Lithuania Application Deadline Tender

Budgetary and public institutions which are already implementing building modernization projects for which after completing public procurement procedures the allocated funds are insufficient to achieve the goals of the projects due to increased market prices of construction works until November 18. can still apply for additional funding. 10 million was allocated from the funds of the Climate Change Program for this purpose. euros.For the UAB Public Investment Development Agency VIPA which administers the projects no. m. September 16 after publication of the invitation until October 31. 29 applications were received for 8.23 million. euros for additional financing of renovation projects of public buildings. 5.12 million EUR financing has already been allocated for the implementation of 14 projects. In order to submit even more applications the deadline for their submission has been extended until today. m. November 18 It is expected that the project promoters who took advantage of the opportunity to obtain the missing financing to complete the renovation of the buildings will successfully renovate the buildings and reduce their costs by up to 40 annually. energy consumption.The allocated amount of additional financing may not exceed 75 percent. from the amount of contract work determined in the project financing contract for the implementation of the project and no more than 2 million. euros per project.Applications can be submitted by budgetary and public institutions that are not granted the right to borrow in accordance with the procedure established by legal acts and are implementing renovation projects of public buildings in accordance with contracts previously signed with VIPA in accordance with the 2014-2020 European Union funds measure Renovation of state-owned buildings when due to the contract Executors of work costing projects do not have enough funds to implement the projects.