The upper limit for the management costs of the donor states is 7.5% of the EEA Grants and of the Norway Grants 2009-14 over the period from May 2009 until the grant schemes are formally closed.
The management budget includes:
- EEA Grants: Costs of running the Financial Mechanism Office, costs linked to functions of the Financial Mechanism Committee, including costs related to appraisal, monitoring, evaluation, reporting, and audits, and costs related to the participation of donor programme partners.
- Norway Grants: Costs of running the Financial Mechanism Office, costs linked to the functions of the Norwegian Ministry of Foreign Affairs related to the Norway Grants, including appraisal, monitoring, evaluation, reporting, and audits, and costs related to the participation of donor programme partners. The costs of Innovation Norway as a programme operator for the fund for decent work and tripartite dialogue for the fund for decent work and tripartite dialogue are also covered.
Part of the administrative costs incurred by the beneficiary countries is covered in the form of technical assistance grants.
All beneficiary countries are required to set aside funding for a fund for bilateral relations at national level.
From the funding available to the individual programmes, each programme operator may use up to 10% for management costs.
Overview of the EEA and Norway Grants
The management budget is highlighted bold.
|2009-2014||EEA Grants||Norway Grants||Total|
|Donor states' management budget and donor programme partners' participation||€74,512,500||€60,345,000||€134,857,500|
|Net allocation to beneficiary countries||€918,987,500||€744,255,000||€1,663,242,500|
|Bilateral fund on programme level||€62,046,390||€40,697,416||€102,743,806|
|National fund for bilateral relations||€5,050,284||€4,499,877||€9,550,161|