[{"bbox": [128, 178, 751, 210], "category": "Section-header", "text": "# 4 IMPLEMENTATION ARRANGEMENTS"}, {"bbox": [128, 241, 421, 269], "category": "Section-header", "text": "## 4.1 Financing Agreement"}, {"bbox": [140, 283, 1065, 338], "category": "Text", "text": "In order to implement this action, it is envisaged to conclude a Financing Agreement with the partner country."}, {"bbox": [128, 371, 539, 399], "category": "Section-header", "text": "## 4.2 Indicative Implementation Period"}, {"bbox": [140, 413, 1130, 492], "category": "Text", "text": "The indicative operational implementation period of this action, during which the activities described in section 3 will be carried out and the corresponding contracts and agreements implemented, is **72 months** from the date of entry into force of the financing agreement."}, {"bbox": [140, 517, 1130, 571], "category": "Text", "text": "Extensions of the implementation period may be agreed by the Commission's responsible authorising officer in duly justified cases."}, {"bbox": [128, 610, 474, 638], "category": "Section-header", "text": "## 4.3 Implementation Modalities"}, {"bbox": [140, 664, 1130, 741], "category": "Text", "text": "The Commission will ensure that the EU appropriate rules and procedures for providing financing to third parties are respected, including review procedures, where appropriate, and compliance of the action with EU restrictive measures¹⁶."}, {"bbox": [187, 791, 798, 816], "category": "Section-header", "text": "### 4.3.1 Indirect Management with one or more entrusted entities"}, {"bbox": [140, 831, 1130, 883], "category": "Text", "text": "This action may be implemented in indirect management with one or more entrusted entities, which will be selected by the Commission's services using the following criteria:"}, {"bbox": [140, 897, 712, 922], "category": "Text", "text": "1. first-hand understanding of the TVET landscape in Vietnam"}, {"bbox": [140, 936, 1130, 989], "category": "Text", "text": "2. long standing experience working on TVET related issues in Vietnam, supported by a presence in the country and a team of qualified core staff;"}, {"bbox": [140, 1002, 1130, 1027], "category": "Text", "text": "3. good relations and track records working with the Government of Vietnam as an independent organisation;"}, {"bbox": [140, 1041, 893, 1066], "category": "Text", "text": "4. previous experience implementing EU-funded projects successfully in Vietnam."}, {"bbox": [128, 1094, 382, 1122], "category": "Section-header", "text": "## 4.4 Indicative Budget"}, {"bbox": [129, 1132, 1139, 1407], "category": "Table", "text": "<table><thead><tr><td>Indicative Budget components¹⁷</td><td>EU contribution (amount in EUR)</td><td>Third-party contribution, in currency identified (amount in EUR)</td></tr></thead><tbody><tr><td>Implementation modalities – cf. section 4.3</td><td></td><td></td></tr><tr><td>Objective 1, 2 and 3 – enveloped under section 4.4.1</td><td>39 500 000</td><td></td></tr></tbody></table>"}, {"bbox": [128, 1496, 1139, 1568], "category": "Footnote", "text": "¹⁶ www.sanctionsmap.eu. Please note that the sanctions map is an IT tool for identifying the sanctions regimes. The source of the sanctions stems from legal acts published in the Official Journal (OJ). In case of discrepancy between the published legal acts and the updates on the website it is the OJ version that prevails."}, {"bbox": [128, 1569, 1130, 1645], "category": "Footnote", "text": "¹⁷ N.B: The final text on audit/verification depends on the outcome of ongoing discussions on pooling of funding in (one or a limited number of) Decision(s) and the subsequent financial management, i.e. for the conclusion of audit contracts and payments."}, {"bbox": [1026, 1682, 1140, 1704], "category": "Page-footer", "text": "Page 25 of 28"}]