[{"bbox": [164, 152, 581, 177], "category": "Section-header", "text": "# 4 IMPLEMENTATION ARRANGEMENTS"}, {"bbox": [164, 191, 402, 218], "category": "Section-header", "text": "## 4.1 Financing Agreement"}, {"bbox": [175, 231, 1074, 284], "category": "Text", "text": "In order to implement this action, it is not envisaged to conclude a Financing Agreement with Paraguay."}, {"bbox": [171, 299, 541, 326], "category": "Section-header", "text": "## 4.2 Indicative Implementation Period"}, {"bbox": [175, 338, 1074, 443], "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 **60 months** from the date of adoption by the Commission of this Financing Decision."}, {"bbox": [175, 456, 1074, 510], "category": "Text", "text": "Extensions of the implementation period may be agreed by the Commission's responsible authorising officer by amending this Financing Decision and the relevant contracts and agreements."}, {"bbox": [171, 524, 481, 551], "category": "Section-header", "text": "## 4.3 Implementation Modalities"}, {"bbox": [171, 563, 1074, 641], "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 measures⁵."}, {"bbox": [171, 656, 695, 683], "category": "Text", "text": "### 4.3.1 Direct Management (Grant) – NOT APPLICABLE"}, {"bbox": [171, 695, 718, 722], "category": "Text", "text": "### 4.3.2. Direct Management (Prize(s)) – NOT APPLICABLE"}, {"bbox": [171, 735, 825, 762], "category": "Text", "text": "### 4.3.3. Direct Management (Procurement) – Specific Objectives 2 and 3"}, {"bbox": [171, 775, 1074, 828], "category": "Text", "text": "The action will be implemented through one or more service contracts signed and managed by the European Union as contracting authority."}, {"bbox": [171, 841, 812, 867], "category": "Text", "text": "These service contracts will cover all specific objectives (SO 2, SO3)."}, {"bbox": [171, 880, 851, 907], "category": "Text", "text": "### 4.3.4 Indirect Management with an entrusted entity – Specific Objective 1"}, {"bbox": [182, 921, 1074, 1081], "category": "Text", "text": "A part of this action may be implemented in indirect management with an entrusted entity, which will be selected by the Commission services using the following criteria: i) experience in identification and assessment of investment projects ii) knowledge of the Paraguayan context iii) knowledge of GGIA priorities. The implementation by this entity entails the promotion of Global Gateway strategy providing support to the identification of new Global gateway investment projects and/or to the implementation of already approved GGIA."}, {"bbox": [171, 1132, 1008, 1186], "category": "Text", "text": "### 4.3.5 Changes from indirect to direct management mode (and vice versa) due to exceptional circumstances (one alternative second option)"}, {"bbox": [171, 1199, 1074, 1306], "category": "Text", "text": "If the implementation modalities in direct management cannot be implemented due to circumstances outside of Commission's control, alternative implementation modalities in indirect management might be considered and notably, to entities offering similar technical competences, and/or capacities and/or experience to those of the entities originally foreseen in direct management."}, {"bbox": [171, 1318, 1074, 1397], "category": "Text", "text": "If the implementation in indirect management cannot be implemented due to circumstances outside of Commission's control, alternative implementation modalities in direct management might be considered similar to those planned under 4.4.3."}, {"bbox": [164, 1539, 1082, 1615], "category": "Footnote", "text": "⁵ 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": [966, 1679, 1082, 1703], "category": "Page-footer", "text": "Page 12 of 15"}]