[{"bbox": [140, 153, 1134, 285], "category": "Text", "text": "The chosen performance indicators and targets to be used for the disbursement of variable tranches will apply for the duration of the action. However, in duly justified cases, the partner country and the Commission may agree on changes to indicators or on upward/downward revisions of targets. Such changes shall be authorised in writing ex-ante, at the latest at the beginning of the period under review applicable to the indicators and targets."}, {"bbox": [140, 311, 1134, 524], "category": "Text", "text": "In exceptional and/or duly justified cases, for instance where unexpected events, external shocks or changing circumstances have made the indicator or the target irrelevant and could not be anticipated, a variable tranche indicator may be waived. In these cases, the related amount could either be reallocated to the other indicators of the variable tranche the same year or be transferred to the next variable tranche the following year (in accordance with the original weighting of the indicators). It could also be decided to re-assess an indicator the following year against the original target, if there was a positive trend and the authorities did not reach the target because of factors beyond their control. The use of this provision shall be requested by the partner country and approved in writing by the Commission."}, {"bbox": [140, 550, 352, 575], "category": "Text", "text": "d) Fundamental values"}, {"bbox": [140, 577, 1134, 630], "category": "Text", "text": "In case of a significant deterioration of fundamental values, budget support disbursements may be suspended, reduced or cancelled, in accordance with the relevant provisions of the financing agreement."}, {"bbox": [130, 643, 423, 671], "category": "Section-header", "text": "#### 4.3.3. Budget Support Details"}, {"bbox": [140, 685, 1127, 765], "category": "Text", "text": "Budget support is provided as direct untargeted budget support to the national treasury. The crediting of the euro transfers disbursed into Nepali rupees will be undertaken at the appropriate exchange rates in line with the relevant provisions of the financing agreement."}, {"bbox": [130, 779, 885, 811], "category": "Section-header", "text": "## 4.4. Implementation Modalities for complementary support to a BS"}, {"bbox": [140, 838, 1112, 916], "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 measures³."}, {"bbox": [130, 943, 637, 971], "category": "Section-header", "text": "### 4.4.1 Indirect Management with a pillar assessed entity"}, {"bbox": [140, 998, 1134, 1053], "category": "Text", "text": "A part of this action may be implemented in indirect management with an entity or entities, which will be selected by the Commission's services using the following criteria:"}, {"bbox": [140, 1064, 1134, 1144], "category": "Text", "text": "For the implementation that entails contribution to the achievement of the specific objectives 1 and 2 of this action (see 3.1) which will improve inclusive and quality teaching, the entity will be selected using the following criteria:"}, {"bbox": [215, 1144, 865, 1170], "category": "List-item", "text": "i) At last 20 years of experience in the education sector in Nepal;"}, {"bbox": [215, 1170, 1134, 1249], "category": "List-item", "text": "ii) Experience in supporting education reforms and in particular curriculum development and reform as well as teachers management, examinations and national assessments of leaning achievements;"}, {"bbox": [215, 1249, 1134, 1305], "category": "List-item", "text": "iii) Specific experience, expertise and added value in the education sector in particular the promotion of the gender equality and social inclusion;"}, {"bbox": [140, 1329, 1127, 1436], "category": "Text", "text": "For the implementation that entails contribution to the achievement of the specific objectives 1 and 3 of this action (see 3.1) which will improve inclusive education and the capacities of local governments for the implementation of the SESP in 3 provinces in Nepal (Madhesh, Karnali and Sudurpashchim), the entity will be selected using the following criteria:"}, {"bbox": [240, 1436, 865, 1463], "category": "List-item", "text": "i. At last 10 years of experience in the education sector in Nepal;"}, {"bbox": [234, 1463, 700, 1489], "category": "List-item", "text": "ii. Experience in supporting education reforms;"}, {"bbox": [228, 1489, 1134, 1540], "category": "List-item", "text": "iii. Working experience in the 3 provinces in supporting local and provincial governments in the education sector."}, {"bbox": [130, 1572, 1144, 1647], "category": "Footnote", "text": "³ 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": [1027, 1680, 1144, 1706], "category": "Page-footer", "text": "Page 23 of 26"}]