATIONAL COMPANY FOR ROAD INFRASTRUCTURE MANAGEMENT S.A., as the Beneficiary, and the Ministry of Transport and Infrastructure, as the Intermediate Body for Transport, have signed Additional Act No. 3 to Financing Contract No. 61/26.02.2020, for the project:

"Support for the preparation of technical documentation related to the road infrastructure project for the Vaslui Bypass"

By signing Additional Act No. 3, one of the important clauses is amended:

Article I General Conditions:

Art. 3- Contract Value, para (1) and para (2) shall have the following content:. The total value of the Financing Contract is 1,233,244.20 lei;

The eligible non-reimbursable value from the European Regional Development Fund is in the amount of 885,888.70 lei, equivalent to 85% of the total eligible value.

The eligible co-financing value of the Beneficiary is in the amount of 156,333.30 lei, equivalent to 15% of the total eligible value. The difference from the total project value represents ineligible expenses including VAT.

The project is co-financed by the European Union from the European Regional Development Fund through the Large Infrastructure Operational Program 2014-2020.

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