Agreement number: INEA/CEF/ENER/M2015/1029476
Action code: 7.3.1-0025-ELCY-S-M-15
Innovation and Networks Executive Agency
Department C - Connecting Europe Facility (CEF)
AMENDMENT N° 1
TO AGREEMENT No INEA/CEF/ENER/M2015/1029476
The
Innovation and Networks Executive Agency (INEA) ("the Agency"), under the
powers delegated by the European Commission ("the Commission"), represented for the
purposes of signature of this amendment by the Head of Department C of the Agency,
Andreas Boschen,
on the one part,
and
NATURAL GAS SUBMARINE INTERCONNECTOR GREECE-ITALY (IGI
Poseidon)
Public Limited Company
Registration No 66217/01AT/B/08/297
Marinou Antipa Ave. 92
GR 141 21 Heraklion Attikis
Greece
represented for the purposes of signature of this amendment by
hereinafter referred to collectively as “the beneficiaries”, and individually as “beneficiary”
for the purposes of this amendment,
on the other part,
Having regard to the above-mentioned grant agreement concluded between the Agency and
the beneficiary on 23/10/2015,
Whereas:
(1)
The beneficiary has requested the Agency on 29/09/2017 to amend the above-
mentioned grant agreement for the following reason: to extend the overall duration of
the action by 3 months, following delays linked to the tender procedure of Activity 2.
(2)
The measures provided for in this amendment do not affect the award of the Union
financial aid.
HAVE AGREED AS FOLLOWS:
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Agreement number: INEA/CEF/ENER/M2015/1029476
Action code: 7.3.1-0025-ELCY-S-M-15
Article 1
(1) Article 2.2 is replaced by the following article:
"2.2
The action shall run from 11/05/2015 (“the starting date”) until 31/03/2018 (“the
completion date”)."
(2) Article I.4.1 "Activities timetable" is replaced by the following article:
I.4.1
Activities timetable
Activity
Activity title
Indicative
Indicative
Milestone
number
start date
end date
number
1
Technical Feasibility Studies
2
Reconnaissance Marine Survey
3
Economic,
Financial
and
Competitiveness Studies
4
Project management
(3) Article I.5 "Milestones and means of verification" is replaced by the following article:
ARTICLE I.5 – MILESTONES AND MEANS OF VERIFICATION
Milestone
Milestone description
Indicative
Means of
number
completion
verification
date
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Agreement number: INEA/CEF/ENER/M2015/1029476
Action code: 7.3.1-0025-ELCY-S-M-15
(4) Table 2 of Annex III ''Indicative breakdown per activity of estimated eligible costs of the
action by activity (EUR)'' is replaced by the following table:
Table 2:
Indicative breakdown per activity of estimated eligible costs of the action
(EUR)
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Agreement number: INEA/CEF/ENER/M2015/1029476
Action code: 7.3.1-0025-ELCY-S-M-15
Article 2
All the other provisions of the grant agreement shall remain unchanged.
Article 3
The present amendment shall form an integral part of the grant agreement and it shall enter
into force on the date on which it is signed by the last party. It shall take effect on the date of
its entry into force.
SIGNATURES
For the beneficiary NATURAL GAS
For the Agency
SUBMARINE INTERCONNECTOR
GREECE-ITALY
Andreas Boschen
Done at Heraklion Attikis, on
Done at Brussels, on
In duplicate in English
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