We/I ______________________________________________ request the following phased payments.

 Phase  Amount €
   
   
   
   
   

 

Signed: _________________________________________   Dated:____________________

Phased Payments Schedule

The LAG may make phased payments for the efficient and effective delivery of the Programme where:-

 

  • this has been requested by the promoter; and
  • the phased payments exceed €1,000; and
  • at least 20% of the total eligible costs have been incurred by the promoter; and
  • the number of phased payments on a project will be five or lower; and
  • in the case of capital projects in excess of €100,000, a sign-off by a suitably qualified person verifying that works are satisfactorily completed prior to each phased payment.